Iran and the European Union’s 27 member states traded €3.98 billion worth of goods during the first three quarters of 2022, registering an 18.35% rise compared with last year’s corresponding period. New data released by Eurostat show Germany was the top trading partner of Iran in the EU region during …
Read More »Iran’s Exports to Iraq Rebound
New trade data show Iran’s exports to Iraq are rising after they plummeted in the first half of the current Iranian year (started March 21). Iran’s exports to neighboring Iraq stood at $7.03 billion during the first seven months of the current Iranian year (March 21-Oct. 22), according to a …
Read More »Iran Trade with Persian Gulf States Tops $17.2 bn in 7 Months
Iran traded 28.4 million tons of goods (excluding crude oil exports) worth $17.28 billion with the Persian Gulf’s six littoral states. The latest data released by the Islamic Republic of Iran Customs Administration show that Iran traded 28.4 million tons of goods (excluding crude oil exports) worth $17.28 billion with …
Read More »Iran’s Trade with Neighbors Crosses $29bn in 7 Months
According to the latest data released by the Islamic Republic of Iran Customs Administration, Iran’s trade with neighbors crossed $29 billion during the 7 months. Iran traded 45.28 million tons of goods worth $29.09 billion, excluding crude oil exports, with its 15 neighboring countries during the current Iranian year’s first …
Read More »POGC to Drill 35 New Wells in South Pars
Pars Oil and Gas Company (POGC) is planning to spud 35 new wells in the supergiant South Pars gas field to enhance and maintain gas production in the massive joint field. According to POGC, the deputy head of POGC’s Reservoir Operations Engineering Unit outlined the company’s recent activities said on …
Read More »Iran, Russia Firms to Build Joint Pipeline
The CEO of Sina Energy Gostar Holding, affiliated with Mustazafan Foundation, said the holding was planning to build a pipeline for the transfer of petroleum products with support from Russian companies. According to the Mustazafan Foundation, Mohammad Ziyar underlined the details of a document signed during the recent visit of …
Read More »Iran’s H1 Agrifood Exports Register 3.3m Tons Worth $1.8 bn
Iran exported 3.36 million tons of agricultural and food products worth $1.85 billion in the first six months of the current fiscal year (March 21-Sept. 22), new data released by the Agriculture Ministry show. The figures indicate a decrease of 14.77% in tonnage and 20.33% in value compared with last …
Read More »Russian Investors to Spend $4.5b in 7 Iran Oilfields
The Iranian oil minister said Russian investors and companies have finalized a contract for developing 7 oil and gas fields with Iran worth $4.5 billion, and some projects have achieved 7 to 35% physical progress so far. Speaking in a coordination meeting with the representatives of different working groups of …
Read More »Russia to Host 16th Joint Economic Commission with Iran
The 16th Iran-Russia Joint Economic Commission will be hosted by Russia from October 30 to November 1. Iranian Oil Minister Javad Owji is the head of the Iranian delegation of this joint commission and Alexander Novak, the deputy prime minister of Russia, is also the head of the Iran-Russia joint …
Read More »UK Royal Navy Officials Involved in Nord Stream Terrorist Act
The Russian Ministry of Defense (MoD) has stated that UK Royal Navy officials took part in the planning and implementation of a terrorist attack on the Nord Stream network in the Baltic Sea on September 26th. “According to available information, Royal Navy representatives took part in the planning and implementation …
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