The US Special Envoy for Iran Robert Malley said the Biden administration will increase pressure on China to cease imports of Iranian oil as the US tries to enforce nuclear sanctions. “China is the main destination of illicit exports by Iran,” and talks to dissuade Beijing from the purchases are …
Read More »Iran Ranks Fourth among Top Oil Suppliers in OPEC
In its latest monthly report, the agency declared that the total oil production of the Organization of the Petroleum Exporting Countries in the last month of the past year stood at 29.19 million barrels per day, and the total oil production of 13 OPEC member states decreased 40k bpd in …
Read More »OPEC: Iran’s Annual Oil Output Grew 7% in 2022
Iran’s oil production in 2022 increased seven percent compared to the previous year, according to OPEC’s first monthly report released in 2023. According to the OPEC report, the Islamic Republic produced 2.554 million barrels per day (bpd) of crude oil in 2022, 162,000 bpd more than the figure for 2021, …
Read More »Turkmenistan Suspends Gas Supplies to Uzbekistan, Iran and Decreases to China
Turkmenistan has suspended gas supplies to Uzbekistan through the Daryalyk station since January 12, Gazeta.uz reported. This supplies were suspended for technical reasons due to abnormal frosts in the region. Low temperatures led to the formation of hydrate in the infield communications of the Galkanysh gas condensate field, the newspaper …
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 »East Azarbaijan Accounts for 40% of Iran’s Exports to Armenia
Exports from East Azarbaijan Province accounted for 40% of Iran’s total exports to Armenia during the first nine months of the current Iranian year (March 21-Dec. 21). Iran’s total exports to Armenia stood at $304 million during the period, of which $125 million were shipped from East Azarbaijan. “The tonnage …
Read More »Iran’s LPG Exports Increase 86%
The value of Iran’s liquefied petroleum gas (LPG) export rose 86 percent from the beginning of the current Iranian calendar year (March 21, 2022) up to December 31, as compared to the same period of time in the past year, data released by the Islamic Republic of Iran Customs Administration …
Read More »Export from Sistan-Baluchestan up 32% in 9 Months yr/yr
The value of non-oil export from Sistan-Baluchestan province, in the southeast of Iran, rose 32 percent in the first nine months of the current Iranian calendar year (March 21-December 21, 2022), as compared to the same period of time in the past year, according to a provincial official. Mojtaba Shojaei, …
Read More »Iran’s Trade with Turkey Close to $5 Billion during 11 Months
Iran and Turkey traded $4.93 billion worth of goods from the beginning of 2022 to the end of November to register a 16.24% year-on-year rise, latest data released by the Turkish Statistical Institute show. Iran’s exports stood at $2.71 billion, up 22.3% while imports grew by 9.58% to $2.21 billion. …
Read More »Iran to Launch $8b Oil Projects by March 2023
Iranian Oil Minister Javad Owji said a number of unfinished petroleum projects worth $8 billion in total are scheduled to come on stream by the end of the current Iranian calendar year to March 23, 2023. Javad Owji told a live televised interview on Friday that 8 billion dollars of …
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