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IRENEX to hold 8th round of crude oil offering today 09 Apr 2019

IRENEX to hold 8th round of crude oil offering today

National Iranian Oil Company (NIOC) will offer one million barrels of crude oil at the base price of $63.36 at Iran Energy Exchange (IRENEX) for the eighth time today, ISNA reported.

€8bn Iran-Iraq trade transactions to double: fin. min. 08 Apr 2019

€8bn Iran-Iraq trade transactions to double: fin. min.

In his meeting with Iraqi Finance Minister Fuad Mohammed Hussein in Tehran, Iran’s Minister of Economic Affairs and Finance Farhad Dejpasand put the volume of mutual trade transactions at €8 billion adding that the figure is to be doubled due the prepared plans.

Oil min. says export of petchems, petroleum products ‘satisfactory’ 08 Apr 2019

Oil min. says export of petchems, petroleum products ‘satisfactory’

Iranian Oil Minister Bijan Zanganeh has described the current state of Iran’s export of petrochemicals and petroleum products as satisfactory.

Iranian airline launches Tehran-Caracas direct route 08 Apr 2019

Iranian airline launches Tehran-Caracas direct route

Mahan Air, Iran's second-largest carrier after Iran Air, has officially launched its direct flights between Tehran and the Venezuelan capital Caracas, a senior official said.

Iraqi oil minister calls for enhanced energy coop. with Iran 08 Apr 2019

Iraqi oil minister calls for enhanced energy coop. with Iran

Visiting Iraqi Oil Minister Thamer al-Ghadhban expressed optimism for furthering cooperation between Iran and Iraq for the benefit of the two countries’ nations.

Iraq clears 90% of electricity dues: minister 07 Apr 2019

Iraq clears 90% of electricity dues: minister

Iranian Minister of Energy Reza Ardakanian announced on Sunday that Iraq has cleared 90 percent of its electricity dues to Iran.

Supporting “domestic production”, main priority of banking system in current year 07 Apr 2019
CBI governor:

Supporting “domestic production”, main priority of banking system in current year

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that backing domestic production is the main priority of the Central Bank of Iran (CBI) in the current year (started Mar. 21, 2019).

Iran, Iraq weighing development of two joint oilfields: Zanganeh 07 Apr 2019

Iran, Iraq weighing development of two joint oilfields: Zanganeh

Oil Minister Bijan Namdar Zanganeh announced Iran and Iraq have reached an understanding for the development of two joint oilfields, namely Naft Shahr and Khorramshahr.

Phase 1 of Tehran Metro Line 6 inaugurated in Rouhani’s presence 07 Apr 2019

Phase 1 of Tehran Metro Line 6 inaugurated in Rouhani’s presence

The first pre-phase of Tehran Metro Line 6, considered as one of the longest subway routes in the region, was inaugurated on Sun. in the presence of President Hassan Rouhani and a number of City Council members.

Iran central bank chief to visit Iraq in near future 06 Apr 2019

Iran central bank chief to visit Iraq in near future

The governor of the Central Bank of Iran (CBI) will visit Iraq in the near future to complete and pave the way for the implementation of bilateral financial and banking agreements.