Iran Eyes over $50bln Worth of Oil Contracts
TEHRAN (Tasnim) – Iranian Oil Minister Bijan Namdar Zanganeh said he would make efforts to pave the grounds for signing $50 to $60 billion worth of oil and gas contracts with foreign companies by the end of the current Iranian year (March 20, 2018).
Tehran, Moscow May Implement Oil-for-Goods Barter Deal: Russian Minister
TEHRAN (Tasnim) – Russian Energy Minister Alexander Novak said Tehran would start selling crude oil to Moscow in exchange for products in the coming month.
Iranian Official Urges Full Free Trade with Syria
TEHRAN (Tasnim) – An Iranian business official called for efforts to make the most out of a free trade agreement with Syria, voicing Iran’s readiness to satisfy the Arab country’s trade needs.
Japan’s Inpex May Get Involved in Development of Iran’s Azadegan Oil Field
TEHRAN (Tasnim) – Japan's biggest oil and gas explorer Inpex Corp might participate in a tender to develop the Azadegan oil field in southwestern Iran and form a consortium with other foreign oil firms to that end, a high-ranking Iranian official said.
Iran, Russia, Turkey Sign Drilling Deal
TEHRAN (Tasnim) – Turkey's Unit International announced it has signed a $7 billion agreement with Iran's Ghadir Investment Holding and Russia's state-owned Zarubezhneft to drill for oil and natural gas in Iran.
Ukraine Can Facilitate Exports of Iran’s PetChem Products to Europe: Deputy Oil Minister
TEHRAN (Tasnim) – Head of the National Petrochemical Company of Iran (NPC) Marzieh Shahdaei said Ukraine can facilitate exports of Iranian petrochemical products to Europe.
Central Bank of Iran Chief Remains in Office
TEHRAN (Tasnim) – Iranian President Hassan Rouhani announced his decision on Tuesday to keep Valiollah Seif as the governor of the Central Bank of Iran (CBI).
Iran’s Oil Exports to South Korea Rise by over 26% in July: Report
TEHRAN (Tasnim) – South Korea's crude oil imports from Iran rose 26.5 percent in July compared to the same period last year, a report said.
Omani Delegation Visits Iranian Port City for Trade Talks
TEHRAN (Tasnim) – An Omani trade delegation paid a visit to the southeastern Iranian southern port city of Jask, Hormozgan province, to discuss ways to improve economic ties between the two nations, a report said.
Iran Says in Talks with Airbus to Buy 45 Medical Helicopters
TEHRAN (Tasnim) – Iran's Deputy Transport Minister Asghar Fakhrieh Kashan said Tehran is in negotiation with European aircraft maker Airbus to purchase 45 helicopters for civilian use.
Iran Pushing Up Gasoline Production in New Refinery
TEHRAN (Tasnim) – A new gas condensate refinery inaugurated in south of Iran in April is currently producing 7 million liters of gasoline a day, an energy official said, adding that the daily output is expected to rise to 11 million liters in less than two months.
Iran to Hold Exhibition in Turkey’s Istanbul in October
TEHRAN (Tasnim) – An exhibition of Iranian products and goods is planned to be staged in the Turkish city of Istanbul in late October, according to the Iranian Embassy in Turkey.
Iran’s NPC, France’s Air Liquide Sign Deal over MTP Plant
TEHRAN (Tasnim) – French industrial gases producer Air Liquide has signed a deal with Iran's National Petrochemical Company (NPC) to build a 500,000 tons/year methanol-to-propylene (MTP) plant.
Iran-US Bilateral Trade Drops by 29% in 6 Months
TEHRAN (Tasnim) – The total value of trade exchanges between Iran and the US over the first half of 2017 has decreased by 29 percent, according to the latest data released by the US Census Bureau.
Total Deal Trouble-Free, Iran’s Judiciary Confirms
TEHRAN (Tasnim) – Iran’s Judiciary spokesperson verified on Wednesday that a major gas deal Iran signed with France’s Total in July does not contain any problem.
Iran Doubles Gas Extraction from South Pars Field: Official
TEHRAN (Tasnim) – The managing director of Iran’s Pars Special Economic Energy Zone (PSEEZ) announced that the natural gas output from the giant South Pars Gas Field in the southern province of Bushehr has doubled.
Iran, Russia, Turkey Sign Major Deal on Development of Oil Projects
TEHRAN (Tasnim) – Iran, Russia and Turkey have signed an agreement to jointly fund and develop oil and gas projects, a report said.
India Holds Talks with Iran over Development of Chabahar Port
TEHRAN (Tasnim) – India's Transport and Shipping Minister Nitin Gadkari said he has held talks with Iranian officials on a range of issues, including the development of Iran’s port of Chabahar.
Japan’s Mitsubishi Motors to Introduce Hybrid Electric Cars to Iran Market: Report
TEHRAN (Tasnim) – Japan’s Mitsubishi Motors will introduce the plug-in-hybrid version of its Outlander sport utility vehicle to the Iranian market as early as fall, a report said.
Iran, Renault Ink New Deal
TEHRAN (Tasnim) – The French automaker Renault and Iran signed a 660-million-euro contract on Monday.