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2019-05-19 19:33
Turkey wants removal of barriers in trade with Iran: Turkish envoy
TEHRAN- Turkish ambassador to Iran said his country wants the barriers in the way of trade with Iran to be removed, IRNA reported.
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2019-05-19 19:30
Iran calls for exploiting private sectors' capacities in trade with Czech Republic
TEHRAN - Mohammadreza Modoudi, the acting head of Iran’s Trade Promotion Organization (TPO), called for using the potentials of the Iranian and Czech private companies for expanding mutual trade, the portal of TPO reported.
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2019-05-18 22:57
‘Energy Ministry to support private renewable power plants for electricity exports’
TEHRAN – Iranian Energy Minister Reza Ardakanian said the country’s renewable power plants operated by the private sector will be provided with necessary facilities to export electricity to the neighboring countries, Tasnim news agency reported on Friday.
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2019-05-18 22:50
Small ports can play key role in current economic condition: PMO official
TEHRAN- Small ports can play some key and essential role in the country’s current economic condition, the ports affairs director of Iran’s Ports and Maritime Organization (PMO) Ravanbakhsh Behzadian asserted.
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2019-05-18 20:21
80 new power projects to be implemented in Tehran by late-June
TEHRAN – Iranian Energy Ministry is going to implement 80 new electricity projects worth five trillion rials (over $119 million) in the capital to get the grid prepared for passing the summer’s peak demand period, IRIB reported quoting an energy official.
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2019-05-18 20:17
IRENEX to hold 10th round of oil offering based on new guidelines
TEHRAN- National Iranian Oil Company (NIOC) is going to set new guidelines for holding the 10th round of crude oil offering at Iran Energy Exchange (IRENEX), IRNA reported.
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2019-05-18 20:12
Iranian, Iraqi businessmen gather in an Iftar dinner in Baghdad
TEHRAN – Officials, businessmen and entrepreneurs from Iran and Iraq gathered together for an Iftar dinner in Friday evening at the Iranian embassy in Baghdad, IRNA reported.
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2019-05-17 19:26
‘Exporters re-inject 60% of their foreign currency earnings into economy’
TEHRAN- The governor of the Central Bank of Iran (CBI) said so far the country’s exporters have re-injected 60 percent of their total exports revenues in the form of foreign currency into the country’s financial system, IRNA reported on Friday.
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2019-05-17 19:24
Too early to assess impact of U.S. Iran sanctions on market: Novak
TEHRAN - Russian Energy Minister Alexander Novak Said the impact which the U.S. sanctions on Iranian oil industry will have on the global markets is still unclear, IRNA reported
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2019-05-17 19:20
S. Korea April oil imports from Iran rise 17% on year
TERHAN – South Korea’s April oil shipments from Iran increased 17 percent compared to the same period last year, Reuters reported citing the country’s customs data.
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2019-05-17 19:17
Iran delivers 130,000t of fuel oil to China
TEHRAN – A tanker carrying Iranian fuel oil unloaded the nearly 130,000-ton cargo into storage tanks near the Chinese city of Zhoushan, Reuters reported on Thursday citing ship tracking data on Refinitiv Eikon.
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2019-05-15 21:10
Iranian heavy crude oil price up over $4 per barrel in April: OPEC
TEHRAN- Iranian heavy oil price increased $4.35 in April, according to OPEC’s latest monthly report published on Tuesday.
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2019-05-15 20:20
‘Iraq, Afghanistan, Turkey proper markets for Iran’s copper during sanctions’
TEHRAN- Iraq, Afghanistan and Turkey are appropriate markets for Iran’s copper during the sanctions time, Kourosh Shabani, the vice chairman of National Iranian Copper Association, said in an interview conducted by the news portal of Iran Chamber of Commerce, Industries, Mine and Agriculture (ICCIMA).
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2019-05-15 20:19
Iran, Czech Republic to explore ways of expanding economic ties
TEHRAN – Iran and Czech Republic are going to explore ways of expanding mutual trade, Shada reported. The decision was announced in the opening ceremony of Iran-Czech Republic Joint Economic Committee which was held in Tehran on Tuesday.
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2019-05-15 20:12
Iran, Turkmenistan to expand trade, transport ties
TEHRAN – Iran and Turkmenistan explored ways of expanding trade and transportation cooperation in a forum in Ashgabat, IRIB reported.
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2019-05-14 22:06
CBI admonishes EU for being all words on INSTEX
TEHRAN – The Governor of the Central Bank of Iran (CBI) criticized the European parties of the Iran nuclear deal for repeating ‘threadbare’ remarks over their promised trade mechanism for Iran (INSTEX) and failing in realizing their promises.
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2019-05-14 19:45
Pakistan to pay a heavy price if Iran takes legal action on IP: Pak min.
TEHRAN – Pakistani Foreign Minister Shah Mehmood Qureshi said on Tuesday that halting the multi-billion dollar Iran-Pakistan gas pipeline project is going to cost Pakistan a heavy penalty, IRNA reported.
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2019-05-14 19:43
U.S. unable to halt Iranian petchem exports: MP
TEHRAN - A member of Majlis energy committee said the U.S. cannot restrain Iran from exporting its petrochemicals to the global markets, Shana reported.
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2019-05-14 19:40
Gas exports to Iraq to reach 40mcm/d: NIGC
TEHRAN – The managing director of National Iranian Gas Company (NIGC) said gas exports to Baghdad and Basra is going to rise to 40 million cubic meters per day (mcm/d) in the months to come.
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2019-05-13 22:28
‘Thermal power plants account for 95% of Iran’s power generation’
TEHRAN – Thermal power plants are generating near 95 percent of Iran’s electricity, IRIB reported on Sunday, quoting a senior official with the country’s Thermal Power Plants Holding Company.
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2019-05-13 20:10
Monthly coal concentrate output up 33% yr/yr
TEHRAN- Production of coal concentrate in Iran increased 33 percent during the first Iranian calendar month of Farvardin (March 21-April 20, 2019) compared to the output in the first month of the previous year, IRIB reported on Monday citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
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2019-05-13 19:58
Value of textile exports rises 6% in a year
TEHRAN- The value of Iran’s textile exports rose six percent during the past Iranian calendar year (ended on March 20, 2019), Afsaneh Mehrabi, director general of Textile and Clothing Industry Office at Ministry of Industry, Mining and Trade told IRNA on Sunday.
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2019-05-13 19:54
Iraq says no replacement for Iran’s electricity
TEHRAN – Iraqi electricity minister said there is no alternative for Iran’s electricity in terms of volume, price or speed of delivery, Mehr news agency reported.
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2019-05-13 19:52
Iran, Pakistan to hold talks over IP gas pipeline by early June
TEHRAN – A high-ranking Iranian delegation is due to visit Islamabad in near future to discuss the stalled Iran-Pakistan gas pipeline project (known as IP), Mehr news agency reported on Monday, citing Pakistani daily Express Tribune.
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2019-05-12 19:47
‘Aluminum exports to neighbors not to be stopped’
TEHRAN- Iran will not stop export of aluminum to its neighboring countries, the secretary general of Aluminum Industries Syndicate of Iran said in an interview conducted by the news portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).
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2019-05-12 19:17
‘Iran not concerned about U.S. sanctions on metals industry’
TEHRAN- Iran is not much concerned about the United States’ recent sanctions on the country’s metal exports, as Iranian steel, copper and aluminum have already their own customers, according to Iran’s deputy minister of industry, mining and trade.
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2019-05-12 19:14
Oil production in Iran’s flood-stricken regions back to normal
TEHRAN – Oil fields in flood-stricken regions of Khuzestan Province in southwestern Iran are once again operational and the production is back to normal, IRNA reported on Sunday.
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2019-05-11 23:03
Iran offers petrochemicals, naphtha at IRENEX
TEHRAN – Iran has offered a variety of petrochemical products as well as 5,000 tons of light naphtha at the country’s Energy Stock Market (IRENEX), Fars news agency reported.
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2019-05-11 22:53
Securities worth over $8.3b traded at TSE since March 21
TEHRAN- Some 140.294 billion securities worth 352.259 trillion rials (about $8.387 billion) have been traded at Tehran Stock Exchange (TSE) since the beginning of current Iranian calendar year (March 21, 2019), IRIB reported.
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2019-05-11 20:03
India’s 1st rice cargo for Afghanistan arrives at Chabahar Port
TEHRAN – India’s first consignment of rice to Afghanistan which is due to be delivered through India-Iran-Afghanistan trade route, arrived at Chabahar Port, IRNA reported on Saturday, quoting a deputy with Afghanistan Chamber of Commerce and Industries (ACCI).
