Energy Economy

Iranian Vice-President for Economic Affairs Mohammad Nahavandian underlined the government’s measures to deal with emergencies and economic consequences of coronavirus epidemic.

Governor of the Central Bank of Iran Abdolnasser Hemmati said that the country has had a growth in the economic field in the last 3 months of 2019.

The Governor of the Central Bank of Iran has required permission for access to the fund's available $50-billion-emergency financing facilities, aimed at addressing COVID-19.

India-Chabahar-Afghanistan corridor became officially operational with the shipment of two containers through Mumbai, Chabahar and the Dogharoon border, according to the Director-General of Customs Transit of Iran.

Abu Dhabi National Oil Co. will boost crude supply to more than 4 million barrels a day next month as the United Arab Emirates joins a battle for market share triggered by Saudi Arabia and Russia.

Loans of up to €25,000 per household will be offered to homeowners who want to reduce their energy bills.

Exports to Eurasian Economic Union (EEU) countries in the first 11 months of the present Iranian year (ending on ) stood at $1.244 billion, registering a growth of 105 percent, compared to the same period in the year before.

More than 250,000 tons of commodities worth over $215 million were exported from the central Iranian province of Semnan during the 11 months to February 19.

Iran has exported some two million tons of commodities from border terminals of the Southeastern province of Sistan-Baluchestan in the past eleven months of the current Iranian year (that will end on March 21).

Despite some rumors, customs offices of Iran at joint borders with Afghanistan will continue providing their usual services by the end of the current Iranian calendar year (March 20, 2020).