China’s Iranian oil imports hit 10-year record high: report
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.
Iran extends gas-for-electricity swap deal with Armenia
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.
Natural gas storage capacity to rise to 100mcm by March 2027
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.
‘Lack of knowledge about capacities, a main obstacle to Iran-Guinea trade’
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.
MAPNA investing €6.5b in power projects overseas
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.
Iran’s LPG export capacity rises
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.
49 service vessels worth €134m being built relying on domestic capabilities
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.
Iran to hold pavilion at IFTECH Pakistan 2023
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.
Transit of goods via Iran rises 33% in 4 months on year
Transit of commodities through Iran increased by 33 percent during the first four months of the current Iranian calendar year (March 21-July 22), the Ministry of Transport and Urban Development announced.
Iran, Vietnam discuss ways to expand trade ties in a business forum
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted an Iran-Vietnam business forum on Wednesday, during which officials and business representatives of the two sides exchanged views on ways of expanding trade ties.