The 14th edition of the South Pars Oil, Gas, Refinery, and Petrochemical Exhibition (SPPEX 2023) was inaugurated in the Pars Special Economic Energy Zone (PSEEZ) at Iran’s energy hub Assaluyeh on Sunday. The opening ceremony of the exhibition was attended by several provincial officials including Abolhassan Razminia, the head of …
Read More »Ahvaz to Host Oil Industry Equipment Exhibition in Early-Feb.
The 13th Specialized Exhibition of Khuzestan Manufacturing Oil Industry Equipment is scheduled to be held in the southwestern city of Ahvaz (the capital city of Khuzestan) during February 6-9, Shana reported. The slogan of the current year’s exhibition is “A strong Iran; knowledge-based oil Industry and completion of the value …
Read More »Iran’s Foreign Trade Hit $88 Billion
According to the latest data of the Islamic Republic of Iran Customs Administration, Iran’s foreign trade reached 125.86 million tons worth $88 billion. Iran’s foreign trade (excluding crude oil export) stood at 125.86 million tons worth $88 billion from the beginning of the current Iranian year on March 21, 2022, …
Read More »Tehran, Seoul Discuss Expansion of Economic Cooperation
South Korea’s Trade Minister Ahn Duk-Geun met with Iran’s envoy to Seoul on Thursday for talks on ways of boosting trade of humanitarian items and the overall economic ties. During the meeting in Seoul, Ahn and Iran’s Ambassador to South Korea Saeed Shabestari discussed ways of expanding bilateral economic cooperation, …
Read More »Iran’s First Coal-Fired Power Station Plan on Track
The construction of the first phase of Iran’s first coal-fired power plant in Tabas, South Khorasan Province, has registered a work-in-progress rate of 35%. Based on data from the Thermal Power Plant Holding Company, the boiler of the plant has been imported on account of its higher technology, which will …
Read More »Iranian Oil Tanker Reportedly Arrives in Venezuela
Media sources on Tuesday reported that an Iranian tanker carrying about 2 million barrels of ultra-light oil arrived this week in Venezuelan waters. Venezuela and Iran, both under United States sanctions, have recently expanded cooperation mainly through a swap that provides Venezuela’s state-run oil company PDVSA with light oil for …
Read More »Foreign Companies Eager to Invest in Iran Airport Market
A senior official at Iran Airports and Air Navigation Company announced here on Wednesday that the foreign countries are very willing to make investment in Iran’s airport market. Hassan Amjadi made the remarks in a meeting held in a southern Iranian city.6 At his remarks, Amjadi referred to China as …
Read More »Iran’s Exports to Iraq Rebound
New trade data show Iran’s exports to Iraq are rising after they plummeted in the first half of the current Iranian year (started March 21). Iran’s exports to neighboring Iraq stood at $7.03 billion during the first seven months of the current Iranian year (March 21-Oct. 22), according to a …
Read More »Iran Plans to Upgrade Atomic Energy Schools
Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami has underscored that his organization is determined to provide students with better equipment to improve the training situation at nuclear energy schools throughout the country. Eslami made the remarks in a ceremony commemorating the National Day of Fighting Global …
Read More »Iranian Oil Minister to Head to Russia Following $40bn MoU for Investment in Iran
Iran’s oil minister will head to Russia on Monday for the 16th joint economic commission of the two countries, with the finalization of the 40-billion-dollar memorandum of understanding in oil and gas sector topping the agenda of the visit. The visit comes on the heels of the meetings of different …
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