Analytics firm GlobalData forecasts annual installations could stand at 980MW for 2020, down from 2.47GW in 2019.
Read More »LNG Imports Market to Take a Hit Due to Covid-19 Crisis
In 2019, the three nations collectively imported nearly 51% of global LNG supplies.
Read More »Russian, Saudi Energy Ministers Reaffirm Commitment to New OPEC+ Deal
Both countries are also committed, if necessary, to take further measures to stabilise the market, which has been extremely volatile recently, together with the alliance and other states. Russia and Saudi Arabia are firmly committed to the implementation of the new OPEC+ oil output cut deal, the Russian Energy Ministry …
Read More »Iran’s Non-Oil Goods Exports Hit $20bln in 10 Months
Iran has considerably increased its export of non-oil commodities in a period of 10 months, the country's industry, mine and trade ministry announced.
Read More »Iranian Steel Ingot Export Has 42% Upsurge
Exports of Iranian steel ingot had a 42 percent growth for 11 months of the past Iranian year (ended on March 19. 2020), compared to the same period the year before.
Read More »Govt. Should Establish Health Protocol with Neighbors to Spur Exports
In the current situation that the country is grappling with the novel coronavirus, also known as COVID-19, the government should establish health protocols with neighboring countries in order to spur export.
Read More »Iran, Syria Mull Increase of Free Zone Investment
Secretary of Iranian Free Zones High Council Morteza Bank and Syrian Envoy in Iran Adnan Mahmoud discussed ways to promote joint investments through setting up joint industrial and commercial free zones.
Read More »IMF Says Assessing Iran’s Loan Request Takes Time
The International Monetary Fund (IMF) announced that assessing Iran’s request for $5 billion in emergency financing in a process takes time because IMF’s engagement with Tehran has been limited in recent times.
Read More »Iran Can Take Back Paid Membership Fee to IMF
After the United States opposed the IMF loan grant to Iran, a member of the Iranian Parliament's Plan and Budget Commission said that Tehran can take back its membership fee paid to the Fund over the past years.
Read More »IMF Predicts Improvement of Iran’s Economic Growth, Inflation Rate in 2020
International Monetary Fund (IMF) on Tue. predicted that Iran’s economic growth and inflation would improve during the outbreak of coronavirus, COVID-19.
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