Energy Economy

Non-oil exports in this period were 88.000 tons. registering a growth of 16 percent in terms of weight compared to the same time span in the year before.

Iran’s Northern province of Gilan has exported non-oil commodities worth $260 million in the first 8 months of the current local calendar year.

The two countries of Iran and South Africa enjoy high potentials and capacities for promoting economic relations. putting the current volume of trade exchanged between Islamic Republic of Iran and South Africa at less than $100 million.

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.