Iran’s 1st permanent virtual water, electricity expo to kick off on Monday
Iran’s Water, Electricity Virtual Exhibition (WEVEX 2021), as the first permanent online exhibition in the said sectors, is going to kick off on Monday, the portal of the Energy Ministry known as Paven reported.
‘Maintaining production level at South Pars requires proper planning’
Managing Director of Pars Oil and Gas Company (POGC), which is in charge of developing the country’s giant South Pars gas field in the Persian Gulf, has said proper planning must be made in order to maintain the field’s production level in the future.
Sanctions Deprived Iran of $100b in Oil Revenues
New Oil Minister Javad Owji says the "tyrannical" U.S. sanctions have deprived Iran of 1.8 billion barrels of oil exports and more than $100 billion of revenues.
Tehran, Nairobi to Launch Direct Cargo Flight by End of 2021
During a webinar on reviewing the trade capacities and opportunities of Iran and Kenya on Tuesday, it was announced that the direct cargo flight will be launched between the two countries by the end of 2021.
Over 4m tons of basic goods stored at Iranian ports
Head of Iran’s Ports and Maritime Organization (PMO) Mohammad Rastad says over four million tons of basic goods are already stored at the country’s ports, the PMO portal reported on Wednesday.
Former CBI governors stress bank’s authority in economic decisions
The former governors of the Central Bank of Iran (CBI) have said the president should not intervene in the country’s specialized economic decisions which are mainly made by the CBI, Mehr News Agency reported.
POGC to begin new drilling operations in South Pars gas field
Iran’s Pars Oil and Gas Company (POGC), which is in charge of developing the country’s giant South Pars gas field in the Persian Gulf, is preparing to begin new drilling operations in this field, an official with the company announced.
Reaching 8% economic growth possible
Head of Iran’s Planning and Budget Organization (PBO) has said achieving an eight percent economic growth is possible if the government manages the budget properly and implements correct planning, IRNA reported.
Forex Price Continuing Its Downward Trend
The Governor of Central Bank of Iran Akbar Komijani says the country in recent days has seen the decline in the forex rate in the market as a U.S dollar is being currently traded at around 260,000 rials while it had hit 280,000 rials.
Turkey Is Iran’s Biggest Rival in Kurdistan Region Market
Head of Sanandaj Chamber of Commerce says if the statesmen want to materialize the goal of boosting trade exchange with countries, the embassies and foreign ministry should focus on economic diplomacy and the number of commercial counselors in the target export markets should be more than political ones.