Russia's AvtoVaz says in talks to make cars in Iran

Tehran (KNA) - A senior Russian official says the country’s largest carmaker AvtoVaz is negotiating the assembly and sale of its cars in Iran where there is massive pent-up demand for new automobiles.

2/20/2019 4:41:00 PM

Iran to build power plant in Iraq

Tehran (KNA) - Iranian Minister of Energy Reza Ardakanian said on Fri. that Islamic Republic of Iran will build power plant in neighboring Iraq.

2/8/2019 10:54:00 PM

NIOC to issue fixed rate bonds to finance projects

Tehran (KNA) - The National Iranian Oil Company (NIOC) is planning to issue $712 million (Rls. 30 trillion) in fixed rate bonds by the end of the current calendar year to March 20 in order to finance projects aimed at maintaining and enhancing production capacity of oil and gas fields.

1/23/2019 2:12:00 PM

Japan's Fuji Oil loads first Iran oil cargo since US sanctions waiver

Tehran (KNA) - Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati says Japan has restarted importing crude oil from Iran, with Fuji Oil loading the first such cargo since the United States granted Tokyo waiver over renewed sanctions on the Islamic Republic's energy sector.

1/21/2019 9:25:00 PM

Role of ‘rial’ to be strengthened in global exchanges

Tehran (KNA) - Minister of Industry, Mine and Trade Reza Rahmani said that role of Iranian ‘rial’ would be strengthened in financial exchanges with many countries in the world and this issue is of the main macro policies of the government that should be taken into serious consideration.

1/15/2019 11:28:00 PM

€2bn worth of FDI attracted in refinery sector

Tehran (KNA) - Deputy Oil Minister for Oil Products Distribution and Refining Affairs Alireza Sadeghabadi said that €2 billion worth of Foreign Direct Investment (FDI) has thus far been attracted for the development project in Abadan Oil Refinery.

1/15/2019 11:26:00 PM