Tag Archives: Iranian News Agency

The Iranian Oil Minister Bijan Namdar-e Zanganeh has said that the country can lift its crude oil production to the level before the US sanctions in less than 3 days.

On the occasion of the Government Week in the current year (started March 21. 2019). Minister of Energy Reza Ardakanian inaugurated a 7-megawatt solar power plant in Abhar. Zanjan province.

Iran’s national currency of rial is regaining value against the US dollar as other economic indicators of the country are showing revival a year after US President Donald Trump imposed unilateral sanctions against Tehran.

The sector’s move towards green and low-carbon operations was a strategy in all sectors of the industry.

The AEOI used to produce 10 tons of uranium for years. while the volume stood at 30 tons last year.

Despite the US sanctions. many countries. including China. still continue oil imports from Iran.

National Iranian Drilling Company (NIDC). a subsidiary of National Iranian Oil Company. has dug 124 oil and gas wells across the country during the past year. a senior official said.

Baghdad is resolute to preserve its trade and energy ties with Tehran with a plan to deposit several billions of US dollars in an account in an Iraqi bank to pay for imports of energy from Iran.

Turkmenistan’s Ambassador to Tehran Ahmed Gurbanov voiced his country’s dissatisfaction with curbs in commercial ties with Iran. and said Ashgabat is determined to restore strength to its economic ties with the Islamic Republic.

The Iranian Ministry of Industry. Mine and Trade said that the country has produced some 7.2 million tons of steel products in the first 4 months of the current local calendar year.