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China Delivering 3 New Ships to Iran
TEHRAN (FNA)- Iran is expanding its sea cargo fleet, Managing-Director of the Islamic Republic of Iran Shipping Lines (IRISL) Mohammad Hossein Dajmar said Sunday, adding that China has built three new ships for the country's shipping sector.

Iranian Shipbuilder: Aframax Oil Tanker Ship Ready for Delivery to Venezuela Soon
TEHRAN (FNA)- Managing-Director of Iran Marine Industrial Company (an affiliate of Sadra group of companies) Salman Zarbi announced on Sunday that construction of the first Iran-made Aframax oil tanker ship is complete and the giant vessel will be ready for delivery soon. ( 18:57:39 - 2013/05/12)

Minister: Sanctions Lower Iran's Dependence on Oil, Increase Non-Oil Exports
TEHRAN (FNA)- The sanctions and restrictions imposed by the West on Iran's economy have caused a sharp reduction in Tehran's dependence on oil revenues, and encouraged the country to increase exports of non-oil products, Iranian Minister of Industry, Mines and Trade Mehdi Qazanfari said on Sunday. ( 15:30:04 - 2013/05/12)

Tbilisi to Host Iran-Georgia Economic, Industrial Cooperation Conference
TEHRAN (FNA)- The first conference and exhibition of Iran-Georgia economic and industrial cooperation is scheduled to be held in Georgia's capital early in July. ( 15:22:51 - 2013/05/12)

Iran to Ink Contract on Exploration of Shale Oil, Gas Layers
TEHRAN (FNA)- The National Iranian Oil Company (NIOC) Director for Exploration Hormoz Qalavand announced that the country will start exploration of unconventional oil and gas deposits in near future. ( 14:52:50 - 2013/05/12)

Iran Drills 7 Smart Oil Wells
TEHRAN (FNA)- Managing-Director of the National Iranian Oil Company (NIOC) Ahmad Qalebani announced that the country's engineers have managed to drill 7 smart oil wells for the first time in Iran. ( 14:35:53 - 2013/05/12)

Official: Iran's Daily Gas Production Rising by 100mcm/d
TEHRAN (FNA)- Iran's gas production will rise by 100 million cubic meters per day (mcm/d) this year (started March 21) after launching the South Pars gas field phases 12, 15 and 16, head of the National Iranian Oil Company (NIOC) Ahmad Qalebani said. ( 13:47:14 - 2013/05/12)

Iran, Tajikistan Keen to Broaden Trade Ties
TEHRAN (FNA)- Iranian and Tajik officials in a meeting explored avenues for the further expansion of bilateral ties and mutual cooperation, specially in the field of trade. ( 13:28:37 - 2013/05/12)

Iran, Indian Province Eager to Increase Trade Cooperation
TEHRAN (FNA)- Iran is interested in boosting trade and economic cooperation with India's Andhra Pradesh province, Iranian Consul General in Hyderabad Hassan Nourian said. ( 13:07:20 - 2013/05/12)

Official: Iran to Produce 38% of Middle-East's Petrochemical Products by 2015
TEHRAN (FNA)- Iranian petrochemical plants will have a 38 percent share of the Middle-East's petrochemical production in less than two years, a senior trade official announced. ( 17:11:53 - 2013/05/11)

Iran's Top Trade Official, Chinese Xinjiang Delegation Meet in Mashhad
TEHRAN (FNA)- Vice-Chairman of Iran's Chamber of Commerce Gholam Hossein Shafeyee and a trade delegation from China's Xinjiang province explored avenues for closer trade ties between Iran's Northeastern province of Khorassan Razavi and Xinjiang. ( 15:57:21 - 2013/05/11)

India Willing to Invest in Iran's Port Development Projects
TEHRAN (FNA)- Tehran and New Delhi are in talks over the latter's investment in Iran's port development projects, Iranian Deputy Minister of Road and Urbanization Seyed Ataollah Sadr said Saturday. ( 14:28:47 - 2013/05/11)

Official: Iran Ready to Help Iraq in Agriculture, Industry
TEHRAN (FNA)- Iran is ready to provide assistance to Iraq in the fields of agriculture and industry, an Iranian official said. ( 14:22:58 - 2013/05/11)

Minister: Iran's Oil Industry on Road to Self-Reliance
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi announced that the country is moving on the road to self-sufficiency in meeting the oil industry's needs to equipment. ( 11:36:36 - 2013/05/11)

US Congressional Research Service Questions Effectiveness of Sanctions on Iran
TEHRAN (FNA)- The Congressional Research Service, a nonpartisan research arm of the US Congress, questioned the efficacy of the US-led sanctions on Iran, and acknowledged that Tehran has been able to adjust to sanctions economically. ( 15:19:24 - 2013/05/10)

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