Iran’s ambassador to India said in New Delhi on Friday that Tehran is ready to sell oil to India and deliver it at desired destination. “We are, just as always, ready for further expansion of economic ties India, such as delivering crude oil at any desired destination, and decision making …
Read More »Iran’s H1 Agrifood Exports Register 3.3m Tons Worth $1.8 bn
Iran exported 3.36 million tons of agricultural and food products worth $1.85 billion in the first six months of the current fiscal year (March 21-Sept. 22), new data released by the Agriculture Ministry show. The figures indicate a decrease of 14.77% in tonnage and 20.33% in value compared with last …
Read More »Russia to Invest $4.5 Billion in Iran’s Oil Fields
Iran’s Oil Minister Javad Owji has said Russian investors have finalized a contract with Iran for developing seven oil and gas fields worth $4.5 billion. “So far, Russian investors and companies have finalized a contract with Iran for developing seven oil and gas fields worth 4.5 billion dollars, and some …
Read More »Iran Gas Supply to Armenia to Double
Iran’s Oil Ministry said in a report that Iran and Armenia have renewed a contract for the swap of Iranian gas for Armenian electricity as Armenian Prime Minister Nikol Pashinyan was in Tehran for an official visit on Tuesday, Press TV reported. Deputy Oil Minister Majid Chegeni, who signed off …
Read More »Russian Investors to Spend $4.5b in 7 Iran Oilfields
The Iranian oil minister said Russian investors and companies have finalized a contract for developing 7 oil and gas fields with Iran worth $4.5 billion, and some projects have achieved 7 to 35% physical progress so far. Speaking in a coordination meeting with the representatives of different working groups of …
Read More »Iran’s Non-Oil Exports Grows 25% MOM
Iran’s non-oil exports have registered a 25 percent increase in the Iranian calendar month to October 22 in comparison to figures from a month earlier, according to the spokesman of the Ministry of Industry, Mine and Trade. Writing on his official Twitter account, Omid Qalibaf also put Iran’s imports during …
Read More »Russia to Host 16th Joint Economic Commission with Iran
The 16th Iran-Russia Joint Economic Commission will be hosted by Russia from October 30 to November 1. Iranian Oil Minister Javad Owji is the head of the Iranian delegation of this joint commission and Alexander Novak, the deputy prime minister of Russia, is also the head of the Iran-Russia joint …
Read More »Iranian Oil Minister to Head to Russia Following $40bn MoU for Investment in Iran
Iran’s oil minister will head to Russia on Monday for the 16th joint economic commission of the two countries, with the finalization of the 40-billion-dollar memorandum of understanding in oil and gas sector topping the agenda of the visit. The visit comes on the heels of the meetings of different …
Read More »Iran’s Gas Exports to Turkey Exceed 7bn Cubic Meters
Iran exported over seven billion cubic meters of gas to Turkey during the past 9 months. According to the statistics by the Turkey Statistics Office, Iran-Turkey trade during the first nine months of the current year, 2022, grew 26% to reach 4 billion and $809 million. The two countries’ trade …
Read More »Non-Oil Exports Increase 5.6% in 7 Months yr/yr
The value of Iran’s non-oil export rose 5.6 percent during the first seven months of the current Iranian calendar year (March 21-October 22) as compared to the same period of time in the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said. According to Morteza …
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