The head of the Islamic Republic of Iran Customs Administration (IRICA) said that in the first four months of the current Iranian calendar year (March 20-July 21) the country exported $17.5 billion non-oil goods, registering an 8.0 percent growth, year on year. Mohammad Rezvanifar put the total value of the …
Read More »Iran’s Non-Oil Exports Rise 40% in 3 Years to March
Iran’s exports of non-oil commodities have increased by 40 percent during three years to March 2024, according to the Islamic Republic of Iran Customs Administration (IRICA). According to the report, Iran’s non-oil trade surged from $74 billion in 2020 to $116 billion in 2023, marking a 57 percent increase. IRICA’s …
Read More »Iran Says Oil Exports Reach 15 Countries despite Sanctions
Iran’s oil minister, Javad Owji, said on Sunday the country is exporting crude oil to 15 nations, defying US sanctions aimed at curbing its nuclear program. Owji, in a post by the Ministry’s official account on X, said that Iran’s revenue from oil, gas and petrochemicals surged to $65 billion …
Read More »Iran Ready to Talk with Kuwait over Disputed Gas Field
Iran is ready to continue bilateral talks with Kuwait over the Arash (Durra) offshore gas field, according to Foreign Ministry Spokesman Nasser Kanani. “Iran has repeatedly declared, that the Islamic Republic is ready to continue bilateral negotiations with Kuwait in line with the results of the previous talks over exploiting …
Read More »Iran’s Non-Oil Exports Hit $36bln in 9 Months
Non-oil exports of the Islamic Republic of Iran exceeded $36 billion over the past 9 months of the Iranian calendar year, a senior Iranian trade official announced. The export director general of the Iranian customs organization, Ali Akbar Shamani, said on Tuesday the country’s non-oil exports have reached $36bln over …
Read More »Iran’s Annual Export to Pakistan Rises 13%
The value of Iran’s exports to Pakistan increased by 13 percent in 2023 as compared to 2023, according to the Pakistan Ministry of Commerce. The data released by the Pakistan Ministry of Commerce indicate that Iran exported non-oil commodities worth $944 million to its neighbor Pakistan in the past year, …
Read More »Iran Accounts for 12% of OPEC Oil Revenues in 9 Months: IEA
The International Energy Agency (IEA) has put Iran’s oil income in the first nine months of 2023 at about $34 billion, which was equivalent to 12 percent of OPEC’s total income in this period, Shana reported. Based on the IEA data, the total oil revenues of the 13 OPEC members …
Read More »Iran to Invest $275 bln for Developing Oil, Gas Fields by 2041
The manager of the National Iranian Oil Company (NIOC) for planning affairs said the country is going to invest about $275 billion by 2041 for the development of the oil and gas fields. Speaking at the First Conference of Managers of the National Iranian Oil Company, Ahmad Rajabi stated that …
Read More »Iran Ready to Export Oil Products, Techno-Engineering Services to Nicaragua
Iranian Oil Minister Javad Oji has expressed Iran’s readiness for exporting oil products and technical and engineering services to Nicaragua, Shana reported. The minister made the remarks in a meeting with visiting Nicaraguan Foreign Minister Denis Moncada on Monday, saying Iranian companies are prepared to help Nicaragua implement its refinery …
Read More »Iran Expands Production Capacity in South Azadegan Oil Field
On Saturday, Iran decided to add 60 new wells to boost production capacity in the South Azadegan oil field, Iran’s largest field, shared with its neighbor Iraq. The head of the National Iranian Oil Company (NIOC), Mohsen Khojasteh-Mehr, announced the news, adding that the southern Azadegan field’s production capacity has …
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