Fuji Oil has loaded Iranian crude oil, the first cargo being lifted by the Japanese refiner since the country won a 180-day waiver from the US to import oil from Iran, a report said. The resumption of oil imports comes after Tokyo was granted a waiver from US sanctions that went into effect in November, […]

Head of Central Insurance of Iran (CII) Gholamreza Soleymani said that foreign companies have expressed their readiness to do reinsurance operations in Iran’s insurance industry. He made the above remark at 5th Insurance and Risk Management Conference this morning Jan. 20 and said, “relationship of insurance companies with the risk management is of the important […]

Gas produced in platform 13B of Iran’s South Par gas field was injected to the offshore refinery of phase 13 of the gas field development, Payam Motamed, the operator of this phase, announced. He said the gas received from this platform was injected to the fourth train of sweetening refinery of phase 13 on Thursday, […]

Head of Administrative Development and Renovation Center of the Ministry of Industry, Mine and Trade Jahanbakhsh Sanjabi Shirazi said that 576 industrial, mineral and trade projects, costing totally 686,000 billion rials, would be put into operation concurrent with the 40th glorious victory anniversary of the Islamic Revolution (Ten-Day Dawn ceremonies). Of total projects, 19 of […]

 Deputy Energy Minister Mohammad Sadeghzadeh said 3000 new small-scale solar plants are going to be constructed in the country’s underprivileged and rural areas by the end of the current Iranian calendar year (March 20, 2019), IRNA reported. Sadeghzadeh, who is the Head of Renewable Energy and Energy Efficiency Organization (SATBA) noted that 2000 small-scale solar […]

 Iran produced 27,031 million tons of iron ore during the nine-month period ended on December 21, 2018, IRNA reported citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). IMIDRO data also put the amount of raw iron ore extracted during the mentioned time at 48,759 million tons. Furthermore, the […]

Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €6.276 billion of foreign currency for imports of goods and services since early August, IRIB reported on Thursday. The system has earned €7.141 billion of foreign currency from exports during the mentioned time span. NIMA, which seeks to boost transparency, create competitiveness among […]

Over 1.4 million container goods were loaded and unloaded in Shahid Rajaei Port, southern Hormozgan Province, during the past nine months of the current fiscal year (March-December 2018), a senior official at Ports and Maritime Organization said. Director General of Hormozgan Ports and Maritime Organization, Allah-Morad Afifipour, put the container throughput in Shahid Rajaei at […]

 An official at the Trade Promotion Organization of Iran has called on Europe to cut down to zero the tariffs imposed on the import of Iranian goods, saying the move would send a message that Europe is serious about expanding trade with Iran. The acting head of the Trade Promotion Organization of Iran (TPO) Mohammadreza […]

Minister of Industry, Mine and Trade Reza Rahmani said that role of Iranian ‘rial’ would be strengthened in financial exchanges with many countries in the world and this issue is of the main macro policies of the government that should be taken into serious consideration. He made the above remark late on Monday among industrialists […]