Friday, 21 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

Tehran, Doha to Ink New Contracts in Energy Sector: Official 21 Apr 2024

Tehran, Doha to Ink New Contracts in Energy Sector: Official

Iran and Qatar plan to clinch new contracts in the near future to boost bilateral ties in the energy sector, an official at Iran’s Ministry of Energy said.

Iran, Azerbaijan, Russia Electricity Grids to Be Connected 21 Apr 2024

Iran, Azerbaijan, Russia Electricity Grids to Be Connected

An electricity connection project between Iran, Russia and the Republic of Azerbaijan is at the final stage and will be implemented in the near future, an official at Iran’s Ministry of Energy said.

Iran’s Petchem Output Capacity to Exceed 100 mln Tons by March: NPC Chief 20 Apr 2024

Iran’s Petchem Output Capacity to Exceed 100 mln Tons by March: NPC Chief

Highlighting the development of Iran’s petrochemical industry, the chief executive of the National Petrochemical Company (NPC) said the production capacity of the industry will reach more than 100 million tons by the end of the current Iranian calendar year (March 20, 2025).

Iran-EU Trade Exceeds €380 Million in January 20 Apr 2024

Iran-EU Trade Exceeds €380 Million in January

The Statistical Office of the European Union (Eurostat) in its latest report put the total value of the trade exchanges between Iran and 27 European Union’s member states in January 2024 at over €380.

Over 2,000 Trade, Economic Firms to Partake in Iran Expo 2024 18 Apr 2024

Over 2,000 Trade, Economic Firms to Partake in Iran Expo 2024

Iran’s minister of industry, mine and trade said more than 2,000 trade and economic companies will participate in the 6th Export Potentials Exhibition of the Islamic Republic of Iran dubbed ‘Iran Expo 2024’.

Iran’s Crude Oil Output Hits 3.25 Million bpd in March 18 Apr 2024

Iran’s Crude Oil Output Hits 3.25 Million bpd in March

Iran produced 3.25 million barrels of oil per day (bpd) in March 2024, showing a hike compared to a month earlier, the US Energy Information Administration (EIA) announced in its latest report.

Iran Reports Growth in Exports to Russia, Belarus 16 Apr 2024

Iran Reports Growth in Exports to Russia, Belarus

An official at the Trade Promotion Organization of Iran (TPOI) said the country’s export of products to Russia and Belarus in the previous Iranian calendar year (ended March 19, 2024) registered a considerable growth in volume and value.

Iran’s Annual Aluminum Ingot Output Exceeds 635,000 Tons: IMIDRO 16 Apr 2024

Iran’s Annual Aluminum Ingot Output Exceeds 635,000 Tons: IMIDRO

Despite the energy restrictions, Iran’s production of aluminum ingot in the previous Iranian calendar year (March 21, 2023 to March 19, 2024) surpassed 635,000 tons, showing an about one percent rise compared to a year earlier.

Report: Iran ahead of other OPEC members in terms of rise in crude output in March 15 Apr 2024

Report: Iran ahead of other OPEC members in terms of rise in crude output in March

The Organization of Petroleum Exporting Countries (OPEC) says Iran took the lead among oil producers in March 2024 when it produced 3 million 188 thousand barrels per day (bpd) of crude, 28,000 bpd more that its output in February.

Iran’s Trade with 56 OIC Member States Hits $61 Billion: IRICA Chief 14 Apr 2024

Iran’s Trade with 56 OIC Member States Hits $61 Billion: IRICA Chief

The value of the trade exchanges between Iran and the other 56 member states of the Organization of Islamic Conference (OIC) reached $61 billion in the past Iranian calendar year (ended March 19, 2024), registering a 0.19 percent hike compared to a year earlier.