Iran's crude oil exports increased by 10% this month, despite sanctions
According to the International Energy Agency (IEA), in spite of
Western sanctions, exports of crude oil from Iran have grown by 10% in
the last month, Iran News reports, referring to ISNA.
Iran reported that last Sunday the country's private companies began
their first deliveries of crude oil to foreign markets.
The head of the Association of Iranian Oil Exporters, Hassan
Hosroudzherdi, said that at the moment the private sector of the
country has a number of contracts to export oil abroad.
According to Hosroudzherdi, a consortium consisting of Iranian private
companies plans to supply to overseas markets, including the EU
countries, up to 20% of crude oil exported by Iran.
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May 23 2013 - 15:17
The IAEA will be able to supervise the nuclear activities of Iran without any hindrance, the Iranian ambassador to the IAEA, Ali Asghar Soltanieh, said.Commenting on the latest report of the director of the IAEA, Yukiya Amano, Soltanieh said the report shows that Iran's nuclear activities are successful and that the program is developing well.According to him, the bilateral cooperation between Iran and the IAEA will continue.
May 23 2013 - 09:53
Iran reduced exports of all products (except) oil to Azerbaijan, Georgia and Armenia by $45.52 million from March 20 to April 20, 2013., dropping by 11%, compared with the same period in 2012, and by 32%, compared with the previous month.Iran imported non-petroleum goods worth $3.214 million, dropping 3.6-fold.
May 23 2013 - 09:31
Ramazan Veliyev, Director General of Delta Telecom (Azerbaijan), said today that the Europe Persia Express Gateway (EPEG) was launched.TIC (Iran), Omantel (Oman), Rostelecom (Russia) and Cable & Wireless built the fiber-optic line. It connects Oman and Frankfurt through Azerbaijan, Poland and Ukraine. EPEG has a traffic of 3.2 TB/s. It is about 10,000km long.The cable will increase capacity to 15 Tb.
May 23 2013 - 07:50
Hazar, Iranian Petroleum Ministry and a set of Iranian universities will form a consortium for drilling and exploitation of 2500 oil and gas fields in the fifth five-year plan (2010-2015), Mehr reports.
May 22 2013 - 14:07
Iran has installed 700 modernized centrifuges (model IR-2M) to enrich uranium at the Natanza facility,
May 21 2013 - 09:43
Iranian Minister for Economy and Finances Shamseddin Hosseini has urged the Islamic Development Bank to play the key role in the project for transfer of hydro power from Tajikistan to Afghanistan and Iran, Trend reports.Hosseini met President of the Islamic Development Bank Ahmad Muhammad Ali at the 38th session of the council of managers and said that the three states wanted the bank to support the project.
May 20 2013 - 08:02
The Iranian budget has grown by 22% ($6.5 billion) to $595 billion by increasing construction and reconstruction expenses by 64 trillion rials and current budget by 64 trillion rials.The budget project for 1392 was presented at the parliament 3 months ago. It states reduction of income from oil sales by 40%. The budget was formed with an oil price of $95 per barrel and $1 worth 12260 rials.
May 17 2013 - 12:53
Iran plans to form two new air companies this year. The country has 18 air companies, Trend cites Hamid Reza Pehlevani, head of the Iranian Civil Aviation Organization.Iran will receive 19 new planes, including Airbus 340, Fokker 100 and other models.Fars reported in April 2012 that Iran was planning to replace 25 old planes with new models.
