IRNA

Kyrgyzstan says in talks with Iran over oil supply to refinery

Kyrgyzstan plans to relaunch its Zhongda oil refinery in the city of Kara-Balta within two years, using oil provided by Iran, Russia and Kazakhstan, Kyrgyz Chairman of Cabinet of Ministers Akylbek Japarov has said.

Energy

“Iran, Russia carrying out 90% of bilateral trade in national currencies”

The share of national currencies in commercial transactions between Russia and Iran has increased to 90 percent, according to the head of Russia’s Federation Council Committee on the Budget and Financial Markets.

Financial Markets

Russian cargo in Iranian port for transshipment to Saudi Arabia

A Russian cargo train has reportedly arrived in the port city of Bandar Abbas in southern Iran where the cargo is to be transshipped aboard ships to continue its journey to Saudi Arabia.

Transportation

Iran’s H1 foreign trade tops $54bn

Iran’s foreign trade surpassed $54 billion during the April-September period, witnessing a 4.84 percent growth compared with the similar period in 2022, Head of the country’s Customs Administration Mohammad Rezvanifar has announced.

Trade

New project adds 16 million liters to Iran’s daily diesel output

A newly launched diesel processing project has increased Iran’s diesel production by another 16 million liters per day.

Energy

Iran’s H1 customs revenues up 67% YOY

The Islamic Republic of Iran’s Customs Administration (IRICA) has reported a significant growth of 67% in total customs revenues in the six months to late September, saying receipts reached 805.27 trillion rials, or around $1.6 billion.

Macro Economy

Iran recovers pre-pandemic transit system with Turkmenistan

Foreign trucks have started carrying out direct travels into Iran from two joint borders between Iran and Turkmenistan over the past few days, according to a local official at the bordering province of Khorasan Razavi.

Trade

Iran economy grew by 6.2% in first quarter: CBI

The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).

Macro Economy

Iran’s five-month seafood exports up 32% YOY

Iran’s seafood exports has witnessed a 32% year-on-year growth both in terms of value and tonnage in the five months to August 22, according to a senior official with Iran Fisheries Organization.

Iran Economy

Iran regains position as third-largest OPEC producer

Iran has produced as much as 3 million barrels per day (bpd) of crude oil in August to regain its position as the third-largest crude oil producer among OPEC member countries, according to the latest OPEC data.

Energy