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Renault to remain in Iran despite risk of US sanctions
According to France 24, Renault CEO Carlos Ghosn told its shareholders on Friday that they will not abandon Iran even if they have to downsize their activities very strongly. “When the market reopens, the fact of having stayed will certainly give us an advantage,” he was quoted as saying by France 24.
 12:35 - 18/06/2018 - Comments : 0More >>
Iran’s oil production up 6,000 bpd in May: OPEC
According to OPEC’s latest monthly report published on June 12, oil production in Iran stood at about 3.829 million barrels per day (bpd) in May, an increase of 6,000 bpd from 3.823 million bpd in April, based on secondary sources. The OPEC’s report also announced Iran’s oil output based on direct communication. It said the country’s oil production in May reached 3.806 million bpd, a 2,000 bpd increase from 3.804 million bpd in April. Meanwhile, the report put the country’s heavy oil price at $72.15 in May, an increase of $5.59 or 8.4 percent from $66.56 in April.
 12:31 - 18/06/2018 - Comments : 0More >>
Copper anode, cathode output increases in 2 months
Production of copper anode and copper cathode in Iran rose 39 percent and 28 percent, respectively, in Iran during the two-month period from March 21 to May 21 in this year from the same time of the past year. As Shata news agency reported, some 45,274 tons of copper anode and 32,464 tons of copper cathode were produced in the two-month time of this year
 12:25 - 18/06/2018 - Comments : 0More >>
Over $10.6b allocated for renewing road transport fleet
Iran allocated a maximum of $10.66 billion funding for renewing the country’s road transport fleet, IRNA reported referring to the data announced by the country’s Budget and Planning Organization. As reported, a total of 19,000 gas-powered inter-municipal buses, 9,000 suburban diesel buses, 126,000 trucks with various capacities and 48,500 minivans will be renewed using the allocated fund.
 12:23 - 18/06/2018 - Comments : 0More >>
Iran ready to set up IMO technical co-op offices in region
Iran is ready to establish technical cooperation offices of the International Maritime Organization (IMO) in the region, the country’s Port and Maritime Organization (PMO) Head Mohammad Rastad announced. Rastad made the remarks in a gathering to celebrate World Maritime Day in Szczecin, Poland from May 13 to 15, the portal pf PMO reported.
 12:19 - 18/06/2018 - Comments : 0More >>

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