Tag Archives: International News Agency

Iran will soon take legal action against Türkmengaz company for bringing gas exports to a halt.

The two countries also agreed on a 13.3 percent discount on the prices of gas delivered from the Islamic Republic to Turkey.

The new projects will augment Iran’s crude output capacity by about 15 thousand barrels per day.

Iran’s position in the global ranking has climbed from 118th in 2014 to 96th place in 2016.

Iran was the first and largest manufacturer of MDI in the Middle East.

Iran’s will practically end gasoline imports in the next Iranian calendar year.

The cash subsidy scheme has created a big hole in government finances.

Iran holds 38% of the petrochemical market in the Middle East.

The two neighboring countries also have agreed on a deal for exporting 25 mcm of gas to Iraq’s Basra.

Iran was the only country allowed to slightly boost output.