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Iran-UAE trade reactivated

3:55 AM
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The Deputy for Commercial Services of Iran's Trade Promotion Organization announced the reactivation of trade exchanges between Iran and the UAE via Jebel Ali Port, one of the most important ports in the southern Persian Gulf.
Some Iranian provinces have reduced natural gas leaks across their distribution networks to zero by turning consumption constraints into an opportunity to modernize infrastructure and improve efficiency, Deputy Oil Minister for Gas Affairs Saeid Tavakoli said.
The chief executive of the Iranian Offshore Oil Company (IOOC) said the successful installation of the main platform for the Reshadat oil field development project will increase the field’s production capacity by 35,000 barrels per day while enabling the injection of 80,000 barrels of water per day to maintain reservoir pressure and support long-term recovery.
The admission of the ineffectiveness of oil sanctions against Iran comes after the signing of the memorandum of understanding ending the war between America and the Zionist regime against Iran, voiced by American officials. This follows Mohsen Paknejad, the oil minister, having previously responded decisively to Donald Trump's "maximum pressure" order aimed at reducing Iran's oil exports to zero, declaring that America's maximum pressure policy on Iran's oil exports has failed and that reducing Iran's oil exports to zero is a wish they will never achieve.
Reza Khilaei, Director of Oil and Gas Production Supervision at the National Iranian Oil Company, in an interview with Shana, explaining the latest status of associated petroleum gas (flare gas) collection, announced: The amount of flare gas collection since the beginning of the fourteenth government's administration has increased from about 5 million cubic meters per day to over 9 million cubic meters, and it is predicted that with the implementation of approved plans, this figure will reach approximately 35 million cubic meters per day by the end of the government.
Mehdi Heydari, Deputy Minister of Economic Affairs and Finance and Head of the Organization for Investment, Economic and Technical Assistance of Iran, held bilateral meeting on the sidelines of the 51st Annual Meeting of the Board of Executive Directors of the Islamic Development Bank (IsDB) in Baku with the head of Azerbaijan's Export and Investment Agency.