Tasnim News

SP Gas Field Phase 11 platform successfully installed

The platform of phase 11 of the South Pars Gas Field was installed in the Persian Gulf by the expert engineers of the National Iranian Oil Company (NIOC).

Energy

Iran’s Q1 foreign trade hits $26.5 billion

The Islamic Republic of Iran Customs Administration (IRICA) released the country’s foreign trade statistics in the first quarter of the current Persian calendar year of 1402 (March to May), according to which, the value of Iran’s export of non-oil commodities reached $12.5 billion.

Trade

Iran to inaugurate 64 oil projects by March 2024: Minister

Iran’s oil minister on Saturday said 64 semi-finished and new projects, valued at $14.5 billion, will become operational and construction operations of 15 projects, valued at $14.3 billion, will begin by the yearend.

Energy

Iran, India agree to establish joint committee for enhancing agricultural cooperation

The deputy agriculture ministers of Iran and India agreed on organizing the first joint Working Group for bolstering agricultural cooperation between the two countries.

Agriculture and Environment

Iran’s 2022 exports to ECO members at $13 billion

Iran exported $13 billion worth of products to the Economic Cooperation Organization (ECO) member states in 2022, the president of the Islamic Republic of Iran Customs Administration (IRICA) said.

Trade

Iran eyes setting up joint free zones with neighbors

Establishing joint free zones with neighboring countries is atop the agenda in the current administration of Iranian President Ebrahim Raisi, an official said.

Trade

Iran, Russia finalizing draft agreement on strategic cooperation

Iranian Foreign Minister Hossein Amirabdollahian unveiled plans to finalize the draft agreement on comprehensive and strategic cooperation with Russia within the next month.

Trade

Iran works on linking national power grid to Russia, SCO states

Iran is working on a major project to link its national power grid with Russia and other members of the Shanghai Cooperation Organization through a transmission line in the east of the Caspian Sea, an official said.

Energy

Russia says working on oil, gas swap deals with Iran

Russian Deputy Prime Minister Alexander Novak said talks are underway with Iran on plans for oil and gas swap deals as the two countries eye closer cooperation to counter the foreign sanctions against their energy exports.

Energy

Venezuela says received third Iranian oil tanker

Venezuelan President Nicolas Maduro says the country has received a "advanced" oil tanker from Iran as part of a bilateral arrangement, as Tehran and Caracas’ collaboration in numerous industries grows.

Trade