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Iranian Finance

  •  Iran’s largest container port being prepared for mega-ships: Official

    Iran’s largest container port being prepared for mega-ships: Official

    Sep 30, 2020 03:06

    Very large container ships with capacities of up to 22,000 20-foot equivalent unit containers (TEU) would be able to dock at Iran’s Shahid Rajaee port on the Persian Gulf coast by March, says Iran’s chief maritime and port official.

  •  Iran to provide household access to 5G broadband by February: Minister

    Iran to provide household access to 5G broadband by February: Minister

    Sep 27, 2020 14:27

    Iran’s telecoms minister Mohammad Javad Azari Jahromi says household access to fifth-generation (5G) broadband service will begin in the country by February 2021.

  •  IRGC begins construction of first all-Iranian petroleum refinery

    IRGC begins construction of first all-Iranian petroleum refinery

    Sep 24, 2020 11:25

    Iran’s Islamic Revolution Guards Corps (IRGC) begins constructing the first all-Iranian petroleum refinery in the southern Iranian port city of Bandar Abbas, vowing that it will not allow the American sanctions to halt any development project in the country.

  •  Iran’s half-year gas consumption at 104 bcm: NIGC

    Iran’s half-year gas consumption at 104 bcm: NIGC

    Sep 23, 2020 15:05

    Iran’s natural gas consumption reached 104 billion cubic meters (bcm) in the first half of the current calendar year ending September 21.

  • Iran’s metals exports topped $8.4bn in year to March: Report

    Iran’s metals exports topped $8.4bn in year to March: Report

    Sep 21, 2020 15:20

    Iran saw its exports of metals grow in the year ending late March 2020, shows a report, as the country keeps earning more from the sector despite US trade bans.

  •  Works to begin soon on linking Iran power grid to Russia, Azerbaijan

    Works to begin soon on linking Iran power grid to Russia, Azerbaijan

    Sep 18, 2020 00:42

    Iran, Russia and Republic of Azerbaijan are close to starting works on a project to link their power systems, shows a report, as Tehran seeks greater access to regional energy markets to export its surplus electricity.

  • Iran sees a big change in mining with gold prospecting

    Iran sees a big change in mining with gold prospecting

    Sep 16, 2020 09:28

    Iran has staked out 1,000 promising gold prospects which are thought to help carve out a niche as important as steel in the country’s mining sector, an official says.

  • Iran to sign $2.2 billion deal to develop Farzad gas field: Zangeneh

    Iran to sign $2.2 billion deal to develop Farzad gas field: Zangeneh

    Sep 15, 2020 11:31

    Minister of Petroleum Bijan Zangeneh says Iran will sign a deal worth $2.2 billion to develop the offshore Farzad B gas field.

  •  Iran replaces contractor for key railway project reaching Iraq

    Iran replaces contractor for key railway project reaching Iraq

    Sep 09, 2020 12:02

    The Iranian government has picked up a new contractor for construction of a key railway extension into the Iraqi territory with sources saying that the bidder would provide full finances worth 100 million euros for the project.

  •  Iran’s giant field reaches 650,000 bpd production plateau

    Iran’s giant field reaches 650,000 bpd production plateau

    Sep 08, 2020 11:35

    Iran is currently producing 650,000 barrels per day of condensate from its giant South Pars gas field, which is mainly used in the Persian Gulf Star Refinery, a senior energy official says.

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