IRENEX to hold 10th round of oil offering based on new guidelines
National Iranian Oil Company (NIOC) is going to set new guidelines for holding the 10th round of crude oil offering at Iran Energy Exchange (IRENEX), IRNA reported.
IRENEX to offer light crude at $67.28
The representative of Iran’s National Iranian Oil Company (NIOC) announced on Saturday that light crude oil is to be offered at Iran Energy Exchange (IRENEX) at the base price of $67.28 in the next round of oil auction.
Big thermal power plant planned in Tehran province
Plans are on the agenda to build a 1,000-megawatt thermal power plant in Pishva Country, southern Tehran, in a bid to meet the increasing demand for electricity in the sprawling capital.
‘Exporters re-inject 60% of their foreign currency earnings into economy’
The governor of the Central Bank of Iran (CBI) said so far the country’s exporters have re-injected 60 percent of their total exports revenues in the form of foreign currency into the country’s financial system, IRNA reported on Friday.
Iran delivers 130,000t of fuel oil to China
A tanker carrying Iranian fuel oil unloaded the nearly 130,000-ton cargo into storage tanks near the Chinese city of Zhoushan, Reuters reported on Thursday citing ship tracking data on Refinitiv Eikon.
Tehran, Damascus discuss expansion of economic ties
Hassan Danaeifar, the advisor to Iran’s first vice president and also the chairman of the Iranian committee on development of economic relations with Syria and Iraq, and Atef Nadaf, the Syrian minister of interior trade and consumer protection, met in Damascus to explore the ways for expanding and strengthening economic ties between Iran and Syria.
Exports capacity at $700mn for home appliances this year: Official
"Iran has the capacity to export $700 million of home appliance by the current Iranian calendar year 1398 (March 20, 2020)," director general of Metal Products and Home Appliances Department of Industry Ministry announced on Wednesday.
Tehran handicrafts exports exceed $84 million
A total of $84.12 million worth of handicrafts were exported from Tehran province during the last fiscal year (ended on March 20), a deputy at Tehran’s Cultural Heritage, Handicraft and Tourism Directorate said.
Lengeh Port throughput hikes
During the first month of the current Iranian year (March 21- April 20), Iran's Lengeh Port and its subsidiaries in the western part of Hormozgan province handled a total of 1.268 million tons of oil and non-oil products, showing a 71% increase compared to the same period last year.
Plans under way to complete petchem value chain in Asaluyeh
An official with the National Petrochemical Company (NPC) said the company viewed completion of the value chain in Asaluyeh, south Iran, as a strategy.