Offshore Farzad B Gas Field to Be Developed
The National Iranian Oil Co. signed a $1.78 billion deal with a domestic company to develop the Farzad B gas field in the Persian Gulf.
Muslims Need to Unite Against Zionists’ Crimes
These days the world is watching the Zionists’ crimes which they kill innocent Palestinian civilians and children, and no major action by the world is taken to stop these atrocities but issuing some statement and contacts with the savage Israeli officials.
Iran Increasing Gas Production at Turkmenistan Border
Managing Director of Iran’s East oil and Gas Production Company (EOGC) has announced the production of 16 billion cubic meters (bcm) of natural gas - 43 million cubic meters per day (mcm/d) - in the previous Iranian calendar year (ended on March 20) in the Khangiran operational region and Shorijeh storing reserves (at areas bordering Turkmenistan).
Iran Launches ‘Simorgh’ Supercomputer, 2nd One in the Pipeline
Minister of Communications and Information Technology Mohammad Javad Azari Jahromi says the country will name its next homegrown supercomputer after Maryam Mirzakhani, the late Iranian math genius.
Exporters Do Not Happy With Devaluation of National Currency
Head of Iran's Export Confederation Mohammad Lahooti rejected some allegations that exporters support devaluation of the national currency against dollar because of their own profits.
Efforts Underway for Launching Iran-Singapore Trade Office
Head of the Iran-Singapore Joint Commercial Committee says in the past years the trade balance between Iran and Singapore has been mostly in favor of Singapore and in this period, Iran’s exports to Singapore have been limited to the limited amount of the non-oil items of dried-fruits, pistachio, dates and fig.
Iran, Armenia Trade Volume to Hit Over $1b
Chairman of Iran-Armenia joint chamber of commerce Hervik Yarijanian said that once free trade zones are established at joint borders, the volume of mutual trade will reach over $1b.
Raeisi Registers to Run for President as Independent
Seyed Ebrahim Raeisi, who heads Iran’s Judiciary, has registered to officially run in the June 18 presidential election, shortly after announcing his candidacy as an “independent.”
NPC’s plan for diversifying petchem products underway
Managing director of National Petrochemical Company (NPC) said the company is seriously pursuing a plan for diversifying the product basket of the country’s petrochemical industry by implementing new projects in the downstream sector.
Iran to invest $5.3b in Afghanistan’s transport, infrastructure projects
Iran has reached a primary agreement with Afghanistan to invest $5.3 billion in the country’s transportation and infrastructure projects, an official with the Iranian Transport and Urban Development Ministry announced.