US knows Iran’s petchem industry can’t be put under sanctions
Former Chief Executive of National Petrochemical Company (NPC) Abdolhossein Bayat said on Saturday that the United States is well aware of the fact that Iran’s petrochemical industry cannot be put under sanctions.
Annual tax revenues at $8.2bn: economy min.
According to Iranian Economy Minister Farhad Dejpasand up to 1.09 quadrillion rials (above $8.2 billion) of tax revenues were earned during the previous Iranian calendar year, 1397, (ended on March 20, 2019).
Iran has no plans to leave OPEC: Oil min.
Iranian Minister of Petroleum Bijan Zanganeh said the country has no plans to leave the Organization of the Petroleum Exporting Countries (OPEC).
All SP phases, except ph. 11, to come online by Mar. 2021
Iran’s Oil Minister Bijan Namdar Zanganeh announced on Saturday that by March 2021, all phases of the South Pars gas field, except phase 11, will come online.
US Imposes Sanctions on Iran’s Petrochemical Group
The United States hit Iran's petrochemical group PGPIC (Persian Gulf Chemical Industry Company) with economic sanctions.
IRENEX to offer light crude at $67.32 on Tuesday
The National Iranian Oil Company will offer two million barrels of light crude oil at the international ring of the energy exchange (IRENEX) on Tuesday (June 11) at the base price of $67.32 per barrel.
Astara customs office exports $63mn worth of non-oil products: Director general
The Director General of Astara Customs Office Rasoul Omidi said on Thursday that $63 million worth of non-oil commodities was exported from Astara Customs Office in the first two months of the current year (March 21 – May 21).
PGPIC reaction to US sanctions: We will continue with calm
CEO of the Persian Gulf Petrochemical Industries Company (PGPIC), in reaction to the recent US sanctions, said the group would continue with calm and according to its previous plans.
Iranian firm exports $1.5mn worth of nano socks to neighbors
An Iranian company alone has managed to export $1.5 million worth of nano socks to neighboring countries, such as Iraq, Afghanistan and Turkey.
Iran approves over $1.1bn FDI in mining, mineral sector last year
Statistics of the Ministry of Industry, Mine and Trade showed that more than $1.1 billion worth of Foreign Direct Investment (FDI) was approved in the mining and mineral sector of the country last year (ended March 20, 2019).