Wednesday, 17 September , 2025
  • Tripartite Trade Alliance Proposed Between Tehran, Almaty, and Khorgos 17 Sep 2025

    Tripartite Trade Alliance Proposed Between Tehran, Almaty, and Khorgos

    TEHRAN - The head of Kazakhstan’s Association of Free Economic Zones, in a meeting with a Tehran Chamber of Commerce delegation led by its president, Mahmoud Najafi Arab, proposed establishing a commodity exchange mechanism linking Tehran, Almaty, and Khorgos, China. Under this arrangement, all three parties would be able to supply their goods to the market and meet their respective needs.

Iran set to boost non-oil exports to 15 neighbor countries: industry min. 09 Jun 2019

Iran set to boost non-oil exports to 15 neighbor countries: industry min.

"The government will do its best to witness a real jump in exports of non-oil goods to our 15 neighbor countries," Iranian Industry Minister Reza Rahmani said on Saturday.

US knows Iran’s petchem industry can’t be put under sanctions 09 Jun 2019

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. 08 Jun 2019

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. 08 Jun 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 08 Jun 2019
:Oil Min. Zanganeh

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 08 Jun 2019

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 08 Jun 2019

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 08 Jun 2019

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 08 Jun 2019

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 03 Jun 2019

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.