Oil Minister: Iran to Produce Approximately 100mcm/d of Natural Gas by Mid-March

Economy - Iranian Oil Minister Bijan Namdar Zanganeh underlined that production of natural gas in Iran’s South Pars gas field will increase to 100 million cubic meters per day (mcm/d) by the end of the current Iranian calendar year (ending on March 20, 2015).

Economy - Iran's thermal and hydroelectric power plants generated 224,795 Gigawatt-Hours (GWh) of electricity since the start of the current Iranian calendar year (March 21), the Energy Ministry announced.
Economy - Iran produced approximately 262,000 tons of Aluminum ingot in the first nine months of the current Iranian calendar year (March 21- November 22), Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said.
Economy - Iran's Southwestern Province of Khuzestan exported nearly $900mln of non-oil commodities to neighboring Iraq in the first nine months of the current Iranian calendar year (March 21-November 22), a provincial official said.
Economy - Iran's Vice-President for Science and Technology Sorena Sattari said the country can cut the dependence of its economy on crude revenues.
Economy - Iranian Petroleum Minister Bijan Nambar Zangeneh says no clear estimates could be provided on the future of oil prices, which have witnessed a severe slump in recent months.
Economy - The Iran Mercantile Exchange (IME) said that around $330mln of various commodities weighting over 622,000 tons were traded in its trade and exports halls in the last working week of 2014 (December 27-31).
Economy - The International Monetary Fund (IMF) predicted a prosperous economic year for Iran in 2015.
Economy - The Iranian Energy Ministry announced that the country's hydroelectric power plants have generated over 11.5 million MW since March showing nearly 1.9 percent of growth in comparison with the same period last year.
Economy - Iranian Energy Minister Hamid Chitchian underlined Tehran's readiness to cooperate with Yerevan in different areas, specially in energy and economic sectors.
Economy - Iran exported over 19,133,000 tons of various commodities to China with the total value of $5.979bln in the first eight months of the current Iranian calendar year (March 21- October 22).
Economy - Iran will soon resume exports of petrochemical products to Europe after a several-year cease due to the US-led sanctions.
Economy - Iranian Economy Minister Ali Tayyebnia and Pakistani Oil Minister Shahed Khaqan Abbasi signed an agreement to resume Iran's oil exports to Pakistan after a three-year suspension.
Economy - French automaker PSA Peugeot-Citroen is holding negotiations to resume its activities in Iran, two years after they were halted due to the West’s sanctions against Tehran.
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