China Ramps Up Oil Imports From Iran
China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.
Enemies failed to cut off Iran’s oil exports
Iranian Minister of Oil Bijan Namdar Zanganeh said that enemies failed in cutting off Iran’s oil sales.
Iran’s petchem industry needs $40bn for significant growth
Deputy Minister of Oil for Petrochemical Affairs Behzad Mohammadi said that Iran’s petrochemical industry needs $40 billion for materializing most of its objectives in relevant fields.
EU’s $15bn credit line has nothing do to with sanctions relief, says Zanganeh
Iranian oil minister Bijan Zanganeh said Sat. the France-proposed $15 billion credit line for Iran has nothing to do with the easing of US sanctions on the country.
Iran’s non-oil exports hits $3.2bn in last month
Economic studies of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) showed that country’s export of non-oil commodities in the last month of the current Iranian calendar year (July 21 – August 21) hit $3.2 billion, registering a 3.2 percent hike as compared to a month earlier.
Iran to fully implement JCPOA only if its demands are met: Araghchi
Iran’s Deputy Foreign Minister Abbas Araghchi said that Tehran’s return to full implementation of 2015 nuclear deal is conditioned on the country's legal demands, such as selling its oil, fully met.
Petchem exports exceeded $11bn in 2018, says oil min. Zanganeh
Iran’s export of petrochemical products exceeded $11 billion last year, according to Minister of Petroleum Bijan Zanganeh speaking at a Parliament session on Sunday.
Indonesia interested in exchanging information, defense equipment with Iran
Indonesian Ambassador Octavino Alimudin in an exclusive interview with Mehr News Agency said Indonesia is interested in exchanging information and defense equipment with Iran to fight terrorism.
NIOC to offer heavy crude at IRENEX on Aug. 27
The National Iranian Oil Company (NIOC) is planning to offer 2 million barrels of heavy crude oil on the international floor of the Iran Energy Exchange (IRENEX) on August 27 for the second consecutive week.
2mn barrels of light crude at today’s energy exchange
National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX).