All Indicators Point to Movement Toward Economic Growth
President Ebrahim Raisi lauded the country’s remarkable achievements in industrial fields, saying all indicators point to Iran’s movement toward economic growth and progress.
South Pars Phase 11 Platform Installed
The platform of Iran’s South Pars (SP) Phase 11 was installed in the Persian Gulf on Wednesday.
Revival of Oil Production Capacity by 1.5m Barrels in Only 6 Months
Head of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr says with reimposition of sanctions and halt in the JCPOA during the previous government and lack of timely repair of oil installations, the oil production capacity of the country declined by over one million barrels but in the beginning of the 13th government and only with $500m, they could restore and revive the lost capacity in just 6 months.
Iran’s Barter With Sri Lanka Not Limited to Only Tea
Executive Manager of Iran’s Tea Factories Syndicate says the trade barter with Sri Lanka is not limited only to tea and Sri Lanka will barter 4 to 8 more products for repaying its oil debts.
Iranian Automaker Expanding Its Exporting Markets
Kerman Motor Company (KMC), a distinguished Iranian powerhouse in the private automotive manufacturing sector, has achieved a groundbreaking milestone by successfully exporting its exceptional fleet of domestically produced vehicles. The heralded entry of the illustrious J4 sedan into the burgeoning Iraqi market signals KMC's inaugural triumph in delivering its automotive prowess to the heart of Baghdad.
Turkey Wants to Extend Contract for Iran Gas
Director of the Iran National Gas Company (NIGC) Majid Changi says Turkey wants to extend its contract for importing gas from Iran and there is still time for talks.
Iran Oil Exports on Rise Despite Sanctions
Iran’s oil minister said that the country’s oil products and exports have climbed in spite of harsher sanctions.
Role of Mafia Blamed for Return of Iran Gasoline From Afghanistan
Head of Iranian Oil, Gas and Petrochemical Products Exporters' Union blames the role of mafia groups in return of Iran’s oil products from Afghanistan and reiterated that Iran’s oil products are all standard.
Iran Inked Very Good Oil Deals With Latin American States
Oil Minister Javad Owji has expressed satisfaction over Tehran's recent signing of “very good” agreements in the upstream and downstream sectors of the oil industry with the three Latin American nations of Venezuela, Cuba, and Nicaragua.
Resolving Banking Issues a Prerequisite for Expanding Tehran-Dhaka Ties
The newly elected Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Hossein Selahvarzi met with the Ambassador of Bangladesh in Tehran Manjurul Karim Khan Chowdhury on Tuesday to discuss ways of expanding trade ties between the two countries.