Iranian President Ebrahim Raeisi has inaugurated a new expansion project in the country’s flagship Abadan Refinery.
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.
A long-awaited free trade agreement was signed between Iran and the Eurasian Economic Union (EAEU) in Tehran on Thursday.
Latest figures by the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s crude oil prices rose by an average of over $30 per barrel year on year in 2022 while its output also increased by 7% over the same period.
Iranian Minister of Industry, Mine, and Trade Reza Fatemi Amin survived a second impeachment on Monday to remain in charge of one of the country’s most economically important ministries.
In the latest update by Iranian Health Ministry on Sunday no COVID-related deaths were reported over the past 24 hours.
Iran once again registered a single-digit COVID death toll with 8 more Iranians killed by the deadly disease over the past 24 hours, Iran’s Health Ministry announced on Monday.
The value of Iran’s exports to the Economic Cooperation Organization (ECO) member countries grew by 40% year-on-year during the first five months of the fiscal year (March 21 – August 22), according to the spokesman of Iran Customs Administration.
Iran’s non-oil foreign trade grew by 19 percent last Iranian month (June 22-July 22), with exports increasing 24 percent in that period.
Some 3,588 new cases of infection with COVID-19 were found over the past 24 hours in Iran which has more than tripled compared to 1,453 new cases reported a day earlier, according to the latest update by the Iranian Ministry of Health on Tuesday.