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1st cargo of Iranian oil delivered to Belarus

1st cargo of Iranian oil delivered to Belarus

The tanker had 80,000 tons (600,000 barrels) of oil on board. The Iranian oil will be carried to Belarusian Mozyr oil refinery later to undergo processing stages, Sergey Mikhailovich Grib, Deputy General Director for Commercial Affairs of Belarusian Oil Company was quoted as saying by Rossiya Segodnya. He said that …

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Pak-Iran to resume banking transactions soon: FPCCI

Pak-Iran to resume banking transactions soon: FPCCI

The announcement was made by President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zubair Tufail.He said that in recent meeting with State Bank of Pakistan (SBP), the governor of the central bank had informed about the signing of the agreement with Iranian authorities for resuming formal banking …

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Iran to export gas oil soon

Iran to export gas oil soon

Speaking to a group of officials in Kerman Province, cwnreal Iran, Jahangiri said that once used to be an importerof diesel fuel, Iran has now become a major exporter of the product and will soon turn into an exporter of gas oil, too.Iran's joint oil fields with other countries was …

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Supreme Leader: This year marks important year

Supreme Leader: This year marks important year

“This year marks an important year for the country both because of the country’s need to a major economic vibrancy … and of the imminent presidential and rural and city councils’ elections, which are in turn of high importance,” said the Supreme Leader in an address to large groups of …

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South Pars’ Phase 20 comes to stream

South Pars’ Phase 20 comes to stream

“By opening the wells of platforms of Phase 20 of South Pars and dispatching sour gas to the refinery, gas production from this phase resumed,” Deputy Managing Director of National Iranian Oil Company (NIOC) for development and engineering Gholamreza Manouchehri said. He noted that the enriched sour gas exploited from …

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Official: Afghanistan expanding trade relations with Iran

Official: Afghanistan expanding trade relations with Iran

'Afghanistan has reduced its trade exchanges with Pakistan by half, but it is at the same time boosting its economic ties with Iran,” Haqjou said.“The value of Iran-Afghanistan trade balance hit $ 2.579 million in 2015,” he added. Haqjou noted that Afghanistan’s Chamber of Commerce put the value of trade …

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Iranians celebrating oil industry nationalization on March 19

Iranians celebrating oil industry nationalization on March 19

The oil industry was nationalized on a day like today 67 years ago during the premiership of late Dr. Mohammad Mossadegh.The colonial powers used to extract and benefit from Iran’s oil industry before nationalization of oil industry in the country.During the 1890s, research and reports were being published that Iran …

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Astana supports Tehran’s membership in SCO

Astana supports Tehran’s membership in SCO

Abdrakhmanov made the remarks in a meeting held in the Kazakh capital on Saturday evening with the Iranian Deputy Foreign Minister for Asia and Pacific affairs Ebrahim Rahimpour.The Kazakh foreign minister, in the meeting, described the economic agreements valued at one billion dollar between the two countries as important and …

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