Iran exported over $34.998 billion worth of non-oil goods to 143 countries last year (March 20, 2020 to March 20, 2021), an economic official said on Sunday. Spokesman for the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi said that his country exported non-oil products worth over $34.998 billion …
Read More »Iraq to Continue Imports of Iranian Gas, Electricity
In a meeting with his Iranian counterpart in Tehran, Iraqi Energy Minister Majid Mahdi Hantoush announced that his country will continue purchasing gas and electricity from Iran. “Iran and Iraq have agreed to continue imports of Iranian gas and electricity and Iraq will pay its debts to Iran,” Hantoush said …
Read More »Iran to Pay for Vaccine with Funds Held in Iraq
Iran will use its financial resources blocked in Iraq for the purchase of coronavirus vaccines from Russia, Energy Minister Reza Ardekanian said. In comments after a meeting with Iraq’s Electricity Minister Majid Mahdi Hantoush, held in Tehran on Sunday, Ardekanian said Iranian President Hassan Rouhani has ordered that the money …
Read More »Iran Expects 2.5 Mil b/d Exports after US Sanctions Removal as Vienna Talks Continue
Iran expects to export as much as 2.5 million b/d of crude after the removal of US sanctions as the third round of talks between Tehran and some signatories to the nuclear agreement concluded in Vienna amid hopes of Washington removing oil sanctions on Tehran. “Oil sales have dropped much. …
Read More »Iraqi Electricity Minister Seeks Energy Cooperation with Iran
The Iraqi Minister of Electricity, Majid Hantoush, arrived on Saturday in the Iranian capital, Tehran, on an official visit. According to the official Iranian news agency “IRNA”, Hantoush met with the aide of the Minister of Energy, Humayun Haeri. The two sides reviewed ways to expand bilateral cooperation in the …
Read More »Iraq Hopes to Increase Gas Imports from Iran
Iraqi Electricity Minister Majid Mahdi Hantoush expressed hope that his country could reach an agreement in upcoming negotiations with the Islamic Republic of Iran to increase gas imports. He announced that a delegation from the Iraqi Electricity Ministry will travel to Tehran next week to hold talks with Iranian officials …
Read More »UAE Oil Storage Company in Talks to Buy Green Energy Firm
UAE oil storage company BPGIC is in advanced talks to buy a green energy firm as it aims to diversify its business and contribute to the global push to fight climate change, an industry source close to the discussions told Reuters. Brooge Petroleum and Gas Investment Co (BPGIC) is in …
Read More »Iran-Turkey Joint Economic Coop. Commission to Convene
The 28th edition of meeting of Iran-Turkey Joint Economic Cooperation Commission will be held on April 28-29 to discuss enhancing and broadening bilateral ties on issues of mutual interests. This meeting will be held in the presence of Chairpersons of Iran-Turkey Joint Economic Cooperation Commission Mahmoud Vaezi Iranian President’s Chief …
Read More »Iran Becomes Self-Sufficient in Benzene Production
Iranian petrochemical companies now fully meet the domestic need for benzene and the imports of the chemical product will stop from now on, according to an Oil Ministry’s statement on Sunday. Iran will no longer need any imports of benzene as one of the Iranian petrochemical companies has now met …
Read More »96% of Iran’s Population Enjoy Natural Gas
The managing director of National Iranian Gas Company (NIGC) said that 96 percent of the country’s population enjoy natural gas at the present. Emphasizing the need to pay attention to the stability of the network, the creation and use of processes, Hasan Montazer Torbati said: “Iran’s 96 percent of population …
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