TEHRAN (Iran News) – Oil Minister Bijan Namdar Zanganeh said on Sunday that Iran is exporting oil products due to the development of its gas supply know-how and giant South Pars (SP) field. Iran has various gas resources and 95 percent of the population has direct access to the gas network, Zanganeh said, reported IRNA. […]

TEHRAN (Iran News) – Sale of petchems in Iran local bourse has exceeded $200 million in one week as the government keeps using the mechanism to bypass the American sanctions imposed on the oil and gas industry. The official IRNA agency said the value of trades involving sale of various petchems at local bourse, Iran […]

TEHRAN (Iran News) – Iranian Industry, Mining, and Trade Minister Reza Rahmani said that relying on domestic production has increased €412 million for the country savings over the past six months in which six desks have been held on the matter, IRNA reported. Speaking in a meeting of the ministry’s council of deputies on Saturday, […]

TEHRAN (Iran News) – It’s been more than a year since that new Shahid Beheshti Port in Chabahar has been open and transiting for goods trade between regional countries. Shahid Beheshti Port in Chabahar is open for regional trade. According to Iran’s Ports and Maritime Organization, India’s Ports Global Limited has officially taken over the […]

TEHRAN (Iran News) – Ugandan Parliament Speaker Rebecca Kadaga, in a meeting with Iran Ambassador to the African country Seyed Morteza Mortazavi, called for widening mutual cooperation in the agriculture sector and asked Tehran to help Kampala with manufacturing agricultural machinery such as tractors. In the meeting held in Kampala with Mortazavi, Kadaga said that […]

TEHRAN (Iran News) – President of the Islamic Republic of Iran Customs Administration (IRICA) Mehdi Mir-Ashrafi said that the country exported $28.2 million worth of products to Eurasian markets in the last month of the current year (from Oct. 21 to Nov. 22). He put the products imported from Eurasia into Iran in the same […]

TEHRAN (Iran News) – Malaysian Prime Minister Mahathir Mohamad says US sanctions imposed on Iran violate the United Nations Charter and international law and resulted in losing one Malaysia big market in the region.  Malaysia has lost a big market as a result of the bans on the Islamic Republic, Mahathir added in his remarks […]

TEHRAN (Iran News) – A key petrochemical company in Iran significantly increased its production of polyethylene terephthalate, or PET plastic, allowing the country to resume export of a product which has a high demand in bottling and textile industries. Reza Qassemi Shahri, who serves as the CEO of Shahid Tondgooyan Petrochemical Company (STPC), said that […]

TEHRAN (Iran News) – The United States has unveiled new illegal sanctions this time targeting an Iranian airline and the country’s shipping industry. The Trump administration announced Wednesday that it was targeting new sanctions on Mahan Air and Iran’s shipping industry over baseless allegations that Iran supports “terrorists” in Yemen, under aggression from Saudi Arabia. […]

TEHRAN (Iran News) – Tajikistan’s Finance Minister Qahhorzoda Faiziddin Sattor in a meeting with Tehran Ambassador to Dushanbe Taqi Saberi called for the development of mutual cooperation and economic relations. “Given the technical and export capacities of companies in Tehran and Iran in many areas, Dushanbe is ready to participate in the construction of joint […]