Economy

The export of crude and gas condensates hit 3.050 million barrels per day in February 20-March 20 2017.The share of crude is 2.265 million barrels per day and the remaining is related to gas condensates. The Asian countries like China, India, Japan and South Korea as well as European countries …

He made the remarks during his speech at the Iraq Energy Forum 2017.The official said Baghdad is in serious talks with Tehran on joint use of oil fields in the two country’s borders.He called for improvement of relations with neighboring countries to diversify the country’s oil and gas revenues.Iraqi oil …

Iran has shown interest in purchasing 100 Russia’s medium-haul Sukhoi Superjet 100 (SSJ100) passenger planes, but the agreement has only been reached regarding 12 aircraft as of the moment, the Sputnik News Agency quoted Novak on Saturday.'We are working out with our Iranian partners supply of our Sukhoi Superjet 100 …

Halal tourism is a subcategory of tourism which is geared towards Muslim families who abide by rules of Islam. The hotels in such destinations do not serve alcohol and have separate swimming pools and spa facilities for men and women.President Rouhani made the remarks on Thursday eveningin a meeting with …

Meghri is a town in southern Armenia, located in the Syunik province, near the border with the Islamic Republic of Iran along Aras River.At least $ 3 million is to be invested in the first year at the 32-hectare Meghri Free Trade Zone.Some 120 foreign investors are to invest between …

President Rouhani made the remarks simultaneous with the inauguration of some development projects on infrastructure, health, medical treatment, telecommunications, ports, industry and agriculture through video conference at Anzali Free Trade Economic Zone. “Countries such as Turkmenistan, Kazakhstan, Russia and Azerbaijan are among our neighbors and we can broaden cooperation with …

He made the remarks on the sidelines of a visit to South Pars projects in the southern province of Bushehr.Zangeneh told reporters that in the new Iranian year (which bgan on March 21), big developments and historic events will take place in the country’s oil industry.He said that phases 12, …

The Customs Office said that Iran’s non-oil export was $ 246 million more that what the country imported. It noted that for the first time after 37 years, the figure of $ 924 million of positive trade balance was registered last year. The most important export item in 2016 included …

“FATF agreement is not merely economic, but this agreement bears political commitments some of which are against Iran’s strategies and policies,” Naqavi Hosseini said. He reiterated that FATF has a special sensitivity and surely all its dimensions should be discussed. “The decision-making bodies should comment about Iran’s joining the FATF, …

The cooperation agreement to manufacture air ambulances was signed between the Industrial Development and Renovation Organization of Iran (IDRO) and the Russian Helicopters Company during a meeting on Monday between Mansour Moazami, Deputy Minister of Industry, Mines and Trade and Chairman of IDRO, and the head of the Russian Helicopters …