Iran Preparing a Legal Complaint against South Korea
The Central Bank of Iran (CBI) is preparing to lodge an official complaint against South Korea, said a report, as Seoul refuses to return Iranian funds.
POGC: 2nd Gas Condensate Export Pipeline in South Pars Complete
The deputy director of South Pars Phase 19 Development Project announced the completion of the first part of the second gas condensate export pipeline of phases of South Pars Site 2.
Israel Shuts Gaza Fishing Zone
Israeli Defense Minister Benny Gantz ordered the fishing zone off the coast of Gaza closed until further notice in response to alleged rocket fire from the enclave.
South Pars Refinery Gas Output Increases
The supervisor of the second refinery of Iran’s giant South Pars gas field has said the refinery’s gas production has increased by two percent.
Crude Steel Output of Iran Increases by 9% in 4 Months
Production of steel ingots in Iran rose nine percent during the first four months of the current Iranian year.
IME Weekly Trade Hits $1.19 billion
Iran Mercantile Exchange (IME) announced on Saturday that 617,479 tons of commodities, valued at over $1.19 billion.
India long-term Strategy to Purchase Iran’s Oil
The long-term strategy of India is to purchase Iran’s oil, as large refineries in the South Asian country have been built in accordance with the Iranian oil’s quality.
Iran Calls Report on US Capturing Iranian Tankers, a Lie
Iran’s Ambassador to Venezuela Hojjat Soltani rejected as “lie” a media report that the US has seized four Iranian tankers transporting fuel to Venezuela.
Handing Over Islands to China, Pure Lie: Iranian MP
Reports claiming that the Islamic Republic plans of handing over some Iranian islands to China as part of a 25-year agreement between the two nations are “sheer lie”, an Iranian MP said.
Sponge Iron Output Rises 11% in 4 Months
The output of sponge iron and crude steel production increased by 11 percent and eight percent respectively during the first four months of the current Iranian year.