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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.
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Iran, S Korea ink water treatment deal
Aug 07, 2016 11:44South Korea is about to help Iran on water supply and management and wastewater treatment under three memorandums of understanding signed in Tehran Sunday.
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Iran’s non-oil exports to Iraq in 4 months show 23% year-on-year rise
Aug 06, 2016 13:14Iran’s non-oil exports to Iraq during the first four months of the current Iranian calendar year, which started on March 20, showed a 23 percent increase in comparison with the similar period the previous year, the Iranian ambassador to Baghdad says.
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Iranian supertanker, container ship collide in Singapore Strait
Aug 05, 2016 10:12A large container ship has collided with an Iranian supertanker in the busy Singapore Strait, causing damage to both vessels but no injuries or oil pollution, the Maritime and Port Authority of Singapore (MPA) says.
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Putin renews vow to give Iran $2.5bn loans
Aug 05, 2016 10:05Russia says it is still committed to a pledge it has already made to grant two loans worth $2.5 billion to Iran.
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Iran approves new format of oil contracts
Aug 03, 2016 12:24Iran’s cabinet has sealed a new format of the country’s oil sector contracts which is hoped to bring in a considerable volume of foreign investment in the Iranian oil and gas projects.
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Japan to fund Iran’s purchase of MRJs
Aug 01, 2016 00:40Iran says Japan has agreed to fund a plan to purchase passenger planes from its industrial giant Mitsubishi Heavy Industries.