Social and Events

The Organization of Petroleum Exporting Countries reduced production by 221.000 bpd in February.

18 ministers had already confirmed they would attend the event.

The Tuesday meeting will cover discussions on ways of cooperation between the two institution.

Joint railroad projects with Iran will start after the Pakistani prime minister’s approval.

The complex also has the capacity to produce 12.000 tons of high-quality copper cathode from mineral.

The private metal unit has the annual capacity of producing 66.000 tons of copper and lead.

Imports stood at 3.38 million tons worth $5.52 billion. down 38.33% and 32.56% in tonnage and value respectively YOY.

NIOC started oil offering at IRENEX due to the US’s withdrawal from Iran’s nuclear deal and re-imposition of sanctions against Iranian oil sector.

Some 220 companies will take part in the 12th International Exhibition of Exchange. Bank and Insurance of Iran.

Iran and Armenia have already begun their cooperation in ICT.