Press TV

Iran’s exports up 19% YOY

Latest figures by the Iranian customs office (IRICA) show that non-oil exports from the country rose significantly in the 10 months to December compared with the same period last year.

Trade

Iran targets $6-7 billion worth of steel exports in fiscal 2022-23

Iran aims to meet a target of $6-7 billion in steel exports in the year to March as the country ramps up domestic production amid a tight international market where demand for Iranian steel has kept rising.

Mine and Industry

Official puts Iran’s daily natural gas output at 1.04 bcm

Iran’s daily natural gas output has reached over 1 billion cubic meters (bcm), according to a senior official in the National Iranian Oil Company (NIOC).

Energy

Iran buys five planes to boost domestic air fleet

Iran has taken delivery of five second-hand planes to boost the fleet size of its domestic airlines amid sanctions that have effectively barred the country from purchasing brand new aircraft.

Transportation

Iran becomes world’s 7th top steel producer in November

Iran moved up three places in the global ranking of top steel producers to seventh position in November with a total output of 2.9 million metric tons (mt), according to a report published in the local media.

Mine and Industry

Iran halts gasoline exports as domestic demand surges

An Iranian Oil Ministry official says the country has halted taking new orders for exports of gasoline as domestic demand for the fuel rises to all-time highs.

Energy

Minister puts Iran’s oil output at 3 million bpd

Iran’s oil production has reached 3 million barrels per day, Minister of Petroleum Javad Owji says.

Energy

Russia’s VTB bank launches transfer services to Iran

Russia’s second largest bank the VTB has launched a first transaction service involving the Russian rouble and Iranian rial, according to reports published in the Russian media.

Financial Markets

Iranian delegation to visit India for final talks on Chabahar

Iran’s Ports and Maritime Organization (PMO) says it will send a delegation to India within the next week for final talks on India’s long-term presence in Iran’s port of Chabahar.

Transportation

Iran’s economy grows 3.6% in Q3: Chief banker

Central Bank of Iran (CBI) Governor Ali Salehabadi says the country’s economy grew by 3.6% in the quarter to September 22.

Macro Economy