Thursday, 21 August , 2025
  • Tehran Chamber Warns of Widespread Stagflation 20 Aug 2025

    Tehran Chamber Warns of Widespread Stagflation

    TEHRAN - The 29th monthly session of the Tehran Chamber of Commerce’s 10th board convened with sharp warnings from private sector representatives and government officials over mounting economic challenges, from shortages in animal feed to rising energy costs, stagnant investment, and signs of deepening stagflation.

Order registration period extended 14 Jan 2019

Order registration period extended

 Iranian deputy industry minister informed of an agreement between his ministry and the Islamic Republic of Iran Customs Administration (IRICA) on extension of order registration period for importing goods from three months to six months, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.  The extension has been done due to […]

First platform of South Pars phases 22-24 starts operation 14 Jan 2019

First platform of South Pars phases 22-24 starts operation

 The first platform of phases 22-24 of South Pars gas field starts operation, Farhad Izadjou, the operator of these phases, announced. Izadjou put the daily gas production in this platform, which belongs to phase 22, at 14.2 million cubic meters (mcm), IRNA reported on Saturday. Phases 22-24 are expected to produce 56 million cubic meters […]

Kashan combined cycle power plant’s steam unit goes on stream 13 Jan 2019

Kashan combined cycle power plant’s steam unit goes on stream

Steam unit of Kashan Combined Cycle Power Plant became operational this morning Jan. 13 in the presence of First Vice President Es’hagh Jahangiri. In his visit to Kashan Combined Cycle Power Plant, Jahangiri visited various units of this giant project and was briefed on the construction operation trend and specifications of this project. Construction operation […]

Iran natural gas output at 800 mcm/d 13 Jan 2019

Iran natural gas output at 800 mcm/d

Iran’s natural gas output currently stands at 800 million cubic meters per day, a senior energy official said Saturday. The National Iranian Gas Company (NIGC) CEO Hassan Montazer Torbati added that 97% of the country’s urban population and 82% of the citizens in rural areas are now linked to the national gas distribution network which […]

Iran continues gas exports to Iraq, payments in euro 13 Jan 2019

Iran continues gas exports to Iraq, payments in euro

Managing Director of National Iranian Gas Company (NIGC) Hassan Montazer Torbati says despite the US sanctions, the gas exports to neighboring of Iraq and Turkey are continuing. The gas exports to neighboring of Iraq and Turkey are continuing despite the US pressures, Managing Director of National Iranian Gas Company (NIGC) Hassan Montazer Torbati said on Saturday. […]

1st South Pars phase 22-24 platform online 13 Jan 2019

1st South Pars phase 22-24 platform online

Production of rich gas has started from the first offshore platform of phase 22-24 of the supergiant South Pars gas field, the project manager said. According to Pars Oil and Gas Company (POGC), the platform is operational and can recover 14.2 million cubic meters per day of natural gas from the massive joint field in […]

Tehran to host doors, windows exhibition in late Jan. 13 Jan 2019

Tehran to host doors, windows exhibition in late Jan.

 The tenth edition of Iran’s Doors and Windows Technology International Exhibition (Do-WinTech 2019) is due to be held on January 23-26 in Tehran, IRIB reported. During the four-day event, over 350 domestic and foreign companies will gather at the Tehran International Permanent Fairgrounds to showcase their latest products and services. The exhibition will cover a […]

India to continue to import Iranian oil despite US sanctions 12 Jan 2019

India to continue to import Iranian oil despite US sanctions

In spite of US sanctions imposed on Iran, India will continue to import oil from Iran. “We have had several rounds of meeting with Iran and several other stakeholders. I can tell you that India continues to import oil from Iran. We have got a waiver in this regard and we will continue to be engaged with all the stakeholders as far as matters […]

‘S. Korea expected to restart Iran’s oil imports in late Jan. or early Feb.’ 12 Jan 2019

‘S. Korea expected to restart Iran’s oil imports in late Jan. or early Feb.’

 South Korea is expected to restart imports of Iranian crude oil in late January or early February, Reuters reported quoting the head of South Korea’s SK Innovation, which owns the country’s biggest oil refiner SK Energy, as saying on Wednesday. The U.S. launched new sanctions on Iran’s petroleum sector on November 4, but it has […]

Iran, Iraq stress expansion of energy ties 12 Jan 2019

Iran, Iraq stress expansion of energy ties

 Iranian Oil Minister Bijan Namdar Zanganeh and his Iraqi counterpart Thamir Ghadhban met on Thursday to discuss expansion of bilateral ties in energy sector. Heading a high-ranking delegation, Zanganeh was welcomed by Ghadhban in Baghdad, Shana reported. Speaking in a press conference after the meeting between the two countries’ officials, Iranian minister underlined the great […]