Iran’s oil exports continue to increase in August, surging above two million barrels per day (bpd) which is their highest since the beginning of the year, Bloomberg reported on Monday citing TankerTrackers data.

TEHRAN - Tourism Malaysia’s efforts to publicize its comprehensive promotional activities continue to the Middle Eastern region, Iran. The joint destination seminars are being held on August 20-22 in conjunction with Air Arabia flight operation to Malaysia since March 20, 2023 with daily flights from Sharjah to Tehran, Shiraz, Mashhad and 4 weekly flights to Lar in addition to 3 weekly flights from Abu Dhabi to Tehran.

China’s oil imports from Iran have been soaring in August so that the shipments are expected to reach 1.5 million barrels per day (bpd), the highest since 2013, Blomberg reported citing estimates from data intelligence firm Kpler.

The National Iranian Gas Company (NIGC) has renewed and revised a contract with Armenia to increase the volume of natural gas exports to the landlocked neighboring country until 2030, Shana reported.

The capacity of natural gas storage in Iran will rise to 100 million cubic meters (mcm) by the Iranian calendar year 1406 (March 2027), the managing director of Iranian Gas Engineering and Development Company (IGEDC) announced.

Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Hossein Selahvarzi has said that lack of mutual knowledge about the trade capacities of Iran and Guinea is a major obstacle in the way of expanding economic exchanges between the two countries.

As Iran’s largest contractor for steam, gas, and combined cycle and renewable power plants, MAPNA Group has expanded its overseas activities, investing €6.5 billion in various foreign countries, the company’s managing director said.

The managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) announced about the increasing capacity of Iran’s liquified petroleum gas (LPG) export.

The head of Iran’s Ports and Maritime Organization (PMO) announced that 49 service vessels worth €134 million are now being built in the country relying on domestic production.

The managing director of Iranian Advanced Industries Research and Development Support Fund (Saha) has said the country is going to hold a pavilion at Pakistan’s 18th International Exhibition of Food and Beverage Processing and Packaging Technologies (IFTECH Pakistan 2023) which is due to be held in Lahore during September 7-9, IRNA reported.