MPs prepare double-urgency bill to ban rise in energy carriers prices
Iranian Parliament members have prepared a double-urgency bill to ban government from augmenting the prices of energy carriers, an MP announced on Wednesday.
NIDC to expand drilling operations in South Azadegan Oilfield
The National Iranian Drilling Company (NIDC), will complete the projects on drilling 23 wells in the giant South Azadegan Oilfield near the Iraqi border by the end of the current calendar year (March 20, 2020).
Iran-Hong Kong annual trade at $344m
The trade of non-oil goods between Iran and Hong Kong reached 94,242 tons worth $344.08 million during the last fiscal year (ended March 20), according to the data released by the Islamic Republic of Iran Customs Administration.
Semi-finished steel exports hit 4.9m tons in 2018-19 fiscal
Iran’s semi-finished steel exports during past fiscal year (ended on March 20) stood at 4.899 million tons, according to Iranian Steel Producers Association’s (ISPA) latest report.
Non-oil exports promotion, govt.’s top priority
First Vice President Es’hagh Jahangiri said that promotion of export of non-oil commodities is the main priority of the country.
Shipment of goods in Shahid Rajaee port hits approx. 5mn tons
The Director General of Hormozgan Ports and Maritime Organization (PMO) Allah Morad Afifipour put the goods forwarded in Shahid Rajaee Port at about five million tons in the first Iranian month of Farvardin (March 21 – April 21).
PGPIC to launch 7 projects by 2021
The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was planning to launch 7 petrochemical project by 2021.
US plans to announce new set of sanctions against Iran: reports
The Trump administration is reportedly expected to announce additional sanctions on Iran within the coming week, targeting new sections of the Iranian economy.
US new sanctions aim to threaten food security in Iran
Iranian deputy minister of agriculture said the main goal of the Trump administration for imposing the recent sanctions on Tehran is to threaten food security and people’s livelihood in the country.
CBI to launch new mechanism next week to curb rising prices in foreign currency market
An official with central bank of Iran (CBI) says that the previously announced one single organized foreign currency market will be inaugurated as soon as next week.