Energy Economy

Public transport provider RET will also use the financing to install charging infrastructure for the vehicles.

Iranian Agriculture Minister Mahmoud Hojjati and his Kazakh counterpart Saparkhan Omarov said that their respective governments are determined to boost bilateral relations between the private and state sectors of the two countries.

Iranian President Hassan Rouhani said that his country will reap huge economic benefits with the implementation of the agreement between Tehran and the member states of the Eurasia Economic Union (EAEU) in November.

Khatam-al Anbiya Construction Headquarters will construct the first petro-refinery in Kermanshah province.

Some 784.000 tons of non-oil goods have been exported from Northeastern Iranian province of Khorassan Razavi in the last 6 months. which shows a 30% rise in comparison with corresponding period in the last year.

Iranian officials announced that the country has already completed sophisticated maintenance checks for two of its 2-year-old ATR airplanes. adding that domestic companies will finish the job by March 2020 despite US sanctions.

A major Italian transportation group is in negotiation with the Port and Maritime Organization of Iran (PMO) to establish a shipping route between the Southeastern Iranian port of Chabahar and the Northern Italian port of Venice.

Senior Iranian and Russian officials in a meeting in Russia discussed bilateral relations. and underlined the need to establish an export terminal for exchanging agricultural products between the two countries.

Behrouz Aghaei said that export of products from Chabahar’s Shahid Beheshti Port in the first six months of the current year increased 100 percent as compared to the last year’s corresponding period.

The energy giant said the risk of a delay in delivering the project’s milestones has increased but the aim to generate first electricity in 2025 remains unchanged.