Iran’s petchem revenues to reach $50b by 2027
Iran’s National Petrochemical Company (NPC) is planning the fourth leap of the petrochemical industry, based on which the country’s petrochemical revenues are expected to reach $50 billion by the Iranian calendar year 1406 (starts in March 2027), according to NPO Managing Director Behzad Mohammadi.
Oil industry taking big steps for promoting innovation, technology
As one of the major pillars of the Iranian economy, the oil industry has been evolving continuously over the past four decades and with the world stepping into the new era of technological advances the Iranian oil industry too has been taking new steps in this regard.
Petchem Industry to Earn Iran $21.5b by Yearend
Head of Iran's National Petrochemical Company (NPC) Behzad Mohammadi says for the first time this year, the revenues of petchem industry will hit $21.5b, adding that by the yearend, some 43m tons of final petrochemical products will be produced and 33m tons of it to be exported.
NIOC’s monitoring center officially launched
The monitoring center of the National Iranian Oil Company (NIOC) was officially inaugurated in a ceremony attended by the outgoing Oil Minister Bijan Namdar Zanganeh on Sunday, Shana reported.
Iran, Brazil mulling over expansion of mining cooperation
Iran and Brazil are considering expansion of cooperation in the mining sector, according to the Head of Iran Mine House (IMH) Mohammadreza Bahraman.
Exports from South Khorasan increases 41% in 4 months
The value of exports from Iran’s eastern South Khorasan province rose 41 percent in the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, according to a provincial official.
Iran Trade With EAEU States Falls by 3% Last Year
Iran’s trade with the Eurasian Economic Union (EAEU) members stood at $3.4b last year which shows 3 percent decline comparing to the preceding year.
IME’s value of weekly trades doubled
The value of trades doubled at Iran Mercantile Exchange (IME) in the past Iranian calendar week (ended on Friday).
No problem in providing funds needed to import Covid vaccines
The Governor of the Central Bank of Iran (CBI) has said the bank has no problem in providing the necessary funding for the imports of Conid-19 vaccines into the country, IRIB reported on Sunday.
Iran, Finland discuss expansion of trade ties
Head of Iran-Finland Joint Economic Committee Gholamhossein Jamili met with the Finnish economic and international trade advisor in Tehran to discuss the expansion of technology and trade ties.











































