Economy
Wed Aug 12, 2020 2:9
Minister: Oil Ministry Supporting Domestic Manufacturers Meeting Int'l Standards
TEHRAN (FNA)- Iranian Oil Minister Bijan Zangeneh said his ministry would support domestic manufacturing by observing international standards in the oil industry.

Speaking on the sidelines of a ceremony to offer the first certificate of oil industry goods and equipment, Zangeneh told reporters on Tuesday that issuance of equipment quality certification is an important step for the development of national technology and support for domestic manufacturing in accordance with international standards.

"Today the first certificate of quality of goods and equipment of the oil industry was awarded to Iran Quality Certification Foundation. This will be an important step to develop domestic technology and support for domestic manufacturing in accordance with international standards," he added.

The Iranian oil minister said that the issuance of quality certificates for equipment and goods will open the way for the use of Iranian equipment, adding, "Iranian companies had many problems to obtain equipment quality certificates after the sanctions were imposed."

In a relevant development in late June, Zangeneh announced that the country's petrochemical income will considerably increase during the coming months.

"Petrochemical revenues will reach $25 billion by next year due to the implementation of the second leap of oil and petrochemical projects," Zangeneh addressing a ceremony held via videoconference to inaugurate three important oil projects.

He reiterated that Iran's national petrochemical income had been one billion dollar over the past two decades.

The projects include normal hexane production unit of Imam Khomeini Refinery (Shazand)-the first refinery company which started work from the early years of the 1979 Islamic Revolution-in central Iran, Goureh-Jask crude oil pipeline which increases the transport capacity to one million barrels a day on southern Iran and Miandoab petrochemical complex, which will bring 140,000 tons of growth in petrochemical products, on northwest of Iran.

He further noted that 17 petrochemical projects are planned to be inaugurated up to the end of the current Iranian year (will end on March 20, 2021).

"The projects will leap production as Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei has stressed the importance of doing so after naming the new Iranian year as 'Surge in Production'," Zangeneh said.

 

 

 

 

 

 

Bottom top
Iran ِDiscovers Deposit with 8 Tons of Gold Reserves

TEHRAN (FNA)- Iran made a gold discovery in Sistan-Balouchestan province in the Southeastern part of the country where definite reserves of 8 tons of the precious metal have been found, provincial officials said.
Iran’s Mersad, Tabas Missile Systems Target Hypothetical Enemy Drones in Drills

TEHRAN (FNA)- The Iranian Air Defense Force and Islamic Revolution Guards Corps (IRGC) Aerospace Force’s Mersad and Tabas missile systems attacked hypothetical enemy targets in joint drills on Wednesday.
Another Karabakh War Rocket Hits House at Iran’s Bordering Village

TEHRAN (FNA)- A rocket fired during clashes between the warring sides, Armenia and Azerbaijan, landed in a village house in the Northeastern bordering province of East Azarbaijan in Iran.
Karabakh Conflict: Diplomatic Efforts Underway as 2nd Truce Falls Apart

TEHRAN (FNA)- The foreign ministers of Armenia and Azerbaijan arrived in Russia to discuss their countries’ dispute over the South Caucasus region of Nagorno-Karabakh, days before heading to Washington for separate meetings with US Secretary of State Mike Pompeo, as heavy fighting over the region is in its fourth week.
US Embassy Found Guilty of Deadly Attack against Residential Areas in Baghdad

TEHRAN (FNA)- A senior commander of Hashd al-Shaabi (popular forces) said that the US embassy in Baghdad was behind the September attack against a house in the Iraqi capital which killed 5 civilians.
Rescue Officials: At Least Five Dead, 20 Wounded in Karachi Building Blast

TEHRAN (FNA)- At least five people have been killed and more than 20 wounded after an explosion in a residential building in the Southern Pakistani city of Karachi, rescue officials said.
Over 5,600 More People in Iran Infected with Coronavirus

TEHRAN (FNA)- The Iranian health ministry announced on Wednesday that 5,616 new cases of coronavirus infection have been identified across the country during the past 24 hours, adding that 312 patients have passed away during the same period.
UK Labour Accuses Johnson of 'Bargaining with People’s Lives' over Lockdown Support

TEHRAN (FNA)- Labour leader Keir Starmer accused Prime Minister Boris Johnson of “dividing communities” and pitting regions against each other in his approach to local lockdowns, arguing that areas put in the top level of coronavirus restrictions were likely to be stuck there for months.
Iranian FM Asks Arab Neighbors to Choose between Instability, Peace

TEHRAN (FNA)- Foreign Minister Mohammad Javad Zarif called on Iran’s neighbors in the Persian Gulf to cooperate in the establishment of peace and security in the region.
Report: Most Arrests During Protests in US Are Suburban Adults Not Extremists

TEHRAN (FNA)- Most people who were arrested during nationwide protests of racial injustice and police brutality were young suburban adults as opposed to the left-wing extremists groups that President Donald Trump and his allies have repeatedly targeted, an analysis from the Associated Press found.
FM Zarif: Iran Urging All States to Choose Peace, Security, Stability

TEHRAN (FNA)- Iranian Foreign Minister Mohammad Javad Zarif in a Twitter message urged all the world countries to choose peace, security, and stability instead of remaining prisoners of the past.
NYPD to Increase Police Presence Days Before Presidential Election

TEHRAN (FNA)- The New York Police Department (NYPD) plans to increase police presence in the city in the eight days ahead of the 2020 election, officials announced on Tuesday.
IRGC, Army Destroy Aggressive Targets by Powerful Indigenous Air Defense Shields during Joint Drills

TEHRAN (FNA)- The Iranian Army and the Islamic Revolution Guards Corps (IRGC) forces exercised destruction of hypothetical enemy targets in high and mid altitudes by the powerful home-made Third of Khordad and Khordad 15 air defense systems during the joint aerial wargames on Wednesday.
Breonna Taylor Grand Juror Claims Panel Was Not Given A Chance to Consider Homicide Charges Against US Cops

TEHRAN (FNA)- A grand juror in the Breonna Taylor case came forward to claim that the panel was not given an opportunity to consider homicide charges against the Louisville police officers involved in the 26-year-old EMT's death.
Iran: Pakistani Traders Able to Invest in Chabahar

TEHRAN (FNA)- Iran expressed its preparedness to accept Pakistani merchants and companies for investment in Chabahar Special Economic Zone, Mirjaveh and the new Rimdan border crossing, according to Deputy Governor of Sistan and Balouchestan province Mandana Zangeneh.