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Financial Tribune

Iran exports tea to 20 countries

A total 3,376 tons of Iranian tea worth $3.28 million were exported to 20 countries in the first two months of the current Iranian year (March 21-May 21), according to the executive manager of the Tea Factories Syndicate.

Agriculture and Environment

Iran’s five-month trade with China up 18% YOY to $6.47 billion

Iran’s trade with its leading commercial partner, China, reached $6.47 billion in the first five months of 2022, registering an 18.1% growth compared with the corresponding period of the year before.

Trade

Iran 3rd world country in gas production

Iran ranked third in terms of gas production last year, after the US and Russia, with 256.7 billion cubic meters, according to BP’s latest annual statistical review of world energy.

Energy

Iran’s two-month trade with ECO crosses $2.4 billion

BRICS’ five member states, namely Brazil, Russia, India, China and South Africa, accounted for a third of Iran’s total foreign trade in the fiscal 2021-22, data released by the Islamic Republic of Iran Customs Administration show.

Trade

BRICS account for a third of Iran’s foreign trade turnover

BRICS’ five member states, namely Brazil, Russia, India, China and South Africa, accounted for a third of Iran’s total foreign trade in the fiscal 2021-22, data released by the Islamic Republic of Iran Customs Administration show.

Trade

Expert says Iran is at risk of another COVID peak

Iran is at risk of seeing another surge in coronavirus cases in the near future, Hamid Souri, an epidemiologist, said on Monday.

Society Economy

Iran’s annual natural gas production hits 232 bcm

The state-run National Iranian Gas Company produced an estimated 232 billion cubic meters of natural gas in the last fiscal year (ended March 20, 2022), the head of NIGC said.

Energy

Iran triples electricity imports to help offset power shortage

Iran Power Generation, Distribution and Transmission Company (Tavanir) is importing at least 700 megawatts of electricity per day from neighboring states, including Turkmenistan, Azerbaijan and Armenia, to meet the growing electricity demand.

Energy

Iran’s five-month steel output at 11.4 million tons

Iranian steel mills produced a total of 11.4 million tons of crude steel in the first five months of 2022, registering a 10.8% decline compared with the corresponding period of 2021.

Mine and Industry

Last phase of South Pars Field to be operational in September

The only incomplete phase of the South Pars Gas Field in the Persian Gulf, Phase 11, will start production in September, the oil minister said.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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