What role for oil in Iran’s private sector?
Financial Tribune – Private sector in Iran cannot make miracles happen in international oil business under the sanctions regime as it was…
Economy
Russia eyes Iran’s Chabahar to transit goods
Tehran Times – Russia is seeking to use Iran’s Chabahar port in order to transit goods to other countries especially to the…
Massive sums keep flowing into Concours business
Financial Tribune – University students-to-be have just selected their major of choice after sitting for the so-called Concours, the nationwide entrance exam,…
Iran steel exports decline 12%
Financial Tribune – M ajor Iranian steelmakers exported 2.24 million tons of steel during the first four months of the current fiscal…
NISOC to offer 3 new contracts for developing oil reservoirs
Tehran Times – National Iranian South Oil Company (NISOC) has finalized three new development packages worth 39 trillion rials (about $928.5 million)…
20 power plant units to be inaugurated by yearend
MNA – Iranian Minister of Energy Reza Ardakanian said that a number of 20 power plants, with the production capacity of 3,000…
Rural electrification noteworthy
Financial Tribune – The number of rural areas linked to the national power grid has increased by 13 fold or 1.200% over…
CBI sees stable currency market after turbulent year
Tehran Times – Governor of Central Bank of Iran (CBI) said the currency market is moving toward stability and predictability after a…
Iran Energy Exchange to offer heavy crude on Wednesday
MNA – The Iranian National Oil Company announced in a notice on Saturday that the new round of heavy crude oil sale…
Technological expansion of upstream sector priority this year: Zanganeh
MNA – Iranian Oil Minister Bijan Namdar Zanganeh announced transferring and expansion of upstream sector in cooperation with universities and research centers…
Iranian, Chinese knowledge-based firms to hold trade, technology meeting in China
MNA – Iranian and Chinese knowledge-based companies are to hold a joint commercial and technology meeting in Chinese cities of Shenzhen and…
Iran, Russia, Azerbaijan agree to set up North-South energy corridor
MNA – Officials of Republic of Azerbaijan, Iran and Russian Federation have signed an agreement to study jointly feasibility of a project…
Iranian delegation arrives in Kabul for energy talks
MNA – A high-ranking delegation from Iran’s Energy Ministry arrived in Kabul Saturday morning to hold talks with senior Afghan officials on…
Hamedan signs cooperation MoUs with Iraq’s KRG
IRNA – Iran’s Hamedan province signed four trade cooperation agreements in the field of bag, shoes and leather production and one collaboration…
Iran’s IKIA launches domestic flights amid plans to boost capacity
Press TV – A first domestic flight is to be launched from the Imam Khomeini International Airport (IKA), the largest in Iran…
SZOGPC self-sufficient in manufacturing, repairing oil industry equipment
Tehran Times – South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured or repaired…
Substantial rise in permits issued for building homes in Iran
Financial Tribune – The Statistical Center of Iran has published its latest figures on the number of building permits issued in the…
Mianeh-Tabriz railway to be inaugurated within next two months
MNA – Vice President and Head of Plan and Budget Organization Mohammad-Baqer Nobakht made the remarks on Thu. on the sidelines of…
Iran Blockchain Community criticizes high power tariffs
Financial Tribune – head of Iran Blockchain Community says imposing high tariffs on electricity consumption by cryptocurrency mining is actually pushing miners…
Agricultural products account for 15 percent of Iran’s exports
IRNA – Agricultural products constitute some 15 percent of Iran’s exports to over 60 countries. Director General of the Exports Coordination Office…
Crude output up at Iran’s north Yaran joint oilfield
Financial Tribune – T he second electric submersible pump installed in a well in the North Yaran Oilfield in southern Khuzestan Province…
Iran will be able to export oil avoiding Strait of Hormuz starting in 2021 – Reports
Sputnik – Iran will begin exporting oil south along its Persian Gulf coast toward the Strait of Hormuz as soon as it…
US-China trade war and Iranian oil: Market disruptions ahead?
Geopolitical Monitor | Tanmay Kadam: The escalating trade war between U.S. and China has given rise to the prospect of two possible…
Iran, Russia to boost banking coop.
MNA –Russian Ambassador to Iran Levan Dzhagaryan said banking cooperation between Iran and Russia will increase in near future. He made the…
250 new nanotech products to hit market by March 2020: official
Tehran Times – Some 250 new nanotech products will be introduced to the domestic market by the end of the current Iranian…
Iran to enforce green tax
Financial Tribune – Tax will be levied on products that cause environmental damage in their manufacture or use, an official with the…
Exports from Dogharoon Customs up 20% over past four months
IRNA – Nearly a billion ton of Iranian goods were exported to Afghanistan from Dogharoun Customs in northeastern Iran during the past…
Iran, self-sufficient in producing wheat
IRNA – Iran has produced some 14.5 million tons of wheat in the current agricultural year which is more than its domestic…
Iranian job market analysis: How long employees stay in their jobs?
Financial Tribune – Of the 23.8 million people employed in Iran in the last fiscal year (ended March 20, 2019), 12.9 million…
Tehran, Ashgabat discuss expansion of trade ties
Tehran Times – Head of Iran Chamber of Commerce Industries, Mines and Agriculture (ICCIMA) held talks with Turkmenistan’s Minister of Trade and…
Iran’s knowledge based firms to manufacture 14 meteorological equipment
MNA – Head of Strategic Technology Development Center Esmaiel Ghaderifar said that Iranian knowledge based firms are going to manufacture 14 meteorological…
Iran’s daily gasoline output exceeds 100m liters
Tehran Times – Gasoline production in Iran has exceeded 100 million liters per day, according to the chairman of the Association of…
Iran, India trade volume exchange to increase $30bn: official
MNA – Based on planned perspectives trade volume exchange between Islamic Republic of Iran and India must increase up to $30 billion.…
2mn barrels of light crude at today’s energy exchange
MNA – National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX). According to NIOC,…
US after increasing oil price to $200: lawmaker
MNA – An Iranian lawmaker believes that the United States is trying to sow insecurity in the Persian Gulf region to increase…
Border traffic on the rise between Iran, Azerbaijan
Tehran Times – Traffic of passengers between Iran and Azerbaijan at Bileh Savar border crossing has increased by 23 percent in the…
Iran, Nicaragua sign $10m deal to export pharmaceuticals to Central American country
IRNA – Iran is ready to export pharmaceuticals to Nicaragua and share its professional expertise in medicine production and maintenance with the…
Iran iron ore exports at 17m tons orth $840m last year
Financial Tribune – A total of 17 million tons of iron ore were exported from Iran in the last fiscal year (March…
Iran’s daily gas output hits 810mcm
Tehran Times – National Iranian Gas Company (NIGC) Dispatching Director Mehdi Jamshidi Dana, said the country’s daily gas production has reached 810…
Iran, Tajikistan committed to remove barriers to develop bilateral ties
IRNA – Iran says barriers on path of development of bilateral ties between Iran and Tajikistan should be removed in a bid…