Tag Archives: Iranian News Agency

National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX).

Gibraltar on Tuesday said it plans to de-escalate tensions with Iran over the seizure of Grace 1 supertanker. reinvigorating hopeful speculations that it might release the large vessel soon.

New statistics show that Iran has exported about 20% more steel this year. while it has cut down its imports of the item by 208%.

A senior official in Iran’s petrochemical industry announced that the country will float 2 more Pet-Chem companies in the stock market as it seeks to finance expansion projects in downstream.in a bid to soft-pedal the impact of the US unilateral sanction.

Deputy Head of Iran'.s Ports and Maritime Organization (PMO) for Maritime Affairs Jalil Eslami announced on Tuesday that the Iranian oil tanker which was seized by the British forces in the Strait of Gibraltar will be freed in the near future.

Iranian First Vice-President Eshaq Jahangiri. in a meeting with Kazakhstan’s Prime Minister Askar Mamin. said that his country is willing to broaden bilateral relations with the Central Asian country in areas of banking. tourism. and finance.

German exports to Iran fell by nearly half in the first six months of 2019. data showed on Monday. suggesting companies are scaling back business ties with Tehran to avoid trouble with the United States after Washington reimposed sanctions.

Deputy Minister of Industry and Chief Executive of Industrial Development and Renovation Organization of Iran (IDRO)said that Islamic Republic of Iran is poised to strengthen exchanges with the Caspian Sea littoral states in various trade and production.

South Zagros Oil and Gas Production Company. a subsidiary of the National Iranian Oil Company. has manufactured or repaired the 521 items needed in the oil and gas industry.

Jam Petrochemical Complex. one of the largest producers of olefins in the world. has boosted output by 15 percent. according to the company.