Tag Archives: Iran

The rial. the currency unit used consistently in Iran for almost a century. will be totally abandoned once the country introduces a redenomination.

Iranian and Russian officials discussed avenues to increase mutual cooperation between the two countries in area of vocational training.

Hemedan. one of the 31 provinces of Iran. has exported 177.150 tons of non-oil goods worth 3 trillion rials (about $26 million) in the first 3 months of the current local calendar year (March 21-June 21).

Russian Ambassador to Tehran Levan Dzhagaryan said on Sunday that his country and Iran will link their domestic banking networks in the near future.

Iranian Energy Minister Reza Ardakanian said that his country has exported 2.3 billion kilowatts of electricity to the neighboring countries since the start of the local calendar year on March 21.

The Iranian government is planning to increase the heavily-subsidized price of diesel to make it more realistic and to discourage smugglers who are trafficking the fuel to the neighboring countries.

Iran’s nominal electricity generation capacity reached 80.311 MW at the end of last year and now. it has risen to 80.868 MW.

New oil and gas reserves have been discovered in Iran since last year.

Raw steel production in Iran in the first three months of the current Iranian calendar year. which began in March. rose five percent to reach 6.638.000 tons.

Iran is still the number one supplier of natural gas and electricity to Iraq.