Category: 4. Business
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Oil Ministry holds meeting to explore ways of resolving energy imbalance
TEHRAN – The second meeting to address and manage energy imbalance in Iran was held at the Oil Ministry, attended by senior officials, including vice presidents and several cabinet members. According to Shana, the session took place on Sunday… Continue Reading
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Iran to open trade center in Belarus
TEHRAN – The Director General of the Central Asia, Caucasus, and Russia Department of the Trade Promotion Organization of Iran announced the opening of a trade center in Belarus during an upcoming visit by Minister of Industry, Mine, and Trade to… Continue Reading
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Iran, Russia launch two transport projects to boost trade
The projects include the “Ulyanovsk-Astara” rail route and the “Volga-Caspian Sea” river corridor, expected to slash transit times from 21 days to just seven. The launch ceremony in Ulyanovsk was attended by the region’s governor,… Continue Reading
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Iran’s exports up 18% y/y in 8 months to Nov: IRICA
Customs figures show Iran’s exports rose 18% year on year in the eight months to late November. The Iranian customs office (IRICA) says exports from the country rose by 18% in value terms in the eight months to late November. IRICA figures… Continue Reading
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Iran non-oil exports up 18% in 8 months: IRICA
Iran’s foreign trade between March 21 and November 22, 2024 stood at $83.279 billion, $38.154 billion of which related to the export of non-oil commodities, the report added. IRICA pointed out that over 103,000 tons of non-oil goods, valued at… Continue Reading
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Iran increasing oil output regardless of US political future
Mohsan Paknejad made the remarks on Sunday on the sidelines of the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Tehran, where he told reporters that GECF members arrived in Tehran on Friday, and expert-level meetings… Continue Reading
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Export from East Azarbaijan province up 32% in 7 months on year
TEHRAN – As announced by a provincial official, the value of non-oil export from East Azarbaijan province, in the northwest of the country, rose 32 percent during the first seven months of the current Iranian calendar year (March 20-October… Continue Reading
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Over 1.7m tons of goods transited via Iran in a month
TEHRAN- As announced by the spokesman of the International Relations and Trade Development Committee of Iran’s House of Industry, Mining and Trade, 1.723 million tons of commodities were transited through Iran in the seventh Iranian calendar… Continue Reading
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Iran offers cooperation with gas exporting countries in oil and gas technologies
TEHRAN – Iran’s Petroleum Industry Research Institute has expressed its readiness to cooperate with Gas Exporting Countries Forum (GECF) member states across the upstream and downstream oil and gas sectors, the institute’s head said on… Continue Reading
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Iran’s producer price inflation hits seven-year low
TEHRAN – Iran’s annual producer price inflation (PPI) dropped to its lowest level in seven years, Central Bank of Iran (CBI) Governor Mohammadreza Farzin announced. Presenting a report during a recent cabinet meeting, Farzin revealed that the… Continue Reading