Oil Minister Dismisses FOB Pricing for Refinery Feedstocks Supply
Iran’s Oil Minister Bijan Namdar Zanganeh said the price of feedstocks supplied to refineries across the country would no longer be calculated using the free on board (FOB) system that is widely used in energy trade in the Persian Gulf region.
Iran’s Cinema Organization Sees Holding Film Festivals Online
Director of the Cinema Organization of Iran Hossein Entezami emphasized holding more film festivals online.
Iran Health Ministry: Coronavirus Death Toll Surpasses 21,900
Iran surpassed 21,900 confirmed COVID-19 deaths Thursday, the Health Ministry said.
Major Power, Water Projects Launched in West
Iranian President Hassan Rouhani on Thursday launched four major power and water projects in the provinces of Kermanshah, Ardabil, East Azarbaijan.
Iran Produces over 38,000 Military Gear Parts on Its Own
Iran military units are capable of manufacturing more than 38,000 military equipment and hardware parts despite pressures and sanctions.
Petchem Product Basket to Get More Diversified by 2025: Iran NPC
Iran’s petrochemical product basket will become more diversified by the Iranian year 1404 (to start March 21, 2025), said the head of Iran’s National Petrochemical Company.
Science VP: US Sanctions Blessing for Iranian NTBFs
Iranian Vice President for Science and Technology Sorena Sattari said that US sanctions have been a blessing for the country’s new technology-based firms (NTBFs).
IKCO Releases Peugeot 207 with Panoramic Roof
Iran’s largest car manufacturer, Iran Khodro Company (IKCO), is launching a new version of its popular French model Peugeot 207 with a panoramic roof.
Schools Preparing for New Education Year
Schools in Iran are preparing to begin the new year as new infections and deaths from the coronavirus have dwindled in recent weeks.
Central Bank Provided $14.5b for Essential Goods: Rouhani
The Central Bank of Iran (CBI) has paid $14.5 billion for basic and essential goods, despite the coronavirus and its associated problems, said Iranian President Hassan Rouhani on Wednesday.