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Iran to construct Phase 2 of BIPC
General: Oil Minister Zanganeh reported on plans to build the second phase of Bandar Imam Petrochemical Complex (BIPC) situated in Khuzestan...
Iran, Indonesia to boost economic ties
General: Indonesian ambassador to Iran said trade turnover between Tehran and Jakarta, which stood at $338 million in 2016, could rise to a ...
Iran to sign 10 new oil contracts: oil Min.
General: Serious negotiations to sign 10 new contracts have started, broke the news Iranian Oil Minister Bijan Zanganeh on Monday, according...
Minister predicts signature of 10 new oil contracts
General: He explained according to the negotiations with the other sides, it is predicted that around 10 contracts will be convened until th...
Iran ready for swapping 0.5 m barrels of oil a day: Official
General: Iran is ready to transfer 500,000 barrels of oil from the Caspian Sea countries per day in the form of swap deals, an official in I...
Time needed for oil swap resumption in north oil terminal
General: Minister of Petroleum Bijan Zangeneh says resumption of oil swap in north oil terminal in Mazandaran will take time, depending on o...
Export capacity reaches 8mn bpd at Iran’s largest oil terminal
General: IOTCO head said preparation of nine docks at Kharg oil terminal have increased its export capacity to approximately eight million b...
Exports to Somalia up by 38%
General: Iran’s Trade Promotion Organization announced that volume of Iran’s exports to Somali had risen by 38 per cent in the previous Iran...
Iran owns world’s largest tanker fleet
General: while noting that Iran possessed the largest tanker fleet in the world, expounded on plans to renovate and expand the existing squa...
Iran exports 24mn barrels of gas condensate
General: Iran deployed nearly 24 million barrels of gas condensate to Asian and European countries.
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