Export of gas from Khorasan Razavi province surged in the past two months of the current Iranian calendar year (from March 21 to May 22). Manager of Khorasan Razavi Province Oil Products Distribution Company Ali Asghar Asghari made the above remarks and said, “in the past two months, the rials value of export of gas […]

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has sent a letter to OPEC President Suhail Mohammed Al Marzouei calling for the organization’s support for members targeted by sanctions, Shana reported on Thursday. In the letter, Zanganeh asked Mazrouei to include a separate agenda item for the June OPEC meeting entitled “OPEC Ministerial Conference support […]

Director General of Food and Drug Administration (FDA) Dr. Akbar Barandegi revealed the considerable twofold growth of country’s pharmaceutical exports in the past Iranian calendar year (ended March 20, 2018). Turning to the provisions of 6th Five-Year Socioeconomic and Cultural Development Plan and in order to promote nonoil export and in line with the government’s […]

TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) met with the Serbian ambassador to Tehran on Tuesday to discuss expansion of economic ties. In the meeting, ICCIMA’s head Gholam-Hossein Shafeie mentioned Serbia’s significant economic growth in recent years, noting that mutual economic cooperation with Serbia is among Iran’s top priorities. […]

TEHRAN – Iran and Finland are going to sign a comprehensive agricultural cooperation agreement in the near future, IRIB reported on Tuesday. The decision was announced during a meeting between the Finnish ambassador in Tehran Keijo Norvanto and the Iranian deputy agriculture minister Houman Fathi. The two sides agreed to cooperate in various areas, including […]

TEHRAN – Knowledge economy, which has taken shape in Iran since 2011, is considered as an engine for economic development, the deputy science minister has said. Masoud Boroumand made the remarks during a ceremony held at the Gilan Science and Technology Park (GSTP) in the northern city of Rasht on Monday, IRNA reported. Technology and […]

Iranian Oil Minister Bijan Namdar Zanganeh said French energy giant Total has a time limit of 60 days to negotiate with the US about its major deal on the development of Iran’s South Pars gas field. Zanganeh said Total and the French government can hold talks with the US in the next two months to […]

TEHRAN- Iran’s Privatization Organization (IPO) published the list of the enterprises that their shares are planned to be transferred to the private sector by the end of current Iranian calendar year (March 20, 2019), Tasnim news agency reported. The list was approved by the Divestiture Board of the IPO on May 6. IPO has transferred […]

TEHRAN – Islamic Republic of Iran Railways (IRIR) scrapped 615 worn-out passenger wagons last year, IRNA reported on Monday quoting an IRIR official. According to Mojtaba Tafaghodi, IRIR’s deputy director for fleet affairs, by doing so the average age of the IRIR’ fleet of passenger wagons fell by about 10 years, and according to plans, […]

In a new directive issued by the Oil Ministry, bitumen will be exported to other countries as of the beginning of Iranian month of Tir (June 22). After receiving government’s approval in the past month in the field of export of any bitumen (except mineral and export bitumen), the Oil Ministry put compilation of mechanisms […]