Energy Economy

The value of Iran’s export to Armenia increased 15 percent in the first half of the current Iranian calendar year (March 21-October 22), from the first half of the previous year, an official with Iran’s Trade Promotion Organization (TPO) announced. Rahmatollah Khormali, the director-general of the TPO’s office of Central …

Iran exported 3.36 million tons of agricultural and food products worth $1.85 billion in the first six months of the current fiscal year (March 21-Sept. 22), new data released by the Agriculture Ministry show. The figures indicate a decrease of 14.77% in tonnage and 20.33% in value compared with last …

Iran’s Oil Minister Javad Owji has said Russian investors have finalized a contract with Iran for developing seven oil and gas fields worth $4.5 billion. “So far, Russian investors and companies have finalized a contract with Iran for developing seven oil and gas fields worth 4.5 billion dollars, and some …

Iran’s Oil Ministry said in a report that Iran and Armenia have renewed a contract for the swap of Iranian gas for Armenian electricity as Armenian Prime Minister Nikol Pashinyan was in Tehran for an official visit on Tuesday, Press TV reported. Deputy Oil Minister Majid Chegeni, who signed off …

The Iranian oil minister said Russian investors and companies have finalized a contract for developing 7 oil and gas fields with Iran worth $4.5 billion, and some projects have achieved 7 to 35% physical progress so far. Speaking in a coordination meeting with the representatives of different working groups of …

Iran’s non-oil exports have registered a 25 percent increase in the Iranian calendar month to October 22 in comparison to figures from a month earlier, according to the spokesman of the Ministry of Industry, Mine and Trade. Writing on his official Twitter account, Omid Qalibaf also put Iran’s imports during …

The 16th Iran-Russia Joint Economic Commission will be hosted by Russia from October 30 to November 1. Iranian Oil Minister Javad Owji is the head of the Iranian delegation of this joint commission and Alexander Novak, the deputy prime minister of Russia, is also the head of the Iran-Russia joint …

The value of Iran’s non-oil export rose 5.6 percent during the first seven months of the current Iranian calendar year (March 21-October 22) as compared to the same period of time in the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said. According to Morteza …

President Ebrahim Raeisi arrived in northwestern city of Zanjan on Thursday moirning and inaugurated a major power plant there. President Ebrahim Raeisi arrived in the city of Zanjan province this morning for a one-day visit to the northwestern province. Upon his arrival, the president inaugurated 6 power plants, including two …

Iranian Oil Minister voiced Iran’s readiness to cooperate with all the members of the Gas Exporting Countries Forum (GECF) in all areas of development of the gas industry. Speaking to Shana News Agency on the sidelines of the 24th GECF ministerial meeting, Javad Owji stated that Iran is one of …