Mohammad Baqer Nobakht | Al Bawaba

Mohammad Baqer Nobakht latest

Al Bawaba

September 15th, 2015 - 12:17 GMT

Iran projects oil prices at $42-$50 per barrel in annual budget

Iran predicts average crude oil prices to stay in the current trading range.

The country will be formulating a new economic development plan. (AFP/File)

July 14th, 2015 - 08:14 GMT

What’s next for Iran after the nuclear deal? A ‘post-sanctions era’

Al Bawaba

March 16th, 2015 - 06:41 GMT

Waiting for payday: Iran still owed $7.8 billion for its oil

He said the government is revising its draft budget to assume a base price of $40, from $72 a barrel.

January 26th, 2015 - 04:55 GMT

Pride or lunacy? Iranian govt says it can run the country on below $40 oil

Iran plans to boost annual petrochemical output to 180 million tons from around 60 million tons currently.

June 11th, 2014 - 03:55 GMT

Cheating sanctions? China to use Iran's frozen billions to build it a petrochemical plant

The money and other assets belonging to Iran have been blocked globally.

October 31st, 2013 - 12:01 GMT

The Riches of Persia frozen throughout the world

Iran was one of the top five suppliers of crude oil to China this year and overall production increased, the Organization of Petroleum Exporting Countries said in its monthly market report.

October 30th, 2013 - 01:42 GMT

Too close for comfort? China indebted to Iran by $22billion