Three billion dollars non-oil exports were registered from East Azarbaijan Province, northeast of Iran, in the past Iranian year ended on March 19, 2021, a provincial official announced on Sunday. Habib Aminzadeh, head of chamber of commerce, mine and industry of the province, made the remarks at a press conference. …
Read More »Disputes with IAEA can be Resolved via Constructive Interaction
Iran’s Deputy Foreign Minister Seyyed Abbas Araghchi said in Vienna that cooperation between Iran and the International Atomic Energy Agency (IAEA) continues in both areas of fact-checking and technological assistance. Araghchi held talks with the Director-General of the International Atomic Energy Agency (IAEA) Rafael Grossi on the Joint Comprehensive Plan …
Read More »Iran Oil Production to Reach December 2016 Level Unhindered
While OPEC+ had agreed to cut oil production to keep market balance and is now easing the cut in a phased manner, Iran is exempt from making cuts until it reaches December 2016 production level – namely near 4 million barrels per day, as confirmed by Iranian officials and OPEC+ …
Read More »Iran’s Oil Production from Southern Fields up by 30% over Past Six Months
Managing-Director of National Iranian South Oil Company Ahmad Mohammadi said on Monday that the company’s production has increased by 30% in the second half of the past Iranian year (ended on March 19). Speaking to IRNA, the official also predicted that the company’s production capacity will make another 10% growth …
Read More »Iran’s Non-Oil Exports Exceed $65 Billion
Chairman of Iran’s Trade Promotion Organization (TPO) said on Tuesday that Iran’s foreign trade surpassed 65 billion dollars in the past 11 months, with non-oil exports rising despite US sanctions. In a meeting with exporters in Qazvin province, Hamid Zadboum said that Iran’s foreign trade stood at 41.3 billion dollars …
Read More »OPEC: Iran’s Crude Oil Output Increases in February
The latest data published by the Organization of the Petroleum Exporting Countries (OPEC) shows steady growth in Iran’s crude oil output in February. According to the OPEC report, Iran’s oil production rose by 35,000 barrels per day to 2.12 million bpd in February. The country’s heavy crude oil price also …
Read More »Iran’s Crude Oil Export Hit Record
The Islamic Republic of Iran has reportedly increased its crude oil export to China in recent months. According to Reuters, Iran has moved record amounts of crude oil to top client China in recent months, while India’s state refiners have added Iranian oil to their annual import plans on the …
Read More »Iran to Build Its Largest Oceanic Port in Sea of Oman
Iran is to construct an oceanic port in the Sea of Oman where the country’s largest oil terminal will be built. Iranian Minister of Roads and Urban Development Mohammad Eslami said the project is aimed boosting the country’s crude exports. “We have always wanted to take [Iran’s] oil exports beyond …
Read More »Rouhani Warns of Politicizing Iran’s Nuclear Issue at IAEA
President Rouhani said Thur. that if the US lifts sanctions, Iran will have warmer relations with the International Atomic Energy Agency (IAEA) and the agency’s monitoring will be carried out according to the law. “From the start, we were interested in cooperating with the International Atomic Energy Agency (IAEA), and …
Read More »Iraq to Pay Arrears as Part of Contract with Iran
Iranian Energy Minister Reza Ardakanian announced that Iraq would pay its arrears to Iran as part of an agreement with Tehran, saying that the neighboring country will fully pay its debts. “There is no reason to worry about payments related to electricity exports to Iraq as this is carried out …
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