Boeing representatives are currently in Tehran, discussing the US planemaker’s planned sale of commercial aircraft to Iran, an Iranian minister says.
The 2.2-million-barrel floating oil storage unit (FSU) came on stream in Soroush oil region.
Iran’s sponge iron production has grown considerably in 2016 amid dwindling global output.
Iran plans to increase its oil swap capacity in the Caspian Sea and other regions, Deputy Petroleum Minister for International Affairs Amir Hossein Zamani Nia said. He made the remarks at the first international conference on “Rail-Ports and Rail-Oil” in Tehran.
Iranian Minister of Industry, Mines, and Trade Mohammad Reza Nematzadeh, who is in Berlin, said major German automakers have determined to resume their activities and investment in Iran’s market.
The first ever agreement to develop and optimize Iranian oil refineries has been inked with South Korea’s SK Energy.
A Third Mines and Mining Industries Exhibition (Minex 2014) opens in Tehran with some 90 foreign companies taking part.
With the world having learnt who will steer Iran’s government in the next four years, a large number of foreign firms have once again lined up to enter the county’s 80-million-strong market, with the French car producer Peugeot and oil giant Total standing at the forefront of the queue as usual.
An Iranian official says besides international conferences, Iran’s mining sector needs to work on its imperfect infrastructure and data systems to attract international investors.
Iran’s Ministry of Industry has announced that Iranian mineral products and industries accounted for 16.5% of the country’s non-oil exports last year.