Iran ready to send 93m barrels of oil into market post sanctions: report
–Iran currently holds about 93 million barrels of crude oil and gas condensate stored on vessels in the Persian Gulf, off Singapore and near China ready to be injected into the market if the nuclear deal is revived, Bloomberg reported on Monday citing ship-tracking firm Kpler.
Tehran, La Paz Seek Agreement on Preferential and Free Trade
Deputy Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Hossein Selahvarzi in meeting with Deputy Minister of Foreign Affairs of Bolivia Freddy Mamani Machaca reviewed some agreements between the two countries which are undecided and called for agreement on free and preferential trade.
Tehran to host 14th International Forum on Islamic Capital Market in early Nov.
The 14th International Forum on Islamic Capital Market (ICM) is going to be held in Tehran during November 6-7, Vice Chairman of Iran Securities and Exchange Organization (SEO) Bahador Bijani said.
Iran Gas Revenues Up 64% in a Year
The managing director of National Iranian Gas Company (NIGC) has said the country’s gas revenues have increased by 64 percent since the current government took office last August, IRNA reported.
Gov’t Ready for Any Scenario Regarding JCPOA Talks Outcome
Minister of Finance and Economic Affairs says that Iran has planned for both scenarios, whether sanctions are lifted or not during the JCPOA revival talks
Four Concerns in Manganese Mining
The underground nature of manganese mines in Iran is an old challenge for miners in this field, because it involves the high cost of production.
Iran, Nigeria ink MOU to expand energy cooperation
Iran and Nigeria have signed a memorandum of understanding (MOU) to expand cooperation in various energy fields, Shana reported.
Annual petchem export expected to hit $18b by next March
–Iran’s annual export of petrochemicals is expected to reach $18 billion in the current Iranian calendar year (ends on March 20, 2023), the managing director of National Petrochemical Company (NPC) announced.
Iran Non-Oil Exports Increase 21% in 5 Months
The value of Iran’s non-oil exports reportedly reached $20.924 billion in the first five months of the current Iranian calendar year (March 21-August 22), up 21 percent compared to the last year’s same period, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
Healthy Competition Only Way for Combatting Excessive Garment Smuggling
Head of Research Center of Tehran Union of garment Manufacturers and Sellers, emphasizing ease in business condition, said dumping and preferential tariff are two major factors for easing garment imports from Turkey.