China’s Customs Office put the trade exchanges between Iran and China in the first five months of the current year (January to May 2024) at about $6.0 billion.
IRAN Feed Atom
While at the beginning of the 13th administration taking office, the country’s oil selling capacity stood at 300 thousand barrels per day it rose to 1.8 million barrels per day a year and a half later.
Head of Central Bank of Iran (CBI), Mohammad Farzin, says that Iran has registered the highest rate of economic growth in the region.
Iranian minister of petroleum, Javad Owji, says that Iran’s oil exports have risen by threefold since the 13th administration took office three years ago, adding no government in the U.S can stand in the way of Iran’s oil production and exports regardless of who takes power in Washington.
Iranian Minister of Petroleum, Javad Owji, has said that over the first three years of the 13th administration in office, 150 oil industry projects, worth 34 billion dollars, have become active.
Iran’s acting president Mohammad Mokhber says that Pakistani officials are expected to closely pursue implementation of unfulfilled deals including Iran-Pakistan gas pipeline project (IP) expressing Iran’s readiness for cooperation to remove the hurdles.
The National Iranian Oil Company (NIOC) has signed 2 separate contracts for the purchase of crude oil processing services which is obtained by using skid mounted systems.
NIOC and MAPNA Oil and Gas Development Company have signed a contract for development of Bande Karkheh oil field with in place oil reserves of 980 million barrels.
Changuleh oil field development contract was signed today between the National Iranian Oil Company (NIOC) and Oil Industry Engineering and Construction Company (OIEC).
Iranian Oil Minister Javad Oji says the South Pars phase 13 Alpha platform is ready to start gas extraction, Shana reported.
An 1800MW solar panel production line is going to be inaugurated in Iran in the near future, an energy expert told IRNA on Saturday.
Tehran and Moscow reviewed their past 3 years of economic cooperation, comprising all the interested bilateral issues, in the framework of the Iran-Russia Economic Cooperation Joint Commission, reaching good deals with regard to developing new oil fields in Iran.
Iran’s economy grew by 5.7 percent in the fiscal year ending in late March 2024, marking the highest growth since 2017, according to the Statistical Center of Iran (SCI).
Iran’s deputy oil minister said that 75 percent of the gasoline produced in the country complies with EUR 4 and 5 standards.
The volume of bilateral trade between Iran and Russia increased by 48 percent during the first quarter of 2024 when compared with corresponding period last year.
Iranian Minister of Petroleum Javad Owji who is visiting Moscow has said that the two countries will continue expanding bilateral relations.
Iran joins BRICS mechanism for first year, enriching China-Iran strategic partnership. BRICS Foreign Ministers' Meeting in Nizhny Novgorod, Russia, highlights cooperation.
Iran’s oil sector growth stood at 20.3 percent last year, consequently played a significant role in gross domestic production (GDP) growth, helping the overall economy to become larger.
The Yadavaran shared oil field’s development plan launched on Wednesday with the aim of boosting oil production by 42 thousand barrels per day.
Iranian Minister of Petroleum, Javad Owji, says the South Pars phase 13 Alpha platform is ready to start gas extraction.