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Exports value of products from Mehran border up 69%:official

Export of products via Mehran Border to neighboring Iraq and other countries registered a considerable 69 percent growth in value. Rouhollah Gholami made the remarks in an interview with IRNA on Monday and added that 1,105,109 tons of non-oil goods were exported from Mehran Border to Iraq and other countries from March 21 to July […]

Iran’s NIOC, Russia’s Gazprom strike $40b MoU

The document was signed during an online ceremony on Tuesday by NIOC CEO Mohsen Khojastehmehr and Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee. The development of Kish and North Pars gas fields, pressure enhancement of South Pars field, development of 6 oil fields, gas and product swap, completion of LNG projects, construction of […]

IRISL earmarks 300 containers to carry cargo to Russia

With the integrated management of companies under the ownership of IRISL and in line with the goal of playing a role in implementation of goods transportation operations in North-South corridor, Islamic Republic of Iran Shipping Lines started transporting country’s goods to Russia by allocating 300 containers in the first phase. Emphasizing the need for activating […]

Russia becomes India’s second biggest oil exporter

In May Indian refiners received about 819,000 barrels per day (bpd) of Russian oil, the highest thus far in any month, compared to about 277,00 in April, the data showed, according to Reuters. Western sanctions against Russia for launching a special military operation in Ukraine prompted many oil importers to shun trade with Moscow, pushing […]

Iran, Venezuela planning 20-year cooperation map

In an interview with HispanTV, Maduro recalled that Venezuela and Iran have maintained diplomatic relations since the 1950s. However, the process of rapprochement between these countries began to accelerate and strengthen from 2001 under the impulse of Commander Hugo Chavez’s presidency. “The relationship between Venezuela and Iran is a model to follow because it expresses […]

Serbia to start negotiating gas contract with Russia Soon

“What diversification are we talking about? Only in two years will we get the completed [interconnector], the possibility for something to be supplied to Serbia from somewhere, but the question is what will be supplied, we are building the Bulgarian interconnector from our side, the Bulgarians will only announce the tender in coming days, after […]

EU commissioner calls for banning Russian oil

European Commission President Ursula von der Leyen also proposed that Sberbank, Russia’s largest bank, and two other major banks be disconnected from the SWIFT international banking payment system, according to NPR radio website. Von der Leyen said Sberbank holds around 37% of the Russian banking sector, adding that two other major banks in Russia would also […]

Huge ship docks at Caspian port in Gilan province

TEHRAN, May 03 (MNA) – A 5,000-ton ship carrying cooking oil docked in the Caspian port in the northern Iranian province of Gilan on Monday. The ship seems to have arrived from Russia.

Harvesting strawberry in Golestan province

TEHRAN, May 01 (MNA) – Farmers in the Iranian province of Golestan have started harvesting strawberries.  Strawberry is one of the agricultural capacities in Golestan province.

Iran’s Bashmaq border to become intl. logistics crossing

Turning the Bashmaq border in Marivan into international logistics crossing at a national and international level is one of the main goals of Baneh and Marivan’s Free Trade-Industrial Zone, said Hamid-Reza Bita, adding that Bashmaq Border is one of the best transit routes from east to west. He noted that turning the Marivan area into an export […]

Hungary says ready to pay in rubles to Russia: FM

Hungary is ready to pay for Russian gas in rubles, this will not be a violation of EU sanctions, Hungarian Foreign Minister Péter Szijjártó said on Monday, according to Sputnik news agency. The remarks by the foreign minister come a day after the Hungarian government spokesperson Zoltan Kovacs said on Saturday that payment in rubles for Russian […]

Iran’s frozen funds abroad to be released soon

Asked about the release of Iran’s frozen assets in foreign banks, Saeed Khatibzadeh confirmed the news and said that part of Iran’s resources will be released soon. Iranian senior diplomat added that a high-level delegation will travel to Tehran by the end of the week. Earlier on Thursday, some media reported that based on an agreement reached with some countries […]

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