Energy Economy

Some 784.000 tons of non-oil commodities worth $776 million were exported from the northeastern Iranian province of Razavi Khorasan in the first half of the current fiscal (March 21- September 22).

The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of gas condensate on the international floor of the Iran Energy Exchange (IRENEX) on October 1 at $58.58 per barrel.

While lagging the parallel markets of foreign currency. gold coin. and real estate behind. Iran’s stock market hit a new record during the first half of the current Iranian calendar year.

The minimum amount for land transport is 110 tons or 1.000 barrels for the item for each transaction.

The governor of Central Bank of Iran (CBI) met and held talks with his Kuwaiti and Qatari counterparts in Kuwaiti capital.

Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said that Islamic Republic of Iran sidelined US dollar transactions with Russia and Turkey.

Serbian Ambassador to Iran Dragan Todorovic underlined the necessity for activation of the two countries'. private sectors to further increase mutual cooperation. specially in economic field.

Iran’s Minister of Transportation Mohammad Eslami said that his country’s maritime transportation capacity has witnessed significant growth since last year when US President Donald Trump re-imposed anti-Tehran sanctions.

Turkey will continue to buy natural gas from Iran.

Ocean Breeze Energy owns and operates the BARD Offshore 1 wind farm. believed to be Germany’s ‘most productive’ project of its kind.