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economy Archives - Page 13 of 14 - Iran News Daily
Iran’s NIOC, Russia’s Rosneft Eye $30bln in Oil, Gas Projects 02 Nov 2017

Iran’s NIOC, Russia’s Rosneft Eye $30bln in Oil, Gas Projects

TEHRAN – The head of Russia’s state-controlled oil giant Rosneft said it has signed a road map with the National Iranian Oil Company (NIOC) to implement “strategic” projects in Iran, the head of Igor Sechin said on Wednesday that the deal paved the way for legally-binding documents to be signed within a year, according to […]

Iran’s 7-month non-oil trade up 6.2% yr/yr 01 Nov 2017

Iran’s 7-month non-oil trade up 6.2% yr/yr

TEHRAN- The value of Iran’s non-oil trade with foreign partners reached $52.527 billion during the first seven months of the current Iranian calendar year (March 21- October 22), up $3.59 billion or 6.2 percent from the same period last year, Tasnim reported on Tuesday. The country’s foreign trade stood at $49.468 billion during the last […]

Iran’s Crude Exports Set to Fall in Oct. to 16-Month Low 28 Oct 2017

Iran’s Crude Exports Set to Fall in Oct. to 16-Month Low

TEHRAN  – Iran’s total crude and condensate exports for October are expected to tumble by nearly a fifth from the previous month to a 19-month low, a source said. Crude and condensate exports for October will be 2.09 million bpd, the lowest since March 2016, down from 2.57 million bpd in September dented by production […]

China’s August imports of Iranian oil up 59% 26 Oct 2017

China’s August imports of Iranian oil up 59%

TEHRAN – China’s September oil imports from Iran increased 59 percent from the same month a year earlier, Reuters reported citing the country’s customs data. The country Shipped in about 784,060 barrels per day (bpd) or 3.22 million tons of Iranian crude in September, compared with 1.9 million tons in the same period in 2016. […]

Tehran hosting 4 international expos 26 Oct 2017

Tehran hosting 4 international expos

TEHRAN- The Iranian capital is simultaneously hosting four international exhibitions from October 25 to 28 at the Tehran Permanente International Fairground, IRIB news reported on Wednesday. The three international exhibitions include the 4th International Exhibition of Footwear, Bag, Leather and Related Industry, the 16th International Exhibition of Heating, Cooling, Ventilating, Air Conditioning and Refrigerating, and […]

Saffron exports up over 16% in 5 months 22 Oct 2017

Saffron exports up over 16% in 5 months

TEHRAN- The value of Iran’s saffron exports during the first five months of the current Iranian calendar year (March 21-August 22) rose 16.22 percent compared to the same period of time in the previous year, IRNA reported. As reported, some 68.640 tons of saffron worth $92.623 million was exported to 55 different countries during the […]

Iran Says Supports OPEC Output Cut Extension 18 Oct 2017

Iran Says Supports OPEC Output Cut Extension

TEHRAN – Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia said Iran is ready to back a deal to extend OPEC-led production cuts through the first quarter of 2018. “Yes, we will support (extending the deal),” Zamaninia was quoted by the Tass news agency as saying on Wednesday. OPEC clinched a historic deal […]

Total Says to Stay in Iran If US Imposes Unilateral Sanctions 18 Oct 2017

Total Says to Stay in Iran If US Imposes Unilateral Sanctions

TEHRAN– Total Chief Executive Officer Patrick Pouyanne said the French oil and gas major would push ahead with its Iran gas project if the United States decided to impose unilateral sanctions on Tehran. “If Iran is compliant, if the European Union and China and Russia continue to consider that the JCPOA (Joint Comprehensive Plan of […]

Austria to construct solar farms in Iran 17 Oct 2017

Austria to construct solar farms in Iran

TEHRAN- According to an agreement signed between Fars Province Investment Services Center, the Austrian Solar & Benefit Corporation will construct four solar farms in the southwest Iranian province of Fars. According to Deputy Head of Fars Province Investment Services Center Babak Daiee, the four solar farms which will built in the northern parts of Fars, […]

IRIB CEO visiting Syria 14 Oct 2017

IRIB CEO visiting Syria

TEHRAN – An Iranian delegation headed by Islamic Republic of Iran Broadcasting (IRIB) director Abdol-Ali Ali-Asgari arrived in Damascus, Syria on Friday to hold meetings with a number of cultural officials of the country. He visited Syria’s General Organization of Radio and TV on the first day of his trip and met with a number […]