Khandouzi
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Oil Sector Attracts 41 Percent Of Total Foreign Investment
SHANA (Tehran): Since taking office in August 2021, the 13th administration has been able to attract 11.6 billion dollars of foreign investment of which 4.8 billion dollars have been allocated to the oil and gas mega projects.
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Economic growth has nothing to do with oil price hikes: Khandouzi
SHANA (Tehran) – Rise in oil prices does not contribute to improvement of economic growth, said the Iranian government’s economic spokesman on Tuesday.
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Highest foreign investment made in oil industry, says Iran’s economy minister
SHANA (Tehran) – Iran’s minister of economic affairs and finance said the oil industry attracted the highest foreign investment in the 11 months of the current Iranian calendar year (starting March 21, 2023).
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Iran’s oil sector annual economic growth doubles despite sanctions
SHANA (Tehran) – Iran’s oil sector has witnessed a twofold increase in its annual economic growth in autumn 2023, said the government’s economic spokesman on Tuesday.
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Increase in oil revenues contributes to forex market stability, says economy minister
SHANA (Tehran) – Iran’s minister of economic affairs and finance on Tuesday said the increase in revenues earned from oil exports is among the reasons for foreign exchange (forex) market’s stability.
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Economy minister: Iran oil revenues mainly collected in cash
SHANA (Tehran) – Iran’s minister of economic affairs and finance on Tuesday said the country’s oil revenues has been mostly collected in cash.
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Economy minister: Iran-China energy agreements underway
SHANA (Tehran) – Iran’s Minister of Economic Affairs and Finance Seyyed Ehsan Khandouzi on Tuesday said all agreements, including energy deals, made between Tehran and Beijing have got underway.
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Spox: Iran oil sector’s annual economic growth up 15.4%
SHANA (Tehran) – The Central Bank of Iran (CBI) report showed a 15.4 percent economic growth in the country’s oil sector in the previous Iranian year, which ended on March 20, 2023, said the administration’s economic spokesman on Tuesday.