Tag Archives: Conference

Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati says the country’s economy is more stable now compared to last year as inflation rate loses momentum.

Governor of Iran’s Central Bank aid that Tehran’s policies have fruited result and the country is now enjoying a stable economy 16 months after US President unilaterally withdrew Washington from the nuclear deal and later imposed tough sanctions against.

Governor of Iran’s Central Bank (CBI) Abdolnaser Hemmati said that the CBI will start implementing its first round of open market operation (OMO) policies by the end of the current month.

Iranian Ambassador to Yerevan Kazem Sajjadi and Armenia’s Minister of Territorial Administration and Infrastructure Suren Papikyan exchanged views on ways to bolster energy cooperation between the two neighboring countries.

The Iranian Oil Minister Bijan Namdar-e Zanganeh has said that the country can lift its crude oil production to the level before the US sanctions in less than 3 days.

Iranian companies will replace foreign firms in major oil and gas projects of the country after some international contractors slowed down their activities under unilateral pressures from the US.

National Iranian Oil Company is set to grant the development project of the South Pars oil layer. in the Persian Gulf. to a domestic company. a senior official said.

A shutdown in the rigs will put pressure on Nicolas Maduro’s administration.

South Pars is the world’s largest gas field.

US gasoline and distillate stockpiles rose more than expected last week.