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  Economy - 3 News

Iran Reports Hike in Crude Production Capacity
TEHRAN (FNA)- Iran reported an increase in its crude oil production to 4.3 million barrels per day during the last Iranian year (March 2008-March 2009). ( 15:38:37 - 2009/08/26)

Iran to Increase Number of Private Banks
TEHRAN (FNA)- The number of Iran's private banks will reach 9 after 3 new private banks received a positive view from the Council of Money and Credit. ( 14:11:18 - 2009/08/26)

Iran Predicts Jump in 2010 Oil Demand
TEHRAN (FNA)- Iran's OPEC governor predicted oil demand will increase next year by one million barrels per day due to signs of recovery in the global economy. ( 13:00:32 - 2009/08/26)

Iran, UAE to Hold Economic Commission Meeting mid November
TEHRAN (FNA)- Iran's Foreign Minister Manouchehr Mottaki and his UAE counterpart Sheikh Abdullah Bin Zayed Al Nahyan agreed to hold the first meeting of joint economic commission in mid November. ( 12:28:27 - 2009/08/26)

Iran Discovers 8.8 bln Barrels of Oil in Sousangerd Field
TEHRAN (FNA)- Iranian Oil Minister Gholam Hossein Nozari on Monday announced discovery of 8.8 billion barrels of crude oil during2 recent drillings in the Sousangerd field in southwestern Iran. ( 17:24:18 - 2009/08/24)

Iran, Ukraine Sign Deal on Transferring Chopper Technology
TEHRAN (FNA)- Iran has signed an agreement with a Ukrainian company to transfer technology for helicopter manufacturing to the Islamic Republic, an Iranian Air Industries official announced on Monday. ( 15:09:56 - 2009/08/24)

ECO Urged to Invest in Iran-Afghanistan Railway Project
TEHRAN (FNA)- Iranian Minister of Road and Transportation Hamid Behbahani called on the Economic Cooperation Organization (ECO) to provide Afghanistan with 3 billion Euros in credit to accomplish a railway project linking the country to Iran. ( 18:37:58 - 2009/08/23)

China Keen to Join ECO Train Project
TEHRAN (FNA)- Economic Cooperation Organization (ECO) Secretary General Mohammad Yahya Ma'aroufi Sunday announced China's interest in joining the ECO's Islamabad-Tehran-Istanbul railroad. ( 17:22:25 - 2009/08/23)

ECO Train to Reach Tehran Today
TEHRAN (FNA)- A freight train, known as ECO train, which will ferry cargo from Islamabad to Istanbul via Tehran, is scheduled to arrive in the Iranian capital on Sunday. ( 14:07:12 - 2009/08/23)

Envoy: Vietnam Eager to Buy Iranian Gas
TEHRAN (FNA)- Vietnam is seeking a long term contract for buying Iranian gas, Tehran's envoy to Hanoi announced on Saturday. ( 18:28:54 - 2009/08/22)

Iran, Vietnam to Expand Economic Ties
TEHRAN (FNA)- Iranian Ambassador to Hanoi Seyed Javad Qavam Shahidi on Saturday expressed hope that Iran-Vietnam trade exchanges would undergo more growth, given the two sides' increased familiarity with each other's economic sectors. ( 18:00:01 - 2009/08/22)

Iran Completes First Engineering, Technical Project in Qatar
TEHRAN (FNA)- Iranian experts finished the country's first engineering and technical utilities project in the Qatari capital, Doha on Saturday. ( 17:58:31 - 2009/08/22)

Iran Criticizes Russian Plane Manufacturers for Delayed Undertakings
TEHRAN (FNA)- Managing Director of Iran Air Tour Company Mehdi Sadeqi expressed his deep dissatisfaction with the repeated delays shown by Russian plane manufacturing companies in fulfilling their undertakings in contracts with Tehran. ( 17:08:18 - 2009/08/22)

EU Firms Seeking Major Stake in LNG Project
TEHRAN (FNA)- Three European companies expressed interest in purchasing an 80 percent stake of Iran's liquefied natural gas (LNG) production project which is worth $4 billion. ( 14:55:01 - 2009/08/22)

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