• Crude steel exports from Iran up 8% in 2 months

    Crude steel exports from Iran up 8% in 2 months

    TEHRAN- Iran exported 1.3 million tons of crude steel during the first two months of the current Iranian calendar year (March 21-May 21), with eight percent rise from the figure of the same period of time in the past year, according to an industry official.

  • India Essar's Iranian oil imports rise near 5%: trade

    India Essar's Iranian oil imports rise near 5%: trade

    TEHRAN - Essar Oil, the top Indian buyer of Iranian crude, imported 4.9 percent more Iranian oil during January-May 2017 compared to a year ago, according to the private refiner’s crude and condensate imports data released by Reuters.

  • Iran’s 2-month container shipping jumps 61%

    Iran’s 2-month container shipping jumps 61%

    TEHRAN - Container shipping operated by Islamic Republic of Iran Shipping Lines (IRISL) during the first two months of the current Iranian calendar year (March 21-May 21, 2017) rose by 61 percent compared to the last year’s same period.

  • South Pars phases 17, 18 to export 1st butane consignment

    South Pars phases 17, 18 to export 1st butane consignment

    TEHRAN- The first consignment of butane produced in phases 17 and 18 of Iran’s South Pars gas field (in the Persian Gulf) will be ready for being loaded and exported in the current Iranian calendar month, Tir (June 22-July 22), according to the operator of the phases.

  • Iran, France to establish joint transport consultancy task force

    Iran, France to establish joint transport consultancy task force

    TEHRAN – Iran and France agreed on Friday to form a joint consultancy task force on transportation to accelerate cooperation in this sector, IRNA reported.

  • 3 South Pars platforms complete drilling operations

    3 South Pars platforms complete drilling operations

    TEHRAN- Drilling operations have been completed by platforms 22, 24A and 24B of Iran’s South Pars gas field (in the Persian Gulf), according to project manager Farhad Izadjoo.

  • Inflation rate stands at 7.4% in urban areas

    Inflation rate stands at 7.4% in urban areas

    TEHRAN- The Statistical Center of Iran announced that the inflation rate in the urban areas for the 12-month period ended in Khordad, the third month of the current Iranian calendar year (May 22-June 21), hit 7.4 percent, Tasnim news agency reported.

  • Iran’s exports to EU quintuple in 4 months

    Iran’s exports to EU quintuple in 4 months

    TEHRAN- Imports of EU from Iran increased fivefold during the first four months of 2017 in comparison with the same period in the preceding year, European Union’s statistics agency Eurostat reported.

  • Iran’s crude steel output up 8.8% in May: WSA

    Iran’s crude steel output up 8.8% in May: WSA

    TEHRAN- Iran’s production of crude steel stood at 1.620 million tons in May, with 8.8 percent rise from 1.565 million tons in April, according to the latest report published by the World Steel Association (WSA).

  • U.S. oil output rise drops prices: Zanganeh

    U.S. oil output rise drops prices: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has blamed an increase in the U.S. oil production for the plunge in global prices of crude oil.