Reports say Iran has already been able to increase its oil exports to levels that existed before sanctions were imposed on the country in 2011.
The Central Bank of the Islamic Republic of Iran (CBI) says Austrian export credit agency OeKB has raised its cover for Iran transactions to 1 billion euros, the Mehr news agency reports.
Latest figures show a major rise in Iran’s oil exports to Asia in a yet another indication that the country is moving faster toward its goal a to reach pre-sanctions production levels.
Iranian Defense Minister Brigadier General Hossein Dehqan says the Islamic Republic produces every type of radar and is currently exporting the domestically-manufactured equipment to some countries.
A new report says Iran exported more than 15 million tons of locally produced cement over the last Persian calendar year (ended March 19).
Indications are growing that Russia’s trade with Iran have been on a decline over the past few months in what experts say could be a result of the warming trade relations between Iran and the West now that the sanctions against the country have been lifted.
An Iranian official says Iran is now exporting the technologies and expertise of many biological drugs to other countries.
The Islamic Republic of Iran has commenced exports of liquefied natural gas (LNG) to three African countries.
The latest market figures show that oil exports in April reached the highest level in over four years – a yet another indication that the country is regaining the share of the market it lost as a result of the sanctions at a faster pace than expected.
A new report points to Iran’s ‘need’ for additional oil tankers in its ‘aging’ fleet to handle a surge in the country’s foreign crude shipments.
Iran on Tuesday announced that it had exported 32 tons of heavy water to the United States in what could be a landmark progress in the commercialization of the country’s nuclear energy program.
Iran said on Tuesday that it sees a huge potential in cooperating with Italy over exports of food products to not only the markets of the region but also to Russia.
Iran is eyeing the Russian market for sales of its petrochemical products as prices in Europe continue to fall with lower crude and naphtha costs.
Gas flow from Iran to Turkey has returned to normal after a temporary fall in pressure at a dispatching station, officials from the two countries say.
TEHRAN (FNA)- Iran considerably increased its petrochemical exports as sanctions against the Islamic Republic have been eased in the wake of progress in talks between Tehran and the Group 5+1 (the US, Russia, China, France and Britain plus Germany).