Economy Archives | صفحه ۹۷ از ۱۲۷
Petropars to complete Azadegan Oilfield development
TEHRAN, Jul. 20 (MNA) – The Petroleum Engineering and Development Company (PEDEC) has signed a contract with Petropars Group for completing the development of South Azadegan joint oilfield. The contract to complete the development of South Azadegan field was signed with the aim of increasing the daily production capacity of the field to 320,000 barrels […]
‘Iran-China to have long term coop. in oil sector’
TEHRAN, Jul. 20 (MNA) – Iranian oil minister on Monday informed that under the framework of the 25-year comprehensive cooperation road map, Iran and China will collaborate on the oil sector in the long-run. As Bijan Namdar Zanganeh told reporters that Iran is ready to sign a similar cooperation road map with all countries. Referring to […]
Sistan, Baluchestan exports 54k tons of cement to Afghanistan
TEHRAN, Jul. 18 (MNA) – Head of Road and Transportation Department of Sistan and Baluchestan Ayoub Kord said on Saturday that as of March 20, 54,000 tons of cement have been exported to Afghanistan from the province. The consignment has been transported via 2,056 cargoes of trucks through Milak joint board in the said time, […]
Export of Iranian products to UAE hits 8% growth in Q1
TEHRAN, Jul. 18 (MNA) – The Director General of Arabic-African Affairs Office of the Trade Promotion Organization of Iran said that Iran’s export of products to the United Arab Emirates in the first quarter of the current year increased about 8%. Farzad Piltan put the value of products exported from Iran to the UAE in […]
Professor Hanke’s suggestion to make rial a credible currency
Tehran (ISNA) – Iranian rial plumbed new lows against the Dollar in the recent days. For discussing the reasons for this performance and the ways to stabilize the currency market we’d asked professor Hanke for a commentary. Steve Hanke is a Professor of Applied Economics at the Johns Hopkins University in Baltimore (USA). He is […]
NIOC, local firm sign contract on Yaran oilfield development
TEHRAN, Jul. 11 (MNA) – The National Iranian Oil Company (NIOC) has signed a contract with Persia Oil and Gas Industry Development Company (POGIDC) for the development of Yaran joint oilfield, near the Iraqi border. The document was signed on Saturday morning in a ceremony held in Tehran in the presence of Iranian Oil Minister […]
Iran’s trade with neighboring countries goes ahead amid COVID
TEHRAN, Jul. 11 (MNA) – Spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said Iran has established trade and business ties with all neighboring countries except two countries amid the coronavirus global pandemic. Speaking in an interview with IRNA on Sat., Seyyed Rouhollah Latifi reiterated that the country has established trade ties with […]
Chabahar Port’s place in Iran’s “looking to the East” policy
TEHRAN, Jul. 10 (MNA) – The strategic port of Chabahar in southeastern Iran has a special place in the country’s “looking to the East” strategy and can link India to Central Asia, the Caucasus, and the Persian Gulf littoral states. Chabahar Port as Iran’s only ocean port on the Makran coast is not only important […]
Iran to Run Desalination Plants in 17 Provinces
TEHRAN (Tasnim) – Iranian Energy Minister Reza Ardakanian said feasibility studies have been launched to supply 17 provinces across the country with desalinated water from the sea. In remarks on Tuesday, Ardakanian said his ministry has devised serious plans to carry out seawater desalination projects in 17 provinces. He noted that feasibility studies have begun […]
Oil Prices Mixed as Virus Spike Casts Shadow Over US Demand
EghtesadOnline: Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while US benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States. Brent crude rose 18 cents, or 0.4%, to $42.98 a barrel after a […]