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Iran Energy Economy Review: June 2019 (1)

22 September 2019
120 AZN 70 USD 60 EUR


Iran tries to secure foreign investments
Investment opportunities in Iran's Aras Free Zone
Iran discloses products with rising prices last month
Iran imposes tax on export of dates
Iran finds new ways to return foreign currency revenues
Central Bank of Iran explains inflation control in country
Iranian cryptocurrency to be commissioned soon
Gold coin price in Iran up by 1,500% comparing to past ten years
Iranian companies to provide tires for domestic market needs
Damages of foreign exchange fluctuation to Iran's economy
Minister reveals way to save Iran’s economy
Iran to launch biggest manufacturing complex in Anzali Free Zone
Iran's parliament OKs to set up free trade zone with EEU

Banks & insurance

Iran tries to solve banking problems with South Korea
Iran reveals number of loans given for sectors of economy
Minister: Iranian banks’ additional properties must be sold till end of this year
Stable foreign exchange rate positively impacts Iran's stock market
Iran tries to solve banking problems with South Korea


Major Iranian companies produce 4M tons of iron ore concentrate
Iran discloses volume of mining materials extracted in Bushehr province
Iran discloses volume of wires exported from Semnan province
Copper cathode plant to be commissioned in Iran’s Kerman province
Iran's domestic market consumes $13B worth of mineral products
Iran's government approve supply of free bitumen to executive companies
Iran petrochemical industry to counter US sanctions


More than 300,000T of rapeseed to be harvested in Iran
Iran names volumes of wheat crops to be harvested from Gulustan province
Iran’s Bileh Savar County to harvest 6,000 tons of rapeseed
Iran's output of oilseeds expected to exceed 440,000 tons
Iran's tea output increases


Iran discloses volume of oil products exported from ports of Hormozgan province
Iran again fails to sell gas condensates via IRENEX
Monoethylene glycol phase of petrochemical plant in southern Iran 58% ready
Iran among TOP 3 petroleum exporters to Turkey
Iran looks to grow exports through diverse petrochemical products
Iran reviews plan of transportation of oil products through railroads to Yazd province
Iran to increase production capacity in South Pars phases 15,16 by 2021
Iranian Drilling Company conducts drilling operations at 10 oil wells within 2 months
2 oil wells put into operation in Iran’s Sarvestan and Saadatabad oil fields
Iranian oil minister discloses four companies' priorities
Iran to put gas condensates up for sale at IRENEX
Minister: Iran ready to provide path for energy transit for Tajikistan
Iran Chamber of Commerce intends to promote oil offering at IRENEX
SOCAR has no plans to import Iranian oil for Star Refinery
Iran’s natgas exports down year-on-year
Iran’s oil exports down by 13%, still in Top 10
Iran private sector has no role in oil offering at energy exchange
Iranian official: Iran's share in Japanese oil market is 4.7%
Iran's energy minister: We had 40 years to quit oil dependency
Iran to put light crude oil up for sale at IRENEX
Iran petrochemical industry to counter US sanctions
Will US sanctions against Iran petrochemical industry work?
Production of Iran’s South Pars Gas Complex to increase
Iranian official calls US sanctions on petrochemical industry a political show
Iran joining BTC pipeline unlikely, says official

Alternative energy sources

Renewable energy development in Iran depends on change in economic policy
Private sector investment in Iran renewable energies hits $2 billion


Over 1.5M tons of goods unloaded at Iran’s Imam Khomeini Port
Iran can't sell over 100,000 cars due to defected spare parts
Train ticket price to increase in Iran soon
Iran Railways looks to renovate 280 passenger wagons
Iranian rail transportation company to repair 280 passenger cars
India is ready to further invest in Iranian Chabahar port development project
Iran plans to build green ports
Iran may transfer domestic flights to IKIA
Iran's automaker SAIPA increases production
Iran calls for domestic production of sanctioned auto parts
Cost of travel by Tehran-Ankara passenger train revealed


Iran's NIGC announces tender to buy globe valve
Iran's NIDC announces tender to buy tubing pipes' parts

Foreign economic relations

Iran, China to implement 2 major projects in Araz Free Zone
Iran, Syria to sign contract on plant construction
Qeshm Free Zone improves Iran's trade with India, Pakistan and China
Iran, Turkey creating bilateral payment mechanism
Tajik ambassador talks relations with Iran, upcoming CICA summit
Trade turnover between Turkey and Iran down

Foreign trade

Iran discloses volume of products exported from Zanjan province
Iran exports 1,000T of tomatoes to Russia and Gulf countries
Iran discloses number of prohibited products for import
Iran exports products worth $450M with new commercial ID cards
Iran allocates $2.8B for import of essential goods
Iran Customs lifts goods export ban except diary products via Soomar boarder
Iran discloses revenues obtained from export of Damascus roses
Iran provides $8.3B for imports
Iran continues to impose tariffs on date exports
Official: 3 obstacles standing in Iran’s way for export of non-oil products
Export value of Iran's medicinal plants to reach $1B
Iran exports non-oil goods for $63M via its Astara county
Iran expected to import 1.6 million tons of rice until March 2020
Iran imports 500,000T of coal per year
Iran exports 10% of its products to Afghanistan
Iran's paper market suffering, imports have issues at customs
Iran’s Malekan County exports 5,000T of raisins
Iran's West Azerbaijan Province increases exports
Iran to export $8.5B worth of mineral products
Iran exports products worth $8.4B in 2 months
Iran imported 2,500 tons of paper
Official rejects limitation of Iran, China trade ties

Nuclear program

Russia, China condemn US’ unilateral sanctions against Iran
Iran complying with nuclear deal's key limits: UN nuclear agency