Iran registers a mirror company for the European special payment channel INSTEX two days before the New Persian Year that will start this Thursday.
Iran registers INSTEX mirror company for trade with Europe
South Korea's imports of Iranian oil more than quadrupled in February from a month ago, nearing levels before US sanctions on Tehran, Yonhap news agency reported Tuesday, citing government data.
Yonhap: South Korea quadruples imports of Iranian oil
Development of relations with China is a priority for Iran, the Iranian economy said on Tuesday.
Minister: Ties with China priority for Iran
The seventeenth joint economic commission of Iran and China was held in Beijing, attended by the two countries' ministers of economy on Tuesday.
17th Iran-China joint economic meeting held in Beijing
A Pakistani English news daily has reported that Pakistan is interested in importing additional 100MW of electricity from Iran using local currency for payments.
Pakistan seeking transactions with Iran in local currency
South Korean statistics show that importing Iranian oil has experienced four-fold rise in February compared with its last month.
Four-fold growth in S. Korea imports of Iran oil
Iranian Minister of Roads and Urban Development Mohammad Eslami inaugurated a 50,000-ton container dock on Negin Island in the Persian Gulf, in the southern province of Bushehr.
Iran opens new port on Persian Gulf island
Iran has an installed capacity of thermal power generation of 64 megawatts (MW) which makes the country the ninth in the world in the field, an official said, adding that there are 123 thermal plants active across the country.
Iran among top 10 thermal energy generators
OPEC and other major oil producers on Monday canceled a meeting planned for April, leaving the alliance's price-boosting production cuts in place until at least June.
OPEC cancels meeting, oil output cuts in place through June
A senior Iranian official announced that the country is now extracting more gas from the South Pars field than Qatar despite the US sanctions on Iran's energy sector and following cooperation among different relevant bodies in the country.
Official: Iran outpaces Qatar in extraction of gas from South Pars field

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