Energy Economy

The €2.8bn LG Chem facility in Wrocław is expected to have a total production capacity of around 65GWh to 70GWh a year by 2022.

it will establish a corporate domicile in the U.S. early next year. pending various approvals. and rebrand under the name Ovintiv Inc.

The top banker of the country added that the US failed to reach its ultimate goal. which was bringing Iran to its knees.

Tehran Stock Exchange and its Shanghai counterpart concluded an agreement to increase bilateral cooperation in different areas of the capital market.

Officials of the Islamic Republic of Iran and Iraq’s Kurdistan Regional Government (KRG) discussed broadening bilateral economic cooperation.

Iran and Armenia have been cooperating for years in gas and electricity swap.

Iran is interested in importing some of the goods it needs from Uzbekistan.

According to the Public Relations Dept. of IME. 4.400 tons of iron beam. 6.600 tons of rebar. 1.500 tons of aluminum ingot and 50 tons of copper ingot will be offered at the floor of industrial and mineral products.

although the Minister of Industry had predicted that country’s steel exports volume will hit 10 million tons by year end. statistics show that more than six million tons of steel has been exported in the first half of the current year.

Iran-Kyrgyzstan have good relations and that the cultural and historical commonalities of the two countries can pave the grounds for deepening of such cooperation.