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  Economy - 0 News


IRICA Lists UAE, Germany, China as Iran's Main Trade Partners
TEHRAN (FNA)- The Islamic Republic of Iran Customs Administration (IRICA) released a report in which the UAE was cited as Iran's major trade partner in the first nine months of the current Iranian calendar year (began March 20, 2008). ( 18:45:12 - 2009/01/07)



Iran Seals Deal to Plug Lower Indian Gas Oil Supply
TEHRAN (FNA)- Iran has sealed a gas oil supply deal with Singapore trader Hin Leong to cover a shortfall as an Indian contract looked likely to fall through over a pricing dispute, industry sources said on Monday. ( 20:17:49 - 2009/01/06)



Iran, Kuwait Join OPEC Peers with Supply Oil Cuts
TEHRAN (FNA)- Evidence of OPEC members implementing the group's biggest ever output cuts grew on Tuesday as No. 2 producer Iran and Kuwait told some Asian customers of bigger supply curbs, hoping to put a firmer floor under prices. ( 20:16:13 - 2009/01/06)



Iran May Boost Gas Supplies to Turkey
TEHRAN (FNA)- Iran may be able to increase its natural gas supplies to Turkey if a shortfall is created by the cut off of Russian gas supplies, an Iranian embassy source said on Tuesday. ( 19:51:34 - 2009/01/06)



Iran Makes Deepest Asia Oil Supply Cut in Years
TEHRAN (FNA)- Iran will cut oil supplies to at least two of its Asian customers by 14 percent this month, sources with the lifters said on Tuesday, the most visible sign yet of OPEC's No. 2 producer implementing deep output curbs. ( 19:47:41 - 2009/01/06)



Persian Gold to Compile Tonnage Estimate of Iran Site
TEHRAN (FNA)- Irish-based gold and copper explorer Persian Gold said it plans to complete a tonnage estimate of its Dalli interests in Iran by the end of March. ( 19:46:07 - 2009/01/06)



Oil Prices Drop after Run Higher Near $50
TEHRAN (FNA)- Oil prices fell on Tuesday as traders banked profits following a recent rally towards 50 dollars a barrel. ( 19:42:46 - 2009/01/06)



Iran will Provide More Power to Pakistan
TEHRAN (FNA)- Pakistani Water and Power Minister Raja Pervaiz Ashraf announced Iran will build a local power plant to export electricity to Pakistan. ( 19:29:22 - 2009/01/06)



Iranian Carmakers See 10% Rise in Production in 2008
TEHRAN (FNA)- The giant subsidiaries of the Industrial Development and Renovation Organization of Iran, SAIPA and Iran Khodro, posted a 10% rise in car production in 2008. ( 19:19:19 - 2009/01/06)



Hamedan Prov. to Export 50,000 tons of Potatoes
TEHRAN (FNA)- 50 thousand tons of autumnal potato will be exported abroad by the end of the year, a provincial official in the western province of Hamedan said. ( 19:13:51 - 2009/01/06)



Venezuela Hails Iran's Industrial Progress
TEHRAN (FNA)- Venezuelan Minister of Light Industry and Commerce William Contreras praised Iran's industrial progress, and said Venezuelan industry will progress with the support of Iranian experts and engineers. ( 19:13:49 - 2009/01/06)



Oil Price Rises to $48 on Israeli Genocide in Gaza
TEHRAN (FNA)- Oil prices rose sharply Monday after Israel stepped up aggression on Gaza over recent days and vowed to continue the onslaught against the defenseless people in the Palestinian area. ( 18:12:19 - 2009/01/06)



Iran to Participate in MATKA 2009
TEHRAN (FNA)- Iran is to participate in the biggest travel trade event in Northern Europe and the Baltic region, the 2009 Nordic Travel Fair MATKA. ( 17:49:37 - 2009/01/06)



Iran, Pakistan Agree on New Terms in Gas Deal
TEHRAN (FNA)- Tehran and Islamabad have agreed on a revised price formula and a new price review mechanism for Iranian gas that will be piped to Pakistan, a senior Iranian official said. ( 18:04:44 - 2009/01/05)



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