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Iran to launch integrated foreign exchange market next week 11 May 2019

Iran to launch integrated foreign exchange market next week

The Central Bank of Iran will launch its newly-devised integrated foreign exchange market next week to define the real rate of the US dollar.

Even massive inspections not to prevent the sale of Iran’s oil: Energy expert 11 May 2019

Even massive inspections not to prevent the sale of Iran’s oil: Energy expert

Visiting Research Scholar in the CESP Omid Shokri believes that even with massive inspections the US will not be able to drive Iran’s oil export to zero.

Ruptured oil pipeline in SW Iran resumes operation 11 May 2019

Ruptured oil pipeline in SW Iran resumes operation

The ruptured 42-inch pipeline that carried oil from Ahvaz to Omidiyeh in southwest Iran has resumed operation after the technicians implemented the safety measures on it.

OIC calls for Israel’s withdrawal from Golan Heights 11 May 2019

OIC calls for Israel’s withdrawal from Golan Heights

OIC calls for Israel’s withdrawal from Golan Heights

MPs prepare double-urgency bill to ban rise in energy carriers prices 08 May 2019

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 08 May 2019

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 07 May 2019

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 07 May 2019

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 06 May 2019

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 06 May 2019

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).