Archive For The “Bussiness” Category

Report: Iran’s petrochemicals export increases by 6.5%

Report: Iran’s petrochemicals export increases by 6.5%

Director General for export development department of Trade Promotion Organization Masoud Kamali Ardakani said on Saturday that petrochemicals and minerals export in year 1396 (2017-2018) increased 6.5 percent with amount of around 47 billion dollars. According to the Customs statistics, petrochemicals export with exclusion of gas condensates had 8 percent decrease with amount of around…

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Iran’s oil export hit 2.1 mbd in March 2018

Iran’s oil export hit 2.1 mbd in March 2018

Exports volume for Iran’s crude oil stands at two million and one hundred thousand barrels per day (mb/d) in March 2018. The figure is expected to increase in April 2018. China and India are the largest buyers of Iranian crude, with more than one million barrels in total. The figure is expected to reach nearly…

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Iran’s South Pars’ sour gas output to increase 56 mcmd

Iran’s South Pars’ sour gas output to increase 56 mcmd

Iran‘s rich sour gas production in the supergiant South Pars Gas Field in the southern Iranian province of Bushehr will increase 56 million cubic meters per day in the year to March 2019, said the managing director of Pars Oil and Gas Company (POGC). Mohammad Meshkinfam noted that Iran extracted an average of 550 million…

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Iran to receive 2 more ATR planes

Iran to receive 2 more ATR planes

Iran will receive 2 more ATR airplanes on Friday, bringing the number of ATR72 delivered to Iran by the western company to 8, a source in Iran Air told Mehr News Agency on Friday. Iran Air will take delivery of two ATR 72-600s at Tehran’s Mehrabad Airport on Friday. Two ATR72-600 aircrafts will be shipped…

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Report: Bright future ahead of Iran tourism

Report: Bright future ahead of Iran tourism

By: Maryam Azish. A 2017 report by World Travel and Tourism Council also indicated promising improvements in the country’s tourism industry. Iran’s tourism industry is considered as the most affordable prices in the world for foreign visitors. A biannual report published by the World Economic Forum (WEF) gave Iran a score of 66.6 in terms…

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Iran export 266,000 bpd oil to India on November 2017

Iran export 266,000 bpd oil to India on November 2017

India, the world’s No. 3 crude oil consumer, received about 266,000 barrels per day (bpd) of oil from Iran in November, according to a review of tanker arrival data from trade sources and numbers available on Thomson Reuters Eikon. For April-November, the first eight months of this fiscal year, India shipped in about 427,200 bpd,…

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“Iran This Way” signed contract with Turkish “Valstur”

“Iran This Way” signed contract with Turkish “Valstur”

Iran This Way signed contract with Turkish ValsTur for cooperation on Iran-Turkey tourism serveries. Iran This Way’s CEO Sadeq Hosseini, Ata Ehmirari technical director, Mohammad Ehmirari business advisor and Majid Nozohour project director(in Turkey) and Valstur CEO’su Baki Özarslan ,Bekir Büyük business advisor and  Cenap Parim technical director held meetings in Istanbul crown plaza hotel…

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President Rouhani inaugurated Chabahar port to intl. trade corridor

President Rouhani inaugurated Chabahar port to intl. trade corridor

Iran has launched the first phase of a strategic southeastern port which it expects to open a multi-modal trade corridor connecting India to Central Asia. The first phase of Shahid Beheshti International Port in Chabahar, Sistan-Baluchestan Province, was inaugurated by President Hassan Rouhani during a ceremony also attended by officials and dignitaries from 17 countries….

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Iran to sign first FLNG deal with Norway

Iran to sign first FLNG deal with Norway

Iran, the world’s biggest gas reserve holder (33.5 trillion cubic meters, 18 percent of the total) has increased its gas output significantly and is targeting an output of 1 bcm/d by March 20, 2018. Iran prefers to export liquefied natural gas (LNG) to distant markets including the EU, but no agreement has yet been reached…

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Iran signs deals with Danish, Austrian banks

Iran signs deals with Danish, Austrian banks

Iran broke the 15-year spell of not obtaining any finance from European banks by signing major deals with Austrian and Danish banks to secure funding for its development projects. The contracts were signed in the Austrian capital of Vienna by an Iranian banking delegation which included representatives of 14 domestic banks headed by Mohammad Khazaei,…

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