Tag Archives: Production

Underlining the vitality of improving exports. Iranian Industry Minister Reza Rahmani announced on Saturday that current production level of petrochemicals in Iran is two times more than the domestic need for such products.

Oil accounted for 72 percent of Russia'.s gross domestic product last year.

Iran has also made huge progress in expanding its gas fields while relying on the domestic expertise.

Iran'.s petrochemical production capacity would cross 100 mt y by 2021.

Statistics show that Iran’s second-largest car manufacturing company ``SAIPA`` manufactured 147.588 vehicles in the first five months of the current year (March 21 – August 21).

Iran’s national currency. the rial. has kept its value against other currencies. signaling strength in the face of the new rounds of US sanctions against Tehran which were announced on Friday.

The Federal Energy Regulatory Committee (FERC) has conditionally approved a small-scale liquefaction project in Jacksonville. Florida.

The attacks halved the crude output of the world'.s top oil exporter. by shutting down 5.7 million barrels per day.

The Energy Information Administration forecasts power production from wind turbines will rise by 6% in 2019 and 14% next year.

Abdolnasser Hemmati said that his country’s non-oil economy recorded a 0.4% growth in the first 3 months of the current Persian calendar year (March 21-June 21). adding that it showed that Tehran has contained the negative impacts of US sanctions.