August 21, 2019

Industrial unit establishment permits up over 24%

TEHRAN- Issuance of permits for setting up industrial units in Iran increased 24.1 percent in the first four months of the current Iranian calendar year (March 21-July 22), IRNA reported citing the data released by the Ministry of Industry, Mining and ...
August 21, 2019

Iran’s nominal electricity generation capacity touches 85GW

TEHRAN – The nominal capacity of electricity generation at Iranian power plants has reached 84,795 megawatts [84.795 gigawatts (GW)], IRNA reported on Wednesday.
August 21, 2019

New 100,000t SPM system installed in Siraf port

TEHRAN – Iran's Fajr Jam Gas Refinery has installed a new 100,000-ton single-point-mooring (SPM) system near Siraf Export Terminal in southern Bushehr province, Shana reported on Wednesday.
August 21, 2019

62 power supply projects operational in Government Week

TEHRAN - Head of Tehran’s Power Distribution Company said 62 power supply projects are going to be inaugurated in the city on the occasion of the Government Week (August 24-30).
August 21, 2019

Over $554m of FDI approved for industry, mining, trade projects in 4 months

TEHRAN- Some $554.4 million of foreign direct investment (FDI) has been approved by the Ministry of Industry, Mining and Trade during the first four months of the current Iranian calendar year (March 21-July 22).
August 21, 2019

Over 60m tons of goods loaded, unloaded at Iran’s ports since March

TEHRAN- loading and unloading of goods at ports of Iran has exceeded 60 million tons since the beginning of current Iranian calendar year (March 21), the portal of the Roads and Urban Development Ministry reported quoting the minister as saying on Tues...
August 21, 2019

Rouhani issues directive on supporting oil and gas industry’s downstream sector

TEHRAN –President Hassan Rouhani has passed a directive on supporting oil industry’s downstream sector to the oil ministry, Shana reported on Wednesday.
August 20, 2019

Iron ore concentrate output exceeds 15mt in 4 months

TEHRAN- Production of iron ore concentrate in Iran during the first four months of the current Iranian calendar year (March 21 – July 21) reached 15.903 million tons, registering a three percent rise compared to the same period last year, IRNA reported.
August 20, 2019

Iran’s 4-month steel ingot production up 4% yr/yr

TEHRAN – The output of Iran’s 10 major steel ingot producers reached 6.863 million tons in the first four months of the current Iranian calendar year (March 21-July 22), indicating a four percent increase compared to last year’s same period.
August 20, 2019

Several oil and gas projects to be inaugurated in Government Week

TEHRAN – Several development projects in different sectors including oil, gas and energy are to be inaugurated on the occasion of the Government Week (August 24-30), Government spokesman Ali Rabiei said on Monday.
August 20, 2019

‘Iran won’t wait for India on Farzad-B gas project’

TEHRAN – Iran is not going to wait for India on developing Farzad-B gas field and soon the project will know its operator, deputy head of the National Iranian Oil Company (NIOC) said, ISNA reported on Friday.
August 20, 2019

Iran to repair Afghanistan’s power plant turbines

TEHRAN - Iran is going to repair two turbines at Afghanistan’s power plants in the near future, head of Iran Power Plant Repairs Company, Einollah Salehi, said.
August 20, 2019

Tehran, Moscow in talks to set up Caspian Sea ferry line

TEHRAN - Tehran is in talks with Moscow over plans to establish a ferry service across the Caspian Sea that would link Iran with Russia’s Dagestan, RT reported.
August 20, 2019

Shalamcheh-Basra railway project to start soon: RAI head

TEHRAN - Managing Director of the Islamic Republic of Iran Railways (known as RAI) said Shalamcheh-Basra railway project will be commenced in the upcoming months, IRNA reported.
August 20, 2019

Iran, Turkmenistan to establish direct shipping route

TEHRAN – Iran and Turkmenistan have reached an agreement for establishing a direct shipping route between the two countries, ISNA reported on Monday, quoting the Iranian Transport and Urban Development Minister Mohammad Eslami as saying.
August 20, 2019

Iran to open business center in Ghana

TEHRAN - Iran is set to open a permanent exhibition of its products in Accra, the capital of Ghana in September, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
August 20, 2019

New records marked in Iran’s electricity sector: minister

TEHRAN – Iranian Energy Minister Reza Ardakanian said the country’s electricity sector has witnessed new records in production, exports and consumption management during the current calendar year (started on March 20), IRNA reported on Sunday.
August 18, 2019

Over €840m allocated to support domestic auto parts manufacturers

TEHRAN - The industry ministry has allocated €844 million to support the country’s auto parts manufacturers, director general of the industry ministry’s automotive and transportation industries office said.
August 18, 2019

Sinopec still negotiating to develop Iran’s Yadavaran oilfield

TEHRAN – Managing director of Iran’s Petroleum Engineering and Development Company (PEDEC) has said the company is still negotiating the second phase of Yadavaran oilfield’s development project with China's Petroleum and Chemical Corporation, known as ...
August 18, 2019

Iran-Bulgaria business forum slated for late-August

TEHRAN – An Iran-Bulgaria business forum is due to be held on August 24 in Tehran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.