An Adviser to the Trade Promotion Organization of Iran said that the Iran-Europe Business Forum will be held in mid-December to increase Iran's non-oil exports.
The group, also known as OPEC+, has been cutting production by about 7.7 million barrels per day, with a compliance rate seen at 101% in October, and had planned to increase output by 2 million bpd from January.
The first shipment of 60,500 tons of cement was exported to Kuwait from Iran's Parsian city.
Oil surged about 8% on Monday, its biggest daily gain in more five months, after Pfizer announced promising results for its COVID-19 vaccine.
Head of Iran’s Trade Promotion Organization says the trend of Iran’s non-oil exports in all categories enjoy positive trend and with easing the repatriation of forex resulted from exports to the national economic cycle, the current trend positive will continue.
Iranian President Hassan Rouhani expressed the country’s readiness to supply neighboring Afghanistan with natural gas and oil products.
Oil Minister said on Tuesday that the coronavirus pandemic has not stopped the production of the Iranian oil and gas even for a single day.
Oil Minister Bijan Zanganeh in a message in his twitter account announced that 25th International Oil, Gas, Refining, and Petrochemical Exhibition has been postponed due to the spike in the Coronavirus (COVID-19) virus.
The head of Khatam-al Anbiya Construction Headquarters said while Iran is under the most severe sanctions, it is getting ready to put the NGL project west of Karun in operation.
Spokesman of Iranian Oil, Gas and Petrochemical Products Exporters' Union (OPEX) Mr. Seyed Hamid Hosseini says Iraq central government has the refining capacity for 700,000 barrels of oil per day