Tag Archives: Fars News Agency

The majority of the loan will reportedly be used for conducting several joint power plant projects in Iran.

Iran’s total PVC production capacity is 730.000 tons year.

A total sum of $2.5 to $2.4 billion is estimated to be earned from the gas price hike in the country.

Iran has imported $25 billion worth of products in the first 7 months of the current local calendar year.

The government is currently offering around $108 billion hidden subsidies and the correction in gas price will recover around $2.5 billion of objective-less subsidies.

Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei underlined his support for the government plan to increase the gasoline prices. but meantime. called on officials to prevent its impacts on other commodities'. prices.

The NIOPDC issued a statement. announcing new pricing for gas in Iran. adding that there will be no change in diesel and CNG prices.

The recent minor loss of the national currency of rial’s value against foreign exchange is a minor fluctuation of no concern. advising the masses not to take the market of foreign currencies as an investment opportunity.

Iran is manufacturing all of its needed equipment in the fields of port and shipping. adding that technology acquisition in the area has been achieved after US-slapped sanctions forced some international companies to leave the country.

CEO of the IRENEX Seyed Ali Hosseini said that the LPG trade recorded had been unprecedented.