The International Energy Agency (IEA) has put Iran’s oil income in the first nine months of 2023 at about $34 billion, which was equivalent to 12 percent of OPEC’s total income in this period, Shana reported. Based on the IEA data, the total oil revenues of the 13 OPEC members …
Read More »Iran to Invest $275 bln for Developing Oil, Gas Fields by 2041
The manager of the National Iranian Oil Company (NIOC) for planning affairs said the country is going to invest about $275 billion by 2041 for the development of the oil and gas fields. Speaking at the First Conference of Managers of the National Iranian Oil Company, Ahmad Rajabi stated that …
Read More »Iran Ready to Export Oil Products, Techno-Engineering Services to Nicaragua
Iranian Oil Minister Javad Oji has expressed Iran’s readiness for exporting oil products and technical and engineering services to Nicaragua, Shana reported. The minister made the remarks in a meeting with visiting Nicaraguan Foreign Minister Denis Moncada on Monday, saying Iranian companies are prepared to help Nicaragua implement its refinery …
Read More »Iran Expands Production Capacity in South Azadegan Oil Field
On Saturday, Iran decided to add 60 new wells to boost production capacity in the South Azadegan oil field, Iran’s largest field, shared with its neighbor Iraq. The head of the National Iranian Oil Company (NIOC), Mohsen Khojasteh-Mehr, announced the news, adding that the southern Azadegan field’s production capacity has …
Read More »Over $1 bn in Non-Oil Goods Exported via Mehran Border
The head of Ilam Customs reported that more than two million tons of goods, valued at over $1.169 billion, were exported from Mehran Border Crossing in the first eight months of the current Iranian calendar year. Miragha Abdi conveyed in an interview with Mehr News Agency that over 500 truck …
Read More »Iran Exports Non-Oil Goods Worth $28.3m to Kenya in 7 Months
Iran exported non-oil commodities valued at $28.3 million to Kenya during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of Trade Development Committee of Iran’s House of Industry, Mining and Trade announced. Ruhollah Latifi also announced that the Islamic Republic imported products valued …
Read More »Iran’s Non-Oil Export to Its Neighbours Increases 9%
The value of Iran’s non-oil export to the neighboring countries increased by nine percent during the first eight months of the current Iranian calendar year (March 21-November 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced. Mohammad Rezvani-Far said that Iran exported 48 million tons of …
Read More »Iran Exports Non-Oil Goods Worth $46.5 to Nigeria in 7 Months
Iran exported non-oil commodities valued at $46.5 million to Nigeria during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of Trade Development Committee of Iran’s House of Industry, Mining and Trade announced. Ruhollah Latifi said that among the African trade partners of Iran …
Read More »Tehran Hosting 9th Iran-Qatar Joint Economic Committee Meeting
The 9th meeting of the Iran-Qatar Joint Economic Committee started in Tehran on Saturday aimed at expanding economic cooperation and bolstering the constructive interaction between the two countries’ private sectors. The meeting is co-chaired by Iran’s Energy Minister Ali-Akbar Mehranian and Qatari Minister of Commerce and Industry Sheikh Mohammed bin …
Read More »Iran Exports Non-Oil Goods Worth $89.5m to South Africa in 7 Months
Iran exported non-oil commodities valued at $89.5 million to South Africa during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of Trade Development Committee of Iran’s House of Industry, Mining and Trade announced. Ruhollah Latifi also announced that the Islamic Republic imported products …
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