Iran holds 1.5 billion tons of coal reservesIran holds 1.5 billion tons of coal reserves

TEHRAN – The secretary of Iran Coal Association has said the country holds 1.5 billion tons of definite coal reserves which is enough to meet the country’s needs for the next 500 years, IRIB reported on Saturday.

According to Saeed Samadi, Iran’s total coal reserves are estimated at 14 billion tons of which 1.5 billion tons are currently d

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ICCIMA, Vietnamese Embassy discuss holding Iran-Vietnam business forumICCIMA, Vietnamese Embassy discuss holding Iran-Vietnam business forum

TEHRAN – In a meeting between the acting head of the international affairs department of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and the head of the commercial office of Vietnam Embassy in Tehran, the two sides discussed cooperation for holding an Iran-Vietnam business forum in Tehran concurrent with the upcoming v

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Iran-India annual trade rises 47%Iran-India annual trade rises 47%

TEHRAN – The value of trade between Iran and India increased by 47 percent in the previous Iranian calendar year 1401 (ended on March 20), IRIB reported citing the data released by the Islamic Republic of Iran Customs Administration (IRICA).

Based on the mentioned data, the trade exchanges in the previous Iranian year, however, decreased 10 percent

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Commodities worth almost $3b traded at IME in a monthCommodities worth almost $3b traded at IME in a month

TEHRAN- During the past Iranian calendar month (ended on July 22) Iran Mercantile Exchange (IME) witnessed trade of 11,117,938 tons of commodities and 170 vehicles with a total trading value of almost $3 billion on its physical market.

As reported by the IME’s Public Relations and International Affairs Department, the exchange saw on its metals and

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NIDC digs 36 oil, gas wells in 4 monthsNIDC digs 36 oil, gas wells in 4 months

TEHRAN - National Iranian Drilling Company (NIDC) dug and completed the digging operations of 36 oil and gas wells during the first four months of the current Iranian calendar year (March 21-July 22), an official with the company said.

According to Masoud Afshar, the deputy head of NIDC for drilling operations, one of the drilled wells was

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