Iran’s 11-month steel output grows
Iranian steel mills produced 19.604 million tons of crude steel in the past 11 months of the current fiscal (through Feb 19), up 8% compared with last year’s corresponding period, according to the data released by Iran Steel Producers Association.
Iran to operate 27 South Pars phases by March 2020
Iranian Minister of Petroleum Bijan Zanganeh said the country would be recovering natural gas and crude oil from 27 phases of the massive South Pars gas field by late March 2020.
Iran’s STFI, proportionate to INSTEX, to be registered in near future
Governor of the Central Bank of the Islamic Republic of Iran Abdolnaser Hemmati said late on Fri. that a mechanism proportionate to EU's INSTEX channel, known as Special Trade and Finance Institute (STFI), will soon be registered in Tehran.
Pars special zone’s gas condensate exports rise
Pars Special Economic Energy Zone (PSEEZ) in southern Bushehr province exported over 1.43 million tons of gas condensate to global markets during the past Iranian month (Jan. 21- Feb. 19), a senior official said.
Exports from Ardabil up 141% in 11 months
Over 91$ million worth of non-oil commodities were exported from the northwestern Ardabil province during the past 11 months of the current Iranian year (March 21- Feb 19), a senior official said on Saturday.
Iran, Azerbaijan mull construction of bridge over Astarachay River
Iran and Azerbaijan are discussing an agreement on the construction of a road bridge and a pedestrian crossing over the Astarachay River, along their border, Azerbaijan’s Economy Minister Shahin Mustafayev said on Friday.
Iran, Azerbaijan ink three coop. agreements
At the end of Iran-Azerbaijan 13th joint economic cooperation commission, three cooperation agreements were signed between the two sides in Azeri capital Baku on Fri.
Iran, Iraq to Meet $20 Billion Trade Target in 2 Years
Iran’s Minister of Industry, Mine and Trade Reza Rahmani said Tehran and Baghdad have agreed to reach the target of raising the value of annual trade exchange to $20 billion within the next two years.
Top Banker Announces Evolution of Iran’s Foreign Trade Policy
Governor of the Central Bank of Iran highlighted a major change in the country’s export items and destinations, saying Iran is practically beating the US sanctions.
‘Refinery of South Pars phase 13 ready for official inauguration’
The refinery of South Pars gas field’s phase 13 of development is ready for the official inauguration, the operator of phase 13 stressed.