Tag Archives: Trade

Iranian President. in a meeting with his Singaporean Prime Minister on the sidelines of the Eurasia Economic Union Summit in the Armenian capital city of Yerevan. underlined that Iran is after strong relations with Asian countries.

As Iran’s largest petrochemical group which extends to 39 subsidiaries and foreign-based sales agents. Persian Gulf Petrochemical Industries Company (PGPIC) has been considered one of the most profitable entities in the country’s economic body.

Iranian Oil Minister Bijan Zangeneh at the Russian Energy Week panel. while stressing depoliticization of energy sector. proposed setting the goal of achieving 30% share of natural gas in the world energy mix by 2040.

Some 600.000 tons of non-oil goods worth $769 million have been exported from West Azerbaijan province of Iran in the past 6 months (March 21—September 22). which indicates a 145% rise in a comparison with the corresponding period in the last year.

Ambassador of the Islamic Republic of Iran to the Russian Federation stated that if properly planned. the Eurasian Economic Union will provide a historic opportunity to increase Iran’s exports to six countries of the region.

Iranian Oil Minister Bijan Zangeneh said he would leave Tehran for Moscow later this week to attend the upcoming Gas Exporting Countries Forum (GECF) ministerial meeting and participate in the Russian Energy Week.

Eight more countries have decided to join the Instex mechanism for trade with Iran. the European Union High Representative Federica Mogherini'.s aide said.

Yamal has been producing and shipping LNG above its expected capacity of 16.5 million tonnes a year (mtpa).

Iranian Agriculture Minister Mahmoud Hojjati and his Kazakh counterpart Saparkhan Omarov said that their respective governments are determined to boost bilateral relations between the private and state sectors of the two countries.

Iranian President Hassan Rouhani said that his country will reap huge economic benefits with the implementation of the agreement between Tehran and the member states of the Eurasia Economic Union (EAEU) in November.