The value of Iran’s exports to Pakistan increased by 13 percent in 2023 as compared to 2023, according to the Pakistan Ministry of Commerce. The data released by the Pakistan Ministry of Commerce indicate that Iran exported non-oil commodities worth $944 million to its neighbor Pakistan in the past year, …
Read More »Iran Accounts for 12% of OPEC Oil Revenues in 9 Months: IEA
The International Energy Agency (IEA) has put Iran’s oil income in the first nine months of 2023 at about $34 billion, which was equivalent to 12 percent of OPEC’s total income in this period, Shana reported. Based on the IEA data, the total oil revenues of the 13 OPEC members …
Read More »90% of Iran’s Rural Areas to Get Access to Gas Network by Late March
The head of the National Iranian Gas Company (NIGC) said 90 percent of the country’s rural areas are going to be supplied with gas through the national gas network by the end of the current Iranian calendar year (March 19), Shana reported. Making the remarks on the sidelines of the …
Read More »Iran Ready to Export Oil Products, Techno-Engineering Services to Nicaragua
Iranian Oil Minister Javad Oji has expressed Iran’s readiness for exporting oil products and technical and engineering services to Nicaragua, Shana reported. The minister made the remarks in a meeting with visiting Nicaraguan Foreign Minister Denis Moncada on Monday, saying Iranian companies are prepared to help Nicaragua implement its refinery …
Read More »Iran’s GDP Growth Stands at 4.7% in H1
Iran’s gross domestic product (GDP) including oil grew 4.7 percent in the first half of the current Iranian calendar year (March 21 – September 22) compared to the same period last year, according to the Central Bank of Iran (CBI). Based on the CBI data, the figure was 3.6 percent …
Read More »Iran Exports Non-Oil Goods Worth $28.3m to Kenya in 7 Months
Iran exported non-oil commodities valued at $28.3 million to Kenya during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of Trade Development Committee of Iran’s House of Industry, Mining and Trade announced. Ruhollah Latifi also announced that the Islamic Republic imported products valued …
Read More »Iran Exports Non-Oil Goods Worth $46.5 to Nigeria in 7 Months
Iran exported non-oil commodities valued at $46.5 million to Nigeria during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of Trade Development Committee of Iran’s House of Industry, Mining and Trade announced. Ruhollah Latifi said that among the African trade partners of Iran …
Read More »Tehran Hosting 9th Iran-Qatar Joint Economic Committee Meeting
The 9th meeting of the Iran-Qatar Joint Economic Committee started in Tehran on Saturday aimed at expanding economic cooperation and bolstering the constructive interaction between the two countries’ private sectors. The meeting is co-chaired by Iran’s Energy Minister Ali-Akbar Mehranian and Qatari Minister of Commerce and Industry Sheikh Mohammed bin …
Read More »Iran Exports Non-Oil Goods Worth $89.5m to South Africa in 7 Months
Iran exported non-oil commodities valued at $89.5 million to South Africa during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of Trade Development Committee of Iran’s House of Industry, Mining and Trade announced. Ruhollah Latifi also announced that the Islamic Republic imported products …
Read More »Iran Oil Production Rises in October
Iran, which has gained an exemption from OPEC cuts deal due to U.S. sanctions, increased production to 3.05 million barrels per day (bpd) in October, as pipeline issues that affected production and exports in September were resolved, according to a survey conducted by S&P Global Commodity Insights Platts. Production is …
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