TEHRAN – First Vice-President Es’haq Jahangiri announced on Saturday that Iran’s annual non-oil exports currently stand at $47 billion and the country is hopeful that the figure will hit $100 billion per annum in the future, Tasnim news agency reported. He made the remarks addressing the 21st ceremony on the National Exports Day at the […]

TEHRAN- “Iran’s National Development Fund (NDF) will allocate $2 billion to the exports sector,” Finance Minister Masoud Karbasian was quoted on Tuesday by the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) as saying. Karbasian made the remarks on the sidelines of the Government-Private Sector Negotiation Council’s meeting, where ICCIMA Head Gholam-Hossein […]

TEHRAN  – Iranian exports of ultra-light crude oil are set to fall to a five-month low in October due to maintenance at the giant South Pars natural gas field, a source said. The source with knowledge of Iran’s preliminary tanker schedule said on Friday that the National Iranian Oil Co (NIOC) has informed buyers in […]

TEHRAN – Iran plans to reduce gas exports to Asia due to some maintenance in its giant South Pars gas field, Reuters reported on Tuesday quoting industry sources. According to the report, National Iranian Oil Company (NIOC) may cut exports by at least 1 million barrels in the mentioned month. The company typically exports about […]

TEHRAN  – Iran has recently begun exporting handicrafts to some western countries, including the United States and Britain, an official with the country’s Cultural Heritage, Handicrafts and Tourism Organization (ICHTO) announced on Saturday. Speaking to the Tasnim News Agency, the director-general of ICHTO’s Handicraft Exports Department, Pouya Mahmoudian, said the country has managed to “dramatically” […]

TEHRAN– Iran’s oil and condensate exports to Europe rose in August, with demand from Italy, France, the Netherlands and Greece all up, a report said. Iranian oil flows to Europe rebounded sharply last month, with 835,742 b/d sailing to the region, a rise of almost 200,000 b/d month on month, Platts reported. Turkey also remains […]

TEHRAN – An NPC official said Iran’s petrochemical industry experienced a 6% percent uplift in production over five months and a 12% rise in exports over four months since beginning of the current Iranian year (began March 21). Director of Production Control in Iran’s National Petrochemical Company (NPC) Alimohammad Bosaghzadeh pointed to five-month statistics for […]

TEHRAN- Iran’s crude oil exports reached 2.135 million barrels per day (bpd) in August, a 9.3 rise from its previous month, Oilprice.com reported citing energy data provider Kpler. According to the report, Iranian crude oil exports rose by 182,000 bpd in August from July. The increases came at a time when most of the OPEC […]