Energy Economy

According to research conducted by the Iranian Parliament Research Center (IPRC), the Islamic Republic of Iran stood higher than Turkey, Saudi Arabia, South Africa and Brazil in Industrialization Intensity Index.

Hemmat-Karaj Freeway was put into operation today in the presence of President Hassan Rouhani.

Refined copper cathode production by major Iranian smelters was stable in the 11-month period ending February 19 despite illegal American sanctions.

Latest official reports show that non-oil exports from Shahid Rajayee Port, Iran’s largest container port, has witnessed a rise by almost 4% between March 2019 and February 2020, in a comparison with the corresponding period in the last year.

Non-oil exports from Iran’s Southern province of Bushehr has posted a 20% jump in terms of weight in the past 11 months since late March 2019, in comparison with the corresponding period in the last year, a local official announced.

Shahid Rajaei Port, Iran’s largest container port, has registered a 3.7% growth in oil-based and non-oil exports since March 2019 compared to the same period in the previous year.

The Statistical Center of Iran (SCI) has predicted the non-oil gross domestic product (GDP) growth rate to stand at zero percent in the current Iranian calendar year 1398 (which is to end on march 21, 2020).

Organization of Petroleum Exporting Countries (OPEC) announced that Iran’s oil production volume in Feb. 2020 hit 2.080 million barrels per day (bpd), registering only a 2,000-barrel decline as compared to a month earlier.

Chairman of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’hagh said that Iran's export of products to neighboring Iraq is running despite some problems.

Chairman of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’hagh said that Iran’s export of products to neighboring Iraq is running despite some problems. He made the remarks in an interview with FNA on Sun. and added, “in spite of opening and closing Iranian and Iraqi borders repeatedly, Iran’s export …