IRNA

Households, businesses responsible for 76% of Iran’s gas use

The head of dispatching operations at the National Iranian Gas Company (NIGC) says that households and businesses have accounted for some 76% of the country’s total natural gas consumption.

Energy

Iran’s 10-month agrifood exports up 22% YOY

Iran’s agricultural and food exports rose by 22% in the 10 months to late January comparted with the same period last year, according to spokesman for the Trade Promotion Commission of Iran’s House of Industry, Mine and Trade Rouhollah Latifi.

Agriculture and Environment

Iran’s ten-month steel exports grow 21% YOY

Iran has exported over $6.2 billion worth of steel products in the ten months leading to January 20, posting a 21% growth compared with the same period last year, the Iranian Steel Producers Association (ISPA) has said.

Mine and Industry

Iran’s oil output hits five-year high: Bloomberg

A recent report by Bloomberg says Iran has set a five-year record in oil production in 2023.

Energy

IMF puts Iran’s 2023 economic growth at 5.4%

The International Monetary Fund (IMF) has announced that Iran’s economy grew by 5.4% in 2023.

Macro Economy

Iran, Saudi Arabia to launch direct shipping line

Iran and Saudi Arabia plan to set up a direct shipping line between Kangan, in southern Iranian province of Bushehr, and the Saudi eastern province of Dammam, in a bid to boost trade between the two countries.

Transportation

Iran’s cement exports hit 10.5 million mt in March-Nov

Iran exported 10.5 million metric tons (mt) of cement to 25 countries, including Iraq, Kuwait, Afghanistan, Pakistan, and Syria, over the nine months to November 21, 2023, an industry source has said.

Mine and Industry

Iran’s second largest carmaker reports decline in output

The latest data related to the production of automobiles in Iran shows that Saipa, the second-largest carmaker in the country, saw a decrease in its output in the nine months to late December.

Mine and Industry

Iran nine-month steel exports exceed 9 million mt

The latest report from the Iranian steel producers’ association says that the country’s exports of steel have surpassed nine million metric tons (mt) in the nine calendar months to September 22.

Mine and Industry

Iran’s eight-month exports to Iraq tops $6.2 billion

Iran’s export to Iraq has exceeded $6.2 billion in the eight Iranian calendar months to November 21, showing a 30% growth compared to the same period last year, according to an official with the knowledge of the matter.

Trade