Iranian steel mills have produced as much as 18.1 million metric tons (mt) of the mineral in the first seven months of 2013, according to an official report.
Iran has begun gas production at Phase 11 of South Pars, the world’s largest gas field, according to the CEO of the National Iranian Oil Company (NIOC).
The National Iranian Gas Company (NIGC) has renewed a contract with Armenia to increase the volume of natural gas exports to the landlocked neighboring country until 2030.
Two days after official reports about unfreezing Iranian assets in South Korea, governor of the Central Bank of Iran (CBI) says Iran’s funds in some other countries will be released soon.
Iran is expected to produce as much as 3.5 million barrels per day (bpd) by late September despite tough Western sanctions on the country, according to Deputy Oil Minister Mohsen Khojastehmehr.
A source has revealed that Iran has finally gained access to more than $10 billion worth of its funds that were illegally frozen in bank accounts in South Korea and Iraq because of alleged compliance with US sanctions.
Iranian Foreign Minister Hossein Amirabdollahian has said that the practical partnership between Iran and the BRICS group has already begun in transportation cooperation, including the International North-South Transit Corridor (INSTC).
Iranian lawmakers have approved a bill to establish the Dogharoon Special Economic Zone on the Iran-Afghanistan border.
Iran and Iraq have agreed to continue their bilateral cooperation to establish joint industrial zones and complete the Shalamcheh-Basra railway.
Iranian Gas Transmission Company (IGTC) is capable of transmitting as much as 1 billion cubic meters per day (bcm/d) of gas to different parts of the country, IGTC managing director announced.