open-iran

Meeting of ECO senior officials kicks off on Sunday

Economic Cooperation Organization (ECO)’s senior officials’ meeting (SOM) with Pakistani Foreign Secretary Aizaz Ahmad Chaudhry in the chair, started operation in Islamabad on Sunday to discuss improvement of cooperation and trade linkage among the

Petchem exports from Iran hit $10b since last March

Iran has exported 19 million tons of petrochemical products worth $10 billion since the beginning of the current Iranian calendar year (March 20, 2016), National Petrochemical Company (NPC) Managing Director Marziyeh Shahdaie announced on Sunday.

Exports via railway jump 55% in 11 months

Exports of goods via railway increased 55% in Iran during the first 11 months of the current Iranian calendar year (March 20, 2016-Februray 18, 2017), compared to the same period of time in the previous year, IRNA quoted a railway official, Hossein

New Zealand’s economic delegation due in Iran on Saturday

An economic delegation from New Zealand to be led by the country’s Minister for Primary Industries Hon Nathan Guy will arrive in Tehran on Saturday to discuss reinforcing ties with Iran in agricultural domains especially in dairy sector, Iran's Amba

Iranian, French auto part companies sign joint-venture deal

Iran’s Rise Investment and Strategy Extension Company (RISECO) and France’s Mecaplast Group signed a joint venture deal on manufacturing auto parts, IRNA reported on Friday.

Exports of oil products hit unprecedented 450,000 bpd

Iran has exported 450,000 barrels per day (bpd) of oil products for the first time on average during the current Iranian calendar year, ending March 20, 2017, IRNA quoted an oil official as saying.

Iran eyes purchase of 12 Sukhoi Superjet 100

Iran confirmed its intention to buy 12 Russian-made Sukhoi Superjet 100 in the near future, announced Russian Energy Minister Alexander Novak.

WB: Policy uncertainty threatens trade growth

Political uncertainty is slowing trade growth, a World Bank (WB) report concluded, indicating that the rise of Donald Trump may already be casting a shadow over the global economy.

Laying of Iran-Oman-India pipeline imminent: SAGE

An official with New Delhi-based South Asia Gas Enterprise Pvt. Ltd. (SAGE) said that the implementation of the project to lay an undersea gas pipeline for exporting Iran's gas via Oman Sea and Indian Ocean to India is imminent.

Tehran, Belgrade stress energy, mining co-op

Iran’s ambassador to Serbia Hossein Molla-Abdollahi and Serbian Minister of Energy and Mining Aleksandar Antic in a Friday meeting in Belgrade underscored both countries’ interest in developing common mining and energy bonds, IRNA reported on Saturda

Total still determined to contribute to Iran’s SP project: NIOC head

The managing director of National Iranian Oil Company (NIOC) has said that French oil company Total is determined for contribution to the development project of phase 11 of Iran’s South Pars gas field, Shana reported.

First shale oil deposit found in Iran: official

The first shale oil reserve containing over 2 billion barrels of light crude has been discovered in Iran.

Iran sells crude oil at $51.44 per crude oil in a week

Iran sold its light crude oil at $51.44 per barrel in the week ended on February 10, with $1.57 decrease from its previous week, IRNA reported on Sunday.

Belarus joins Iranian oil buyers’ club

Three months after Belarusian president’s announcement of oil talks with Iran in October 2016, the country has bought its first oil cargo from Iran.

Iranian airliner to buy Fokker engines from Rolls Royce

Iranian airliner Aseman has reached an agreement with British Rolls Royce for buying Fokker aircraft engines, Tasnim news agency reported on Friday.

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