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Iran Energy Economy Review: May 2019 (1)

12 November 2019
120 AZN 70 USD 60 EUR


MP: Iran's liquidity grows by 34,000 % in last 45 years
Iranian economist: petrol prices do not affect inflation in Iran
Onions rise in price in Iran
Iranian expert: Intervention in market to result in defeat for anyone
Iran considers using coupons for basic goods
Iran’s electric power industry in need of $5B of investments
Iranian ministry: Iran’s economy entering crisis period
Iranian industry minister calls for daily monitoring of consumer goods
Governor of Iran's East Azerbaijan talks province's projects, development
Iran discloses reasons of increase in pasta, sugar and canned tuna prices
Iran discloses number of unemployed in Tehran province
Rice prices growing in Iran
Iran does not get $30B of its revenue from exports
Exports of Iran’s Ardabil Province up by 124%
Expert: Public economics in Iran can not meet social demands
Iranian expert: official rate of $1 - 42,000 rials to be gradually annulled
Iranian MP: declining value of national currency as one of main reasons for rising prices
Minister: Iran has special plan for its mining sector

Banks & insurance

Banking relations are main problem of Iran oil export
Central Bank of Iran plans counter measures for new round of sanctions
Iranian economist: Iran needs oil money
Iran's integrated foreign exchange market to help stabilize foreign exchange rate and restrict the interferences
Price of 10 foreign currencies up in Iran, according to official rate
Iran eyes to expand co-op with Austria in trade and banking
Iran's Central Bank governor talks on INSTEX and SATMA systems


19 investors attracted to industrial parks in Iran’s Qazvin province
Iranian ministry talks on development of mining sector
Iran annually exports $350 million machine woven carpets
Sanctions destroy European companies' investments in Iran's steel industry
Exports of industrial parks in Iran's Qazvin province exceed 110 million tons
Iran earns $3M in steel product exports despite US sanctions
Iranian industry minister calls for daily monitoring of consumer goods
Iran's steel company's CEO: domestic sanctions more harmful than foreign ones


Iran to harvest 18,000 tons of wheat in Charam County
Iran discloses volume of tea bought from tea growers in Mazandaran and Gilan provinces
Nomads in Iran’s Darrehshahr County produce 200 tons of wool each year
Iran’s Razavi Khorasan province exports 103,000 tons of apples
Agricultural exports of Iran's Zanjan province increase
Onion harvest starts in Dezful county of Iran's Khuzestan province
14M tons of wheat to be harvested in Iran
150M euros allocated for new irrigation systems in Iran
Iran discloses volume of garlic produced last year


All power plants in Iran to be supplied with natural gas
Is Iran going to leave OPEC?
Iran to outsource gas industry-related work to private sector
Why Iranian MPs disagree on increasing gasoline prices?
Iran continues discussions with UK’s Pergas International Consortium
Dutch envoy: Europe's private companies should be supported in Iran’s oil & gas sector
OPEC: Iran's efforts in past 40 years - example for oil industries in region
Iran signs agreement with six companies for exploration of oil fields
At least 2,500 MW from solar panels can be produced in Iran’s Kerman Province
OPEC+ can opt to reduce their collective production cuts in H219
Iran may export gas via Azerbaijan
Ex-Iranian official: many oil refineries built by taking Iranian oil into account
Iran sells 70,000 barrels of oil at IRENEX
Oil reservoirs in Pars Oil Company rise despite US sanctions
Russian, Dutch companies to use capacity of Iranian energy market
Fuel prices in Iran remain unchanged
Seven projects of Persian Gulf Petrochemical Industries Company in next two years revealed
Export of Persian Gulf holding not effected by sanctions
Iranol Oil Company boosts domestic sales of motor oil to make-up for oil exports decline
Iran selling oil at grey market - deputy minister
Iran continues producing oil from South Pars despite sanctions
US sanctions bring Iran’s oil output down by 30%
Iran energy official: Crude oil sale on gray market easier than selling oil products
MP: US can not restrict sale of Iranian petrochemical products
Volumes of Iranian gas production, export and import revealed
Fuel smuggling from Iran profitable even if price jumps 6 times - expert
Iranian National Gas Company names most important plan for next year
Iran exports petrochemical products worth over $880M
Seven percent of fuel of Iran’s Shazand refinery converted to fuel oil
IMIDRO's coal concentrate output up
Will Iranian oil prices reach $100?
Oil expert’s prognosis: Iran can export about 400,000-500,000 barrels of oil
Iran to increase gas exports to Iraq
Iran insists on ramping up oil sales to stay in nuclear pact
Iranian economist: Iran needs oil money


Iran wants to create joint railway companies with Azerbaijan and Russia
Struggle between Iran's car makers and spare part manufacturers continues
Iran aviation official talks country's airlines' dev't, possible increase of flights with Turkey
Iranian official: developing small ports is priority
Iran to increase railway transportation
Pakistan finalizing shipping plan from Karachi to Iran's Bandar Abbas
Iranian minister: cars left in plants will be put on market
Iran discloses amount required for passenger rail car repair
Iran’s Araz Free Zone awards contract for construction of railway
Iran's minister rejects idea to import second hand cars


Iranian petrochemical company announces tender
National Iranian Drilling Company announces tender to rent whipstock

Foreign economic relations

Kazakhstan looks to increase goods turnover with Iran
Iraqi official: trade between Iran, Iraq may increase up to $20B
Minister: Iran's exports to African countries - insignificant
Secretary General of Iran-Iraq Chamber of Commerce: Iraq needs Iran’s electricity
Kazakhstan, other EAEU states, Iran establish temporary free trade zone
Iran, EU still trying to overcome obstacles for launching financial channel
Iranian official: no new restrictions on Iran-Iraq trade relations

Foreign trade

Exports of Iran's Qazvin province exceed 800,000 tons
Kermanshah plays leading role in Iran's exports to Iraq - official
Special mechanism to be implemented for trade and financial operations between Iran and EU
Iran's Export Guarantee Fund talks about exports of Isfahan province
Iran's exports via borders of Mazandaran province up
Currencies obtained as result of export actively used in Iranian economy
Iran exports over 5,000 tons of millet annually
Iran discloses volume of exported products
Iran discloses 25 exporters and importers of its goods
Goods worth $81M exported from Iran’s Kurdistan province
Non-oil exports from customs of Iran’s East Azerbaijan Province up by 87%
Seven and a half tons of lobsters exported from Iran’s Gilan province
Iranian official: Export of non-oil goods drops

Nuclear program

US renews Iran sanctions waivers for nuclear work
Iran to keep enriching uranium despite U.S. move: parliament speaker
Europe reacts to Iran’s statement on its commitment under nuke deal
Iran's Zarif says Tehran not pulling out of nuclear deal
Lavrov, Pompeo to discuss US exit from crisis over Iranian nuclear deal