ranian President Hassan Rouhani highlighted the stable economic conditions in the country. saying economic indicators reflect the fact that Iran has successfully overcome the sanctions.

The IAEA Director General Rafael Grossi assured that cooperation of the international body with Iran will be continued.

A Memorandum of Understanding (MoU) was inked in Islamabad between Islamic Republic of Iran Customs Administration (IRICA) and Pakistan Customs on the electronic exchange of customs information.

The National Iranian Oil Refining and Distribution Company (NIORDC) and Iranian Mines &. Mining Industries Development &. Renovation. known as IMIDRO. have signed an agreement for production of sponge and needle coke in Bandar Abbas.

Iranian Minister of Petroleum Bijan Zangeneh said Bandar Abbas and Imam Khomeini refineries were to produce 700.000 tons per year of sponge and needle cokes in Iran.

A contract was signed between Petrochemical Research and Technology Company (PRTC) and Tabriz Petrochemical Company for building Iran’s first heavy polyethylene plant.

Iraq’s proven oil reserves stand at over 145 billion barrels. while gas reserves exceed 3.7 trillion cubic meters.

The plant had done great in the month of Dey (which begins on December 22 to January 20) and its sales had exceeded the plant’s output.

His company had planned to launch a project which would enhance its chlorine output breaking the country’s production record of the item.

Oil is off more than 20% from peaks struck in January after a spreading virus hit demand in the world’s largest oil importer and fueled concerns of excess supplies.