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Tehran - 06:49 / GMT - 03:19

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  Economy - 0 News


Former Oil Minister Warns EU to Avoid Stubborn Attitude towards Iran
TEHRAN (FNA)- Former Iranian Oil Minister Massoud Mir-Kazzemi on Wednesday said the country can use its crude supplies as a leverage against the European Union if the EU continues its obstinate behavior towards Iran. ( 16:48:54 - 2012/10/24)



Intelligence Minister Blames Foreign Actors, Media for Currency Fluctuations
TEHRAN (FNA)- Iranian Intelligence Minister Heidar Moslehi blamed foreign actors and media for the recent fluctuations of foreign currency rates in Iran, and warned certain regional states against their cooperation with the western intelligence services in destabilizing Iran's currency market. ( 15:24:41 - 2012/10/24)



South Korea Increases Crude Imports from Iran
TEHRAN (FNA)- South Korea plans to increase its crude oil import from Iran to eight million barrels for October which is two million barrels more than what the countries had agreed before, a source said. ( 14:41:26 - 2012/10/24)



South Pars Gas Field Has 19bln Barrels of Gas Condensates
TEHRAN (FNA)- The South Pars Gas Field in southern Iran has 19 billion barrels of gas condensate reserves and 14.2 trillion cubic meters of in-place gas reserves, a senior Iranian oil official said, stressing that South Pars project is very important for Iran's oil and gas industries. ( 13:55:19 - 2012/10/24)



Iran: Petrochemical Market Unaffected by Forex Fluctuations
TEHRAN (FNA)- Iranian Deputy Oil Minister Abdol-Hossein Bayat on Wednesday downplayed the impact of foreign exchange fluctuations on the country's petrochemical market. ( 13:37:05 - 2012/10/24)



Iran Gas Exports up 5bln Cubic Meters by Mid 2012
TEHRAN (FNA)- Iran pumped more than five billion cubic meters of gas to the neighboring countries, including Turkey, over the first six months of the current Iranian calendar year (started on March 20), one percent up comparing to the same period last year, senior Iranian gas officials announced on Wednesday. ( 13:33:44 - 2012/10/24)



Iran Warns to Halt Crude Exports If Sanctions Intensify
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi said that Iran has a new plan for carrying on without oil revenues, stressing that the country will halt its oil exports if the anti-Iran economic sanctions are intensified. ( 17:30:53 - 2012/10/23)



Iran's Oil Minister: No Reduction in Iran's Crude Output
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi said that Iran's oil production has remained steady despite enemies' sanctions against the country's energy sector, adding that the country is pumping oil in full capacity. ( 17:20:05 - 2012/10/23)



Iranian Private Sector Exports over 20 Million Barrels of Crude in 4 Months
TEHRAN (FNA)- Iranian private sector activists have exported more than 20 million barrels of crude during the last four months, an oil official announced on Tuesday. ( 16:40:01 - 2012/10/23)



Minister: Iran Ready to Enhance Trade Ties with Egypt
TEHRAN (FNA)- Iranian Industries, Mines and Trade Minister Mehdi Qazanfari voiced Tehran's readiness to enhance trade ties with Egypt, and called on the Egyptian government to lift visa barriers for the Iranian businessmen who aim to travel to Egypt. ( 15:13:21 - 2012/10/23)



Over 90% of Isfahan Refinery Parts Produced in Iran
TEHRAN (FNA)- Over 90% of the parts and equipments used in Isfahan refinery in Central Iran are produced by Iranian experts in Isfahan province, a senior official of the refinery said on Tuesday. ( 12:21:04 - 2012/10/23)



Iran Produces over 10mln Tons of Steel in 9 Months
TEHRAN (FNA)- Iran has produced ten million tons of steel in the first 9 months of 2012, a report by an international body said. ( 12:17:55 - 2012/10/23)



Iran's Northwestern Province, Armenia Eying Stronger Cooperation
TEHRAN (FNA)- Senior provincial officials from Iran's Northwestern province of East Azarbaijan and Armenia's Aramavir province discussed further expansion of cooperation between the two regions, specially in agricultural fields. ( 10:50:57 - 2012/10/23)



Official: Iran's Annual GDP Growth Exceeds 4.6%
TEHRAN (FNA)- Iran's economic growth rate in the Iranian year of 1390 (ended March 19) stood at 4.67 percent, a senior Iranian official said, stressing that the country's Gini coefficient - indicating the living standards of every society - has improved since the government introduced the subsidy reforms plan in 2010. ( 19:44:21 - 2012/10/22)



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