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India’s oil imports from Iran at record highs
Aug 15, 2016 13:06The latest official figures show India’s imports of crude oil from Iran in July rose to the highest levels in more than five years what to analysts is a fresh sign of robust rise in Iran’s crude export abilities.
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Iran to introduce MasterCards: Minister
Aug 14, 2016 08:09Iran is about to introduce credit card services processed by global payment operator MasterCard for the first time, Communications and Information Technology Minister Mahmoud Vaezi says.
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Major rise seen in Russia’s trade with Iran
Aug 12, 2016 14:51Russia says its trade with Iran has increased by 70.9 percent after the sanctions against the Islamic Republic were removed earlier this year.
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Turkey ready to increase Iran gas imports: Turkish FM
Aug 12, 2016 14:45Turkey says it wants to increase the volume of natural gas it is currently purchasing from Iran in what could be a serious sign from Ankara that it wants to enhance economic ties with the Islamic Republic.
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Iran to attract $30bn for power projects
Aug 11, 2016 15:56Energy Minister Hamid Chitchian says the country has devised serious plans to overhaul its power industry within the next five years, adding that those plans need a collective investment of $30 billion to be materialized.
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Iran, Oman to change gas pipeline route
Aug 11, 2016 10:14Oman says it has arrived at an agreement with Iran to change the route and design of a planned undersea natural gas pipeline which will be meant to take natural gas from the Islamic Republic to the sultanate through the Persian Gulf.
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Iran expects new oil deals to attract $25bn
Aug 10, 2016 12:39Iran says it is determined to press ahead with the implementation of its next oil sector projects through the new format of contracts with official saying that the new contracts could bring an investment of about $25 billion for the country’s oil projects within the next two years.
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Post-sanction Iran trade boosts Turkey
Aug 10, 2016 12:07Turkey says its trade with Iran has increased 30 percent since the lifting of US-led sanctions on the Islamic Republic in January.
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Iran expects first wheat export in years
Aug 10, 2016 08:36Iran is expecting a surplus of wheat this year, which it plans to release onto the regional markets, the country’s top body in charge of ensuring food security says.
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India tells Iran subsea pipeline plan ‘feasible’
Aug 08, 2016 12:04Iran says it has moved a step forward in a project to export natural gas to India through a subsea pipeline – what could be the world’s biggest such project if materialized.