0623 GMT September 24, 2018
IMIDRO to launch projects worth $3.7b by mid-March, 2019
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will launch $3.7 billion worth of projects by March 20, 2019.
South Korean August imports of Iran top 55,000 bpd
In August, South Korea imported 232,723 tons of Iranian crude, or 55,028 barrels per day (bpd), customs data showed on Saturday.
Iran exports over 4m tons of condensate in five months
Iran exported 4.17 million tons of gas condensate worth $2.17 billion during the first five months of the current Iranian year (March 21-August 22), the Iranian Customs Administration data showed.
Iran: Saudi Arabia, Russia have taken oil market 'hostage'
Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage” as US President Donald Trump seeks to impose fresh sanctions on Iranian oil sales.
Russia approves draft law on EEU-Iran free trade deal
The Russian government said on Saturday that it had approved a draft law for ratification of the provisional free trade deal between the Eurasian Economic Union (EEU) and Iran, which is now the subject to parliamentary approval.
Official: Iran to sue ATR over breaking deal
Iran will file a lawsuit against the Franco-Italian turboprop planemaker ATR over breaking its contract with Tehran under US sanctions, a senior Iranian lawmaker said.
Japan buyer loads Iranian oil cargoes for October arrival
A Japanese buyer loaded oil cargoes from Iran for arrival in early October, market sources said.
Iran, Finland to boost agricultural cooperation
Iran and Finland signed five documents to enhance their cooperation in the sector of agriculture.
US may waive sanctions for Indian-developing Iranian port
The US is reportedly considering granting a waiver to the Iranian port of Chabahar that would permit trade there despite the return of US sanctions against trading with Iran.
Iran: Oil market too tight for US zero export target
The US will find it difficult to cut Iran’s oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, a top Iranian official said on Friday.
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