Iran Needs $80b Investment to Produce 1.4b cm of Gas
Oil Minister Javad Oji says according to estimates, Iran needs some $80b investment in order to produce 1.4b cubic meters of gas, noting that the oil industry has brought the country over $43 billion of revenues in the previous Iranian calendar year (ended on March 20).
New Tourism Destinations in Malaysia Introduced
The Ministry of Tourism, Arts and Culture of Malaysia announced that the country's borders were opened to foreign tourists after a two-year hiatus due to the corona pandemic.
Iran-Oman annual trade hits record high of $1.3b, growing 53%
The value of trade between Iran and Oman hit a record high in the past Iranian calendar year 1400 (ended on March 20), from its previous year, the head of Iran-Oman Joint Economic Committee announced.
TPO prioritizes supporting knowledge-based export companies
Head of Iran’s Trade Promotion Organization (TPO) Alireza Peyman-Pak said supporting knowledge-based export companies will be among TPO’s top priorities in the current Iranian calendar year (started on March 21).
Over 47m vehicle tires produced in a year
Iranian tire manufacturers produced 47,624,426 vehicle tires in the past Iranian calendar year 1400 (ended on March 20), which was one percent more than the figure of its preceding year.
Iranian Trade Delegation to Visit Qatar
An Iranian trade delegation is to visit Qatar in June to explore ways of boosting economic cooperation between the two states.
Thermal power plants’ annual output up 8%
Iran’s thermal power plants generated 324 billion kilowatt-hours (kWh) of electricity in the previous Iranian calendar year (ended on March 20) to register an eight-percent rise compared to the preceding year, an official with the Thermal Power Plants Holding (TPPH) announced.
Home Appliances Market in Recession
Chairman of the Iranian Home Appliances Trade Union Mr. Akbar Pazouki says despite slump in the price of the home appliances in the country, this market is struggling with recession.
Iran Trade Rises 3-Fold in Q1 of 2022
Iran’s Customs Administration says the country’s foreign trade registered a more than three-fold increase in the first quarter of 2022 year on year.
U.S. sanctions unable to hinder Iranian oil exports: report
Washington Free Beacon, an American conservative political journalism website, has recently said in a report that Iran's "fleet of ghost ships" has been successfully sidestepping U.S. sanctions, delivering millions of barrels of crude oil and petroleum products to foreign destinations.