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Iran Energy Economy Review: June 2019 (2)

20 September 2019
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Inflation rate increases in Iran
Iran discloses amount of investments approved for projects in Razavi Khorasan province
Iran’s National Development Fund: No limit for supporting private sector projects
Iran to hold 3rd national hydrology forum in Tabriz
Iran looks to inject liquidity in power, water-related projects
Iranian banker: EU should either buy oil from Iran or create financial channel
Rouhani predicts economic growth for Iran
Iranian official reveals country’s economic figures for 5 years
Exports of only 7 types of Iranian goods worth over $1B
Investments worth $70 million be made in Iran's Special Economic Industrial and Mining Zone
Iranian official: Gov't has no intention to abolish current currency exchange rate
Iran discloses revenues not returned to country's economy
Iranian scientist: sanctions - best opportunity to expand work of knowledge-based companies
Minister discloses amount of foreign investments approved in Iran
Iran to increase imports at special economic zones

Banks & insurance

Loans worth over $14M issued to industrial enterprises in Iran’s Mazandaran province
Iran national digital currency is good for familiarization purpose - official
Central Bank of Iran's policies play important role in USD rate stability
Iranian Banks to privatize their properties and assets
Iranian banker: Amount of interbank transactions exceeds liquidity volume 10 times


Cut-glass producing plant to be built in Iran’s Ardabil province
Iran discloses number of projects to implement in Bushehr province
Iran allocates official foreign currency rate to Mihan dairy company
Iranian official: 5M tons of mining materials can be extracted annually from Qazvin mines
Iran's Chadormalu pellet plant to increase production up to 4 million tons
Iran's factories have difficulty in release of raw materials from customs
Big Iranian companies produce over 3.4 million tons of steel ingots
Iran discloses volume of steel products exported by big companies
Iran increases production of sweets, chocolate
Iran Alumina Company renews its production record
Tough times for Iran's home appliances market
Iran eyes to produce 800,000 tons of copper concentrate


30,000 tons of grapes harvested in Iran's Sistan & Baluchestan province
Iran's fruit exports to decrease
1.2 million tons of date harvest expected in Iran in current year
Export of agricultural products from Iran’s East Azerbaijan province grows
Iran to cut oil seed imports by 50%
Increase in potato prices to be investigated in Iran
Iran's forecast on cotton harvest
Iran discloses volume of tea purchased from tea growers
Over 600,000 tons of wheat to be bought from farmers in counties of Iran's north
Iran eyes to produce 860,000 tons of meat


Iran's petrochemical exports face difficulty in China and India
CO2, CO3 emissions drop to zero at 6, 7, 8 phases of Iran’s South Pars Gas Complex
Iranol interested to export base oils to Azerbaijan
Iran's oil minister reacts to oil sale during sanctions
Iran's Shazand Oil Refinery announces tender to buy pocket conveyor belt
Iran's third oil offering ends with no trading
Iran to cut budget dependency on oil
Iran's biggest gas storage center launches in Sarakhs
Iran to increase volume of refined crude oil
National Iranian Drilling Company reveals work statistics for Q1 this Iranian year
Iran's oil processing potential reaches 2.15 million barrels per day
Iran to offer gas condensate for sale at energy exchange
Loading & unloading of oil products via Iran’s Chabahar port grows 69%
Increase of refineries in Iran to compensate for oil sanctions?
How will Russia pay to Iran for oil?
Iran to increase volume of refined crude oil
Iran foils smuggling attempt of about 7M liters of fuel oil
Iran runs oil extraction plan in Ilam province with Russian contractors

Alternative energy sources

Iran aims hit record in hydroelectricity production this summer
Iran discloses volume of electricity generated through alternative energy sources


Cargo transshipment by Iranian vessels via Turkish ports exceeds 2 million tons in May
Iranian companies seek to buy plane, yielded no results
Iran – Russia transportation deal effects the region
Russian Minister: Railways of Azerbaijan, Russia & Iran to be connected
Azerbaijani company to invest in Jolfa-Aslan Duz Railway project in Iran
Tehran-Van train departs from Iranian capital
Iran discloses number of Peugeot 301 cars to be produced till end of March
No significant decrease in number of foreign flights in Iran’s airspace
Iran’s major carmaker companies to be sold to private sector
Iran discloses value of products exported through Astara railway
Iranian Cabinet of Ministers permits import of cars worth over $40,000

Foreign economic relations

Iran holds negotiations over power ties with Azerbaijan and Caspian Sea neighbors
Russia, Iran to jointly construct thermal power plants
Iran, North Caucasus to reduce trade tariffs on 800 items
Iran, Afghanistan agree upon share of Hirmand River
Number of Iranian companies increases in Turkey
Trade turnover between Iran and Azerbaijan growing
Iran exports $1.1M worth of beauty products to UK
Iran launches DSS and flood and drought alarming system in Aras river in 2021
Trade turnover between Iran and Azerbaijan may exceed $600M

Foreign trade

Deputy FM: Over 95% of Iran's trade turnover accounts for neighboring countries
Non-oil exports via borders of Iran's East Azerbaijan province up by 81%
Companies producing cryptocurrency to be cut off electricity in Iran
Iran exports over 19,000 tons of dates within a month
Iran exports metal products worth over $1B to Iraq
Iran discloses volume of goods exported to Qatar
50% of Iran non-oil exports were to neighboring countries in 2018
Illegal trade volume in Iran reaches $12.5B
Exports of Iran's Hormozgan province doubles
Export of Iranian products up
Iran’s gas production, exports, imports figures for last month revealed
Iran discloses volume of goods exported through Mazandaran province
Iran's exports via its Yazd province reach almost $100M in 2 months
Iran's exports up by 125%
Exports of Iran's Hamadan province expected to reach $1.3B
Goods worth $32M exported from Iran’s Golestan province
Iran discloses volume of non-oil items exported through Astara customs
90% of Iran’s trade carried out by sea
Iran discloses volume of non-oil items exported through Astara customs

Nuclear program

Europeans warn Iran against reducing nuclear deal commitments
Official: Iran to firmly take second step within JCPOA
EU calls Iran to fully implement nuclear deal
JCPOA commisison to discuss Iranian nuclear deal on June 28
Iran's uranium production grows fourfold
Iran renews nuclear pact ultimatum amid tensions with U.S.
Iran to soon exceed enriched uranium limit under nuclear pact
Anti-Iranian sanctions not discussed at meeting on nuclear deal — Russian senior diplomat