Tag Archives: Iranian News Agency

Iranian officials announced that the construction of the 32-kilometer railway connecting the city of Shalamcheh in Southwestern Iran to Basra in Southern Iraq will kick off in the next few months.

Tehran and Baghdad have already signed an agreement to resolve disagreements over Arvand Rud based on the 1975 Algiers Accord.

Tehran lashed out at Washington for its attempt to wield influence on the Organization for Petroleum Exporter Countries (OPEC) through Saudi Arabia to undermine the role of Iran and Venezuela as the two major members of the oil cartel.

A senior official announced that Iran has exported $7.996 million worth of non-oil commodities from its Northeastern province of North Khorassan in the first three months of the current local calendar year (March 21- June 21).

Director General of Iran Air Touraj Zangeneh said that his company has achieved self-sufficiency in repairing and maintaining its fleet. despite the US unilateral sanctions.

The Europe-proposed Instrument in Support of Trade Exchange (INSTEX) should provide a comprehensive channel for financial transactions with the European states to wire back Iran'.s crude revenues. a senior Iranian legislator stressed.

Plans are under way to bring Iran’s oil refining capacity to 2.4 million barrels per day by the end of the current Iranian calendar year to March 20. 2020.

Iran’s support for an agreement between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers. saying. however. such an agreement would be meaningless without an internal understanding inside the organization.

Iranian Minister of Petroleum Bijan Zangeneh said he had no problem with output cut. slamming unilateralism as the biggest problem in the Organization of the Petroleum Exporting Countries (OPEC).

Iranian Parliament Speaker Ali Larijani said that Washington has failed in its attempts to prevent Iran'.s oil sales and its purchase of goods from other countries.