Economy

Speaking after a meeting with Ukrainian Energy and Coal Industry Minister Igor Nasalyk on Monday, Zanganeh said that Iran's offer to start cooperation with Ukraine is supplying oil to the country.He said Ukraine's refining capacity is low, so it imports oil derivatives.The Minister said Ukraine enjoys efficient transfer network and …

Referring to ample cases of fire in Iranian oil and petrochemical industries over recent weeks, Zanganeh said in a directive his ministry will be more sensitive towards HSE observation by the oil industry units.Zanganeh made the remarks in a directive posted on the website of the Ministry of Petroleum.1420**2050 www.irna.ir

Talking to reporters upon arrival in Baku, Vaezi said he is visiting Azerbaijan to arrange preliminaries for the imminent visit of President Hassan Rouhani to the Republic of Azerbaijan.He made clear that the tripartite meeting of Iranian, Russian and Azeri presidents in Baku will focus on economic subjects.He hoped that …

Nematzadeh made the remark in his address to a ceremony to mark the 50th Anniversary of Establishment of the National Iranian Gas Company (NIGC).Nematzadeh said in the first few months of the current Iranian year, there were several counts of foreign investment in Iran.He noted that many gas industry equipment …

Secretary General of the Chamber of Commerce, Industries, Mines and Agriculture Masood Ghassemi told IRNA that the delegation, led by a Kazakh governor general of Kazakhstan, visited Alborz Province.He said Kazakhstan is the biggest economic and political power in Central Asia, enjoying highest trade ties with Iran.He noted that cultural, …

In an exclusive interview with IRNA here, senior international affairs correspondent of a major Indian media group “the Sahara India Media” Miss Arti Bali said, 'The relations between India and Iran have entered into a new chapter with the Chabahar Port project, increased Iranian crude oil import and lifting of …

Zangeneh made the remarks on the sidelines of a ceremony on the occasion of the 50th anniversary of foundation of National Iranian Gas Company (NIGC).Once the contracts are ratified, he said, the executive phases of the contracts would be finalized.Petroleum minister reiterated that in the first round of the international …

President Rouhani made the announcement here Monday at a ceremony on the occasion of the 50th anniversary of foundation of National Iranian Gas Company (NIGC).As the phases 18, 19, 20 and 21 of the South Pars gas field come on stream, the country will produce daily 140 million cubic meters …

The minister made the remarks here on Monday when addressing a gathering to celebrate 50th establishment ceremony of National Iranian Gas Company (NIGC).He said that 300 million cubic meters of gas per day will be added to country’s gas production upon the implementation of South Pars phases.He also said that …

Oil Ministry Deputy for International and Commerce Affairs Amir Hossein Zamaninia told IRNA on Monday that in the next few weeks Iran will offer a number of projects to world companies in form of various contracts.He said the contracts will be offered in such frameworks as buybacks, IPC, engineering and …