Tag Archives: Tehran Times

Iran registered a monthly non-oil trade balance of $650 million in the seventh Iranian calendar month Mehr (September 23-October 22), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced. Ruhollah Latifi put the monthly non-oil trade at 19.554 million tons worth $9.886 billion. The non-oil export was …

Managing Director of National Iranian Oil Company (NIOC) has said his company is going to benefit from the potentials of the country’s private sector to maximize oil and gas condensate sales in the future, Shana reported. Referring to the NIOC plans in the oil sales sector, Mohsen Khojasteh Mehr said: …

Iranian Oil Minister Javad Oji has said his ministry is making necessary arrangements and planning for attracting $125 billion of foreign and domestic investment in the country’s oil industry within the next four to eight years, Shana reported. Making the remarks in a meeting with the Head of China Petrochemical …

Iran’s exports of fuel and petrochemical exports have surged in recent years as the re-imposition of the U.S. sanctions on the country’s oil industry curbed crude sales, the Daily Star reported. The situation has left Iran in a good position to be able to expand trade in Asia and Europe …

Managing director of Iranian Central Oil Fields Company (ICOFC) announced his company’s readiness for the sustained supply of gas during winter. Ramin Hatami announced the realization of plans and readiness for the sustained supply of gas for domestic and industrial consumers. “Due to the efforts of the company’s staff, especially …

International Atomic Energy Agency director Rafael Grossi held talks with Mohammad Eslami, the new chief of the Atomic Energy Organization of Iran (AEOI) on Sunday morning. Grossi visited Tehran last night at the head of a delegation. Iran’s ambassador to the IAEA, Kazem Gharibabadi, said on Saturday that Iran and …

Despite all the external challenges like the coronavirus pandemic and the U.S. sanctions, the Iranian oil and gas sector has been developing at a fast pace and the country is passing new milestones in this industry every day. Various sectors of Iran’s oil and gas industry including exploration, production, processing, …

The value of Iran’s non-oil trade rose 38 percent during the first five months of the current Iranian calendar year (March 21-August 22) as compared to the same period of time in the past year, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced. Speaking to the …

Iran produced 2.485 million barrels per day (bpd) of crude oil in July, registering a 28 percent increase compared to the same month in 2020, according to OPEC’s latest monthly report published on August 12. Based on secondary sources, Iran had produced 1.936 million bpd of crude oil in July …

Over 1.506 million tons of non-oil commodities worth $478.997 million was exported from Sistan-Baluchestan province in the southeast of Iran during the first four months of the current Iranian calendar year (March 21-July 22), a provincial official announced. Mohammad-Ali Khashi, the director-general of the customs department of Zahedan (the center …