Iran’s VP said many EU states back Iran’s $5b loan bid from the International Monetary Fund, adding that more serious efforts have been made for releasing country’s foreign exchange reserves in other countries.
The report put the growth for the country’s agriculture, industry, energy, construction, and the service sectors at 5.5 percent, 1.5 percent, and 10 percent, as well as 14.5 and 0.5 percent, respectively, for the current Iranian year.
Iran exported 5.88 million tons of finished and semi-finished steel in the first 10 months of the current Iranian year, to January 20, a 25-percent increase year-on-year
Iran is speeding up efforts for development of the renewable energy sector as latest data show that electricity generation capacity from renewables has reached 841 megawatts (MW).
the volume of products exported from Iran to neighboring Iraq over the past year at $13 billion, while about $9 billion worth of products were exported to Iraq in the first nine months of the current year (March 21 to Dec. 22, 2019).
Stating that efforts have to be expanded to implement the JCPOA, EU’s Foreign Policy Chief Josep Borrell said, “I am sorry that the European parties failed to meet their commitments under the JCPOA.”
The Iranian government has issued over 1,000 licenses for cryptocurrency mining in the country where there is potential for a crypto industry worth $8.5 billion, a report says.
Iran has launched a pilot project for extraction of rare earth after obtaining the technology for deep-level mining, the head of Iran’s largest holding in metals sector known as IMIDRO says. The achievement will create significant added value for Iran, Khodadad Gharibpour said at the inauguration of the landmark project on Tuesday. Every year, Iran…
Once the new platform D14 is ready to operate, the Phase 14 of South Pars filed will produce 50 million m3/day of sweet gas, 75,000 bpd of condensate, 400 tonnes/day of Sulfur and an annual amount of one million tonnes of LNG and Ethan.
An official with the National Iranian Drilling Company said the company’s drillings of oil and gas wells have hit over 132,000 meters during the past 10 months. According to Shana, Mohammad Al-Khamis, the company’s drilling operations deputy, said that the record was registered since the beginning of the current calendar year, which began on March…
