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  Economy - 0 News


Minister: Iran's Crude Exports Hit $60bln despite Sanctions
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi announced that despite the international and unilateral sanctions against the country's oil sector, Iran's annual crude exports have reached $60bln.
 

Iran to Host 16th General Assembly Meeting of ICCI
TEHRAN (FNA)- Head of the Chamber of Commerce and Industries of Iran Mohammad Nahavandian announced that the country is due to host the 16th General Assembly meeting of Islamic Chambers of Commerce and Industries (ICCI). ( 14:56:45 - 2012/04/12)



Iran, Jordan Keen to Expand Economic Relations
TEHRAN (FNA)- Iranian and Jordanian officials in a meeting in Amman underscored the two countries' enthusiasm for bolstering bilateral ties, specially in the field of economy. ( 14:14:51 - 2012/04/12)



Serbian Minister Calls for Further Development of Economic, Trade Ties with Iran
TEHRAN (FNA)- Serbia's Labor, Employment and Social Affairs Minister Rasim Ljajic in a meeting with Iranian Foreign Ministry Spokesman Ramin Mehman-Parast stressed the necessity for the further development of economic and trade relations between the two countries. ( 13:46:45 - 2012/04/12)



20 Petrochemical Projects to Use Foreign Credit
TEHRAN (FNA)- Foreign companies will finance more than 20 petrochemical projects in Iran, senior oil ministry officials announced on Wednesday. ( 16:36:35 - 2012/04/11)



Iran Discovers 3 New Gold Mines with 16 tons of Reserves
TEHRAN (FNA)- Iran announced on Wednesday that it has discovered three new gold mines with 16 tons of proven net gold reserves, increasing the country's gold reserves to 320 tons. ( 16:00:22 - 2012/04/11)



Iran Saves $15mln in Drilling
TEHRAN (FNA)- The National Iranian Drilling Company (NIDC) Heydar Bahmani said on Wednesday that his company saved $15mln in drilling oil and gas wells in the last year through speeding up operations. ( 15:12:48 - 2012/04/11)



Oil Minister: Construction of 70 Petrochemical Projects Underway in Iran
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi announced that 70 petrochemical projects are under construction in different parts of the country. ( 14:29:55 - 2012/04/11)



Iran to Invest $50bln in Petrochemical Sector
TEHRAN (FNA)- Iran announced that it will invest a total volume of $50bln in the petrochemical sector in the next three years. ( 12:52:09 - 2012/04/11)



Iranian Oil Industry to Carry Out 380 Research Projects
TEHRAN (FNA)- The Iranian oil industry plans to carry out 380 research projects by 2015 that will cut the oil industry's reliance on foreign firms and countries remarkably, a deputy oil minister announced. ( 12:35:26 - 2012/04/11)



Iran Likely to Halt Crude Exports to Several EU States
TEHRAN (FNA)- Iran cut oil exports to Spain and is likely to also halt sales to Germany and Italy in coming days as well. ( 12:00:57 - 2012/04/11)



Armenia to Import Iranian Oil Products
TEHRAN (FNA)- Armenia has shown an interest towards importing oil products from Iran, said the Managing Director of the National Iranian Oil Products Distribution Company Jalil Salari. ( 09:43:32 - 2012/04/11)



Hinduja Bank Backs Iran Food Financing
TEHRAN (FNA)- Hinduja Group's Swiss-based private banking arm is able to continue providing financing to trading houses shipping food to Iran, its chief executive said. ( 09:41:51 - 2012/04/11)



Ahmadinejad: We Can Manage Iran If We Don't Sell Oil for 3 Years
TEHRAN (FNA)- Iranian President Mahmoud Ahmadinejad played down the effects of sanctions on Iran's oil sales, and said Tehran has reserved so much capital that it will face no problem even if it won't be able to sell a drop of oil for three years. ( 17:15:31 - 2012/04/10)



Iranian Oil Minister: Goodbye Sanctions
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi said the West's decades-long sanctions have failed to trouble Iran's up- or downstream oil industries since the country has grown self-sufficient and no one should think of sanctions any more. ( 16:44:37 - 2012/04/10)



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