Energy Economy

It is buying additional equity in the firm via an issue of new shares. taking its interest from 43% to 50%.

Gholamhossein Shafei. the chairman of Iran'.s Chamber of Commerce. Industries. Mines and Agriculture (ICCIMA) met and talked with his Omani counterpart in Tehran on Sunday afternoon.

Chief Executive of Iran Water &. Power Resources Development Company said that the Islamic Republic will complete the construction of Esteghlal Tunnel in Tajikistan.

There is the possibility that the INSTEX will be implemented in the future through inking a memorandum of understanding between Iran and the Europeans.

1.5 million barrels of oil per day (bpd) were predicted in the current year’s budget bill.

Tehran and Muscat will increase joint efforts in areas of maritime transportation. standard. and sports. as the two countries signed three Memoranda of Understanding (MoUs) in Tehran.

Iran and Russia are holding meetings to further increase maritime cooperation in the Caspian Sea with new agreements.

The non-oil exports from Iran’s province of Semnan hit a total worth of $170 million in the first 8 months.

Iran and Oman are enjoying very close political relations which will bring about stronger economic ties. adding that he will have more meetings with Omani officials.

Iran and Oman share age-old and close diplomatic. economic. and commercial ties.