Press TV

Iran renews swap deal with Armenia to double gas supply

Iran will double its natural gas supply to Armenia under an extended gas-for-electricity swap deal that will run until early 2031.

Energy

Iran, Russia sign four economic cooperation documents

Iran and Russia have signed four new cooperation agreements as part of efforts to deepen energy and economic ties between the two countries.

Macro Economy

Iran takes another step to link Chabahar Port to Zahedan

Iran’s transportation ministry (MRUD) says construction works for the first phase of a key rail link to the ocean port of Chabahar has finished.

Transportation

Iran’s non-oil exports top $28.4 billion in 7 month

IRICA data published on Saturday showed that Iran’s non-oil exports reached a total of $28.406 billion in the seven months to October 22, up by 5.6% compared with the same period last year.

Trade

Iran to supply 40 gas turbines to Russia

Iran has signed a contract with Russia to supply it with 40 turbines to help its gas industry amid Western sanctions, Shana news agency reports.

Energy

Official report puts Iran’s September inflation at 42.9%

The Iranian government’s statistics agency has reported a slight increase in the country’s inflation rate in the calendar month to September 22.

Macro Economy

21.7% of Iranian steel exports bound for Iraq in six months

Iraq was the largest customer of Iran’s overseas steel shipments in the six months to September 22, according to figures by Iran’s state-run mining and metals holding IMIDRO.

Mine and Industry

Iran’s H1 aluminum output grows 22.5% YOY

Iranian aluminum smelters have reported a major surge in their output in the first half of the calendar year starting late March, according to figures by Iran’s state metals and mining holdings IMIDRO.

Mine and Industry

Iran’s annual agricultural output at 57.5 million metric tons

Iran’s agricultural output reached a total of 57.5 million metric tons (mt) from some 12 million hectares of farmlands over the calendar year to late March.

Agriculture and Environment

Iran expects huge olive harvest this year

Iran’s agricultural output reached a total of 57.5 million metric tons (mt) from some 12 million hectares of farmlands over the calendar year to late March, according to figures by the Statistical Center of Iran (SCI).

Agriculture and Environment