IRNA

Iran’s largest gas field recruits nearly 3,000 new workers

As many as 2,970 local people were recruited in South Pars Gas Field in southern Iran, the country’s largest gas reserve and one of the largest in the world, over the past Iranian calendar year to March 21, a local official said.

Energy

Moscow welcomes Iran’s presence in Russia’s dairy market

Russia welcomes the active contribution of Iranian companies to the fish and dairy market of the European country, a Russian official said.

Mine and Industry

Iran announces major cabinet reshuffle

Iran’s Government Spokesman Ali Bahadori Jahromi says that the head of the Planning and Budget Organization and the agriculture minister have been replaced in a reshuffle in the economic team of the cabinet.

Iran Economy

India’s imports from Iran nearly doubled YOY in Jan-Feb

Figures by the Ministry of Commerce and Industry of India shows the Asian country’s imports of goods from Iran nearly doubled year-on-year in the first two months of 2023.

Trade

Iranian carmakers raise prices by nearly 30%

Iranian automotive companies have raised the prices of their products by an average of 29%, according to the CEO of Iran’s second largest carmaker Saipa.

Mine and Industry

Iran, Russia discuss implementation of INSTC corridor

Senior officials from Iran and Russia have explored ways to implement the strategically important International North-South Transit Corridor (INSTC).

Transportation

Iran-EU trade tops €400 million in January

European Union’s exports to Iran increased 7% year on year in January 2023 while trade exchanges between the two sides exceeded €400 million over the same month, according to figures by EU’s statistical office the Eurostat.

Trade

Abadan Refinery expansion project inaugurated

Iranian President Ebrahim Raeisi has inaugurated a new expansion project in the country’s flagship Abadan Refinery.

Energy

Official puts daily gas condensate output of South Pars Field at 700,000 barrels

Thirteen refineries of the South Pars Gas Field produce more than 700,000 barrels of gas condensates per day, according to an official with the knowledge of the matter.

Energy

Iran, EAEU sign free trade agreement

A long-awaited free trade agreement was signed between Iran and the Eurasian Economic Union (EAEU) in Tehran on Thursday.

Trade