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Iran to Sue U.S. Over Economic Sanctions 19 Mar 2019

Iran to Sue U.S. Over Economic Sanctions

TEHRAN - President Hassan Rouhani described U.S. sanctions as ‘crime against humanity’ and called on the Judiciary Branch of the country to take legal action against U.S. officials for imposing medicine and food sanctions against the Iranian nation.

Road min. inaugurates 50,000-ton container dock on Negin Island 18 Mar 2019

Road min. inaugurates 50,000-ton container dock on Negin Island

Iran’s Roads and Urban Development Minister Mohammad Eslami inaugurated the 50,000-ton container dock on Negin Island in the southern province of Bushehr on Sunday.

U.S. to blame for tensions in oil market: Zanganeh 18 Mar 2019

U.S. to blame for tensions in oil market: Zanganeh

Iranian Oil Minister Bijan Namdar Zanganeh has blamed U.S. for the tensions created in the oil market, Shana reported on Saturday.

President Inaugurates Four New Phases of South Pars Gas Field 18 Mar 2019

President Inaugurates Four New Phases of South Pars Gas Field

TEHRAN - President Hassan Rouhani on Sunday officially launched four new phases of South Pars, the world’s largest gas field located in the Persian Gulf in southern Iran.

Iran launches South Pars Phases 13, 22-24 Refinery 17 Mar 2019

Iran launches South Pars Phases 13, 22-24 Refinery

Iranian President Hassan Rouhani inaugurated the onshore refining facilities of phases 13 and 22-24 of the supergiant South Pars gas field in Assaluyeh, southern Iran.

Iran’s 11-month steel output grows 17 Mar 2019

Iran’s 11-month steel output grows

Iranian steel mills produced 19.604 million tons of crude steel in the past 11 months of the current fiscal (through Feb 19), up 8% compared with last year’s corresponding period, according to the data released by Iran Steel Producers Association.

Iran to operate 27 South Pars phases by March 2020 17 Mar 2019

Iran to operate 27 South Pars phases by March 2020

Iranian Minister of Petroleum Bijan Zanganeh said the country would be recovering natural gas and crude oil from 27 phases of the massive South Pars gas field by late March 2020.

Iran’s STFI, proportionate to INSTEX, to be registered in near future 16 Mar 2019

Iran’s STFI, proportionate to INSTEX, to be registered in near future

Governor of the Central Bank of the Islamic Republic of Iran Abdolnaser Hemmati said late on Fri. that a mechanism proportionate to EU's INSTEX channel, known as Special Trade and Finance Institute (STFI), will soon be registered in Tehran.

Pars special zone’s gas condensate exports rise 16 Mar 2019

Pars special zone’s gas condensate exports rise

Pars Special Economic Energy Zone (PSEEZ) in southern Bushehr province exported over 1.43 million tons of gas condensate to global markets during the past Iranian month (Jan. 21- Feb. 19), a senior official said.

Exports from Ardabil up 141% in 11 months 16 Mar 2019

Exports from Ardabil up 141% in 11 months

Over 91$ million worth of non-oil commodities were exported from the northwestern Ardabil province during the past 11 months of the current Iranian year (March 21- Feb 19), a senior official said on Saturday.