13 Nov 2024
Tuesday 4 September 2018 - 18:38
Story Code : 318338

Irans coverage: Iran opens $1.85 billion worth of petrochemical projects

Daily look at Irans late-breaking news and upcoming events:
 
President Rouhani opens 3 petchem projects
Iran has brought online 3.4 million metric tons per year (mt/y) of new methanol, urea and ammoniacapacity at a cost of $1.85 billion, Ministry of Petroleums Shana news outlet reported on Tuesday.

Belgian official underlines EIBs support for investment in Iran
Minister-President of Belgiums Flanders Region Geert Bourgeois said the European Investment Bank (EIB) will support investment in Iran, and underlined Europes efforts to strengthen the so-called blocking statute to decrease US sanctions negative impacts on Iran.


 
Iran dismisses media allegations of arms smuggling to Lebanon
The Iranian foreign ministry on Tuesday rejected a report released by Fox News alleging that the country has smuggled arms to the Hezbollah resistance group in Lebanon.

 
Iran-China trade faces growth in first half of 2018
Iran-China economic relations have faced 2.2% increase during the first half of 2018, Chinas deputy ambassador to Tehran announced Tuesday.

Iran moving main oil export terminal out of Persian Gulf
Iran is to move its main oil export terminal from thePersian Gulf to the Oman Sea, President Hassan Rouhani announced on Tuesday, sparing its tankers from using the strategic Strait of Hormuz.

 
Iran says will try to remove militants from Syrias Idlib with least human cost
Iran is making efforts to remove militants from Idlib in Syria with the least human cost, Foreign Minister Mohammad Javad Zarif said on Tuesday.

 
UNHCR chief lauds Irans leader support for Afghan refugees
UN High Commissioner for Refugees (UNHCR) chief on Monday lauded support granted by Irans Supreme Leader Ayatollah Seyyed Ali Khamenei for the Afghan refugees.


 
Petrochemicals at forefront of countering sanctions: Rouhani
Iranian President Hassan Rouhani said Tue. that the countrys oil, gas and petrochemicals are at the forefront of countering the enemies economic sanctions against Iran.

 
Turkey to trade in local currencies with Iran, China
Turkish President Recep Tayyip Erdogan says he has plans to ditch the dollar in trade with Iran and China and instead use local currencies.

Iran rial resumes drop as oil sales sink ahead of sanctions
Irans rial dropped sharply and foreign-exchange traders shut shop as concerns grew that authorities may be powerless to defend the currency as U.S. sanctions bite.


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