Economy

During his visit to the Bushehr province, the president will launch phases 17, 18, 19, 20 and 21 of South Pars Gas Field as well as 4 petrochemical projects.He will also open the 20-billion-dollar project for production of oil from the South Pars Oil Layer and the five phases of …

President Rouhani inaugurated the phases 17, 18, 19, 20 and 21 of the South Pars Gas Field and the development project of the Field’s oil layer in the Persian Gulf region this morning.To open the mentioned phases and projects, 20-billion-dollar investment has been made.Iran’s gas recovery in the world’s largest …

The aim of inauguration of the phases 17 and 18 of the South Pars is to daily produce 56.6 million cubic meter of gas, 75 tons of gas condensate and 400 tons of sulphur. It also pursues yearly production of one million tons of ethane and 1.02 tons of liquefied …

“The sum of the registered foreign investments in Zanjan province since 2013 up to now is 433 million dollars and besides that there are non-registered investments as well,” Eta’ati said.“Many investing companies from several countries including Turkey, China, Japan, Azerbaijan, Germany,and Belgium have invested in the industries of this province …

Petroleum Minister Bijan Zangeneh said, “We are not after conflicts with any country and don’t worry about our oil sale, because the demand for Iranian oil is more than supply and we are ready to compete with others in accordance with global oil trade principles.'Zangeneh said, “We do comply with …

The Armenia’s president in the Supreme Eurasian Economic Council said that the soaring trend of business exchanges between the country and the other EAEU members is going on.Pointing to the importance of the EAEU's cooperation expansion with non-member countries, Sargsyan added that the cooperation with Iran, China, India, Egypt and …

He told IRNA that the exported goods included light and heavy hydrocarbon, construction materials, cookies and chocolates, iron ore, adhesives and color resins to Central Asian countries like Tajikistan, Uzbekistan, Kazakhstan, Iraq and the United Arab Emirates (UAE).Golmakani added that the export growth from SSEZ takes place within the framework …

He made the remarks in he tenth edition of Iran’s Exhibition of Bank, Exchange and Insurance Exhibition (FINEX) started work here on Saturday.The official pointed to the influence of Joint Comprehensive Plan of Action on Iran's economy and noted that wise diplomacy of the nuclear negotiators in particular the Foreign …

He made the remarks here in a conference dubbed as 'Introducing trade opportunities in Kenya'.Referring to old friendly relations between the two countries, Farajvand said that volume of technical and engineering services export to Kenya is $ 20 million, which by support of the government it could reach one billion …

In the 10th International Exhibition of Exchange, Bank and Insurance, Vice President for Science and Technology, Sorena Sattari said, “Iranian youth will soon replace big companies, even car manufacturers based on the fact that some of their startup companies have grown %1000.”Stressing that Iran needs a new culture for the …