February 22, 2019

Over 19,600 villages supplied with drinkable water through pipelines

TEHRAN – Director General of the Bureau for Planning at Iran’s Water and Wastewater Engineering Company said currently over 19,600 villages across the country are being supplied with sustainable drinking water through pipelines.
February 22, 2019

Electricity generated from renewables to come into next year’s export basket

TEHRAN – Iran plans to diversify its energy exports in the next Iranian calendar year (begins on March 21, 2019), adding electricity generated from renewable sources to the export backset, IRIB reported on Thursday quoting an energy official.
February 22, 2019

IMIDRO to renovate 5,000 economic units in next year

TEHRAN- Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) intends to renovate 5,000 economic units using 100 trillion rials (about $2.38 billion) of investment during the next Iranian calendar year 1398 (starting Marc...
February 22, 2019

Above 120 companies attending intl. jewelry expo in Tehran

TEHRAN- The 11th International Exhibition of Gold, Silver, Jewelry, Watch and Related Industries is the host for more than 120 domestic and foreign companies at Tehran Permanent International Fairground from February 21 to 24, 2019, IRIB reported.
February 22, 2019

Minerals, mining exports account for 21% of non-oil exports in 10 months

TEHRAN- Minerals and mining exports accounted for 21 percent of Iran’s non-oil exports in terms of value during the first ten months of the current Iranian calendar year (March 21, 2018 – January 20, 2019), IRNA reported on Friday according to the data...
February 22, 2019

Iraq to import Iranian energy avoiding U.S. dollar: Iraqi official

TEHRAN- Iraq is close to finalize a deal for importing Iranian energy despite American sanctions by avoiding the U.S. dollar, an Iraqi official said.
February 21, 2019

Iran’s oil exports exceed expectations in early 2019

TEHRAN – Iranian crude oil exports stood higher than expected in January and are holding steady in February, Reuters reported on Tuesday citing tanker data and industry sources.
February 20, 2019

‘Industry’s priority preserving domestic production level’

TEHRAN- “The main goal and priority of industry ministry is preserving the current level of domestic production,” Iranian industry minister announced in a news conference in the southern province of Kerman on Wednesday.
February 20, 2019

Each 50MW wind farm creates 44,000 jobs in Iran: official

TEHRAN – Head of Iran Renewable Energy Association said on Wednesday that every 50 megawatts capacity of wind farms could create 44,000 job opportunities in the country, IRIB reported.
February 20, 2019

Parliament allows oil ministry to issue up to $3b of Sukuk

TEHRAN- According to the latest ratification of the parliament, Iranian oil ministry is permitted to issue up to $3 billion of sharia compliant bonds, known as Sukuk, Shana reported on Wednesday.
February 20, 2019

Non-oil exports to Russia up 8.5% in 10 months on year

TEHRAN- Iran’s value of non-oil exports to Russia has risen 8.5 percent during the first ten months of the current Iranian calendar year (March 21, 2018- January 20, 2019), Mehr news agency reported on Wednesday.
February 20, 2019

Above 1.5m TEUs of cargos loaded, unloaded at Shahid Rajaee Port since last March

TEHRAN- More than 1.564 million TEUs of cargos have been loaded and unload at Iran’s largest container port, Shahid Rajaee, since the beginning of the present Iranian calendar year (March 21, 2018), the Director General of Ports and Maritime Department...
February 20, 2019

Condensate to be sold at IRENEX on Feb. 25 for 2nd round

TEHRAN- The second round of offering gas condensate of South Pars gas field will be done at Iran Energy Exchange (IRENEX) on February 25, National Iranian Oil Company (NIOC)’s representative in IRENEX, Amir Hossein Tebyanian, announced on Tuesday.
February 20, 2019

Majlis approves exempting next year’s securities from tax

TEHRAN- The Iranian parliament (Majlis) on Tuesday gave approval to exempting the securities that will be issued in the next Iranian calendar year 1398 (begins on March 21, 2019) from tax, IRNA reported.
February 19, 2019

S. Korea ships in over $100m worth of Iranian oil in Jan.

TEHRAN – After a five-month hiatus, South Korea imported $101.2 million worth of Iranian crude oil in January, Yonhap reported on Tuesday citing Korea Customs Service data.
February 19, 2019

Heads of research institutes, technology centers, laboratories gather in IPPI

TEHRAN –Heads of Iranian Universities’ central laboratories and research and technology institutes gathered together on Tuesday at Iran Polymer and Petrochemical Institute (IPPI) for the third round of an annual conferences to discuss various issues re...
February 19, 2019

35,000 barrels of crude oil sold at IRENEX in fifth offering

TEHRAN- National Iranian Oil Company (NIOC) sold 35,000 barrels of light crude oil at Iran Energy Exchange (IRENEX) at the base price of $52.25 per barrel for the fifth time on Monday, IRIB reported.
February 19, 2019

Japan to continue oil imports from Iran: envoy

TEHRAN- Japan’s new ambassador to Tehran said his country will continue importing oil from Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) published on Tuesday.
February 18, 2019

Annual conference on resistance economy held in Tehran

TEHRAN- The fifth annual resistance economy conference started operation at Iran University of Science and Technology on Monday, IRIB reported.
February 18, 2019

Tehran to host FUELEX 2019 on Feb. 21-24

TEHRAN – The 2nd International Exhibition of Fuel Stations and Related Industries (FUELEX 2019) is due to be held during February 21-24, at Tehran Permanent International Fairgrounds, IRIB reported.