Afghanistan’s Farahi border with Iran to be reopened soon
Spokesman for the governor of Farah province Nasser Mehri on Wed. revealed the reopening of Farahi border with the Islamic Republic of Iran soon. Afghanistan’s Abu Nasr Farahi border in Farah province will be reopened in coming days. It is for about one month that Abu Nasr Farahi border in Afghanistan has been blocked at […]
Petchem exports hit $9.7bn in 10 months
Statistics of the National Petrochemical Company (NPC) showed that more than 17 million tons of petrochemicals, valued at over $9.739 billion, were exported from the country in 10 months of the current Iranian year (March 21 – Jan. 21). Production volume of petrochemical complexes from March 21, 2018 to Jan. 21, 2019 hit 44.8 million […]
5th round of oil sale on IRENEX due on Feb. 18
The National Iranian Oil Company (NIOC) has announced the fifth round of oil sale on Iran Energy Exchange (IRENEX) will be launched on February 18. According to a notice published on Wednesday, the fifth round of crude sale will be conducted with terms and conditions similar to that of the previous round. NIOC will offer […]
Petchem exports hit $9.7bn in 10 months
Statistics of the National Petrochemical Company (NPC) showed that more than 17 million tons of petrochemicals, valued at over $9.739 billion, were exported from the country in 10 months of the current Iranian year (March 21 – Jan. 21). Production volume of petrochemical complexes from March 21, 2018 to Jan. 21, 2019 hit 44.8 million […]
CBI governor defends joining FATF, warns of consequences otherwise
Governor of the Central Bank of Iran, Abdolnaser Hemmati, said Wednesday that joining the Financial Action Task Force (FATF) would be beneficial to Iran. Speaking to reporters on the sidelines of a cabinet meeting on Wednesday, Governor of the Central Bank of Iran, Abdolnaser Hemmati, said “joining the FATF will benefit us. All other countries […]
5th round of oil sale on IRENEX due on Feb. 18
The National Iranian Oil Company (NIOC) has announced the fifth round of oil sale on Iran Energy Exchange (IRENEX) will be launched on February 18. According to a notice published on Wednesday, the fifth round of crude sale will be conducted with terms and conditions similar to that of the previous round. NIOC will offer […]
IKCO to offer Dena models in Ukraine through Azerbaijan operations
Iran’s largest car manufacturer Iran Khodro Company (IKCO) is planning to offer its Dena model, co-produced by Azerbaijan, in the Ukrainian market, a senior official at the company said. Head of IKCO operations in Asia, Europe, America and Commonwealth of Independent States, Sabina Nobari, said the company is set to export its Dena vehicles to […]
NIORDC to launch integrated distribution management system for oil products
The National Iranian Oil Products Refining and Distribution Company (NIORDC) is planning to launch an integrated system for distribution management of petroleum products. Speaking to Shana, Shahram Rezaie, the director of planning at NIORDC, said the system was one of the company’s megaprojects which would come on-stream within the next two years. He said nearly […]
41st Spring, Explosion of Turnout
41st Spring, Explosion of Turnout By: Hamid Reza Naghashian All economic plots of enemies of the Islamic Revolution with February 11 massive rallies were thwarted. Although President Hassan Rouhani did not talk about economy in his speech during the rallies in Tehran, but he delivered a speech in the 41st spring of the Islamic Revolution […]
Truck traffic facilitated at Iran-Turkey border
Officials of Iran’s Bazargan Customs and Turkey’s Gürbulak Customs agreed to facilitate truck traffic across the border between the two countries, with over 450 trucks on a daily basis. For this purpose, a joint meeting was held at the venue of Bazargan Customs on Feb. 12 between officials of the two countries in the presence […]