FATF’s Recent Decision Guarantees Banking Ties with Iran: Envoy
TEHRAN (Tasnim) – Iran’s ambassador to Britain said a recent decision by the Financial Action Task Force (FATF), the policy-making body of the international financial system, to continue the suspension of anti-Iran sanctions would guarantee the country’s banking ties with foreign countries.
Iran Begins Exporting Natural Gas to Iraq
TEHRAN (Tasnim) – Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia announced that the Islamic Republic has started exporting natural gas to neighboring Iraq.
Two Iranian Airlines Sign MoUs to Buy 73 Airbus Jets
TEHRAN (Tasnim) – European aviation giant Airbus said two Iranian privately owned airlines on Thursday had committed to buying 73 planes at the Paris Airshow.
Rising US Crude Output Reason behind Falling Oil Prices: Iranian Oil Minister
TEHRAN (Tasnim) – Iranian Oil Minister Bijan Namdar Zanganeh said an unexpected rise in US crude oil production is the reason behind recent drops in oil prices.
Azadegan Oilfield Contract to Be Signed in Coming Months: Iranian Official
TEHRAN (Tasnim) – The CEO of the National Iranian Oil Company (NIOC) said a contract on the development of Azadegan Oilfield, located 80 km west of southwestern city of Ahvaz near the Iraqi border, will be signed with a foreign energy company in coming months.
Italy’s Eni Signs MoU to Carry Out Studies on Oil, Gas Fields in Iran
TEHRAN (Tasnim) – Italy's oil giant Eni has signed a Memorandum of Understanding (MoU) with the National Iranian Oil Company (NIOC) to carry out initial studies on the development of an oil field and a gas field in Iran, a report said.
Total to Make $1bln Investment in Giant Iranian Gas Field: CEO
TEHRAN (Tasnim) – The chief executive of Total confirmed that the French oil major will go ahead with development of phase 11 of the huge South Pars gas field in southern Iran this summer, saying it would make an initial $1 billion investment in the field.
Iran, EAEU Finalize Agreement on FTZ
TEHRAN (Tasnim) – Iran and the Eurasian Economic Union (EAEU) have finalized an agreement to create a free trade zone (FTZ), a report said.
Iran, Italy’s Eni to Sign MoU on Studying Oil, Gas Fields
TEHRAN (Tasnim) – Italy’s oil and gas giant Eni is preparing to sign a basic agreement to study two Iranian oil and gas fields.
South Korea Plans to Build Small-Scale LNG Plants in Iran
TEHRAN (Tasnim) – South Korea will build small-scale liquefied natural gas (Mini-LNG) plants in Iran to meet energy needs in remote areas of the country, a report said.
South Pars Gas Deal between Tehran, Total to Be Inked in Weeks: Minister
TEHRAN (Tasnim) – Iranian Oil Minister Bijan Namdar Zangeneh said a long-delayed gas deal between Tehran and French oil major Total is expected to be signed soon.
Boeing Seeking Permission from US Treasury for Deal with Iranian Airline
TEHRAN (Tasnim) – US aircraft maker Boeing announced that it still does not have a license from the US Treasury for a $3 billion contract with Iran Aseman Airlines, media reports said.
Austria Seeks Tax Agreement with Iran
TEHRAN (Tasnim) – Austria’s Minister of Finance Hans Jorg Schelling said his country is seeking to sign a double taxation agreement with Iran.
Iran Sends Shipments of Food to Qatar by Air
TEHRAN (Tasnim) - Iran has sent five planes of vegetables to Qatar, Iran's flag carrier said Sunday, days after a number of Persian Gulf countries cut off air and other transport links to the emirate.
Iran Eyes Boom in Trade with EAEU after Free-Trade Deal
TEHRAN (Tasnim) – An Iranian minister expressed the hope that the volume of trade exchange between Tehran and the Eurasian Economic Union (EAEU) would rise under a much-awaited free-trade agreement.
Iran’s Administration Considers Reviving Commerce Ministry
TEHRAN (Tasnim) – Iranian President Hassan Rouhani’s administration is considering restoring the ministry of commerce, which was dissolved by the previous administration six years ago.
Iran’s Electricity Generation Capacity Reaches about 77,000MW
TEHRAN (Tasnim) – Iran’s nominal capacity to produce electricity has reached about 77,000 megawatts (MW) following the connection of a number of power plants to the country’s national grid.
Iran’s Oil Exports to Europe Hit Record High in May: Report
TEHRAN (Tasnim) – Iran’s oil exports to Europe in May stood at around 1 million bpd (barrels per day), marking the highest level since the removal of anti-Tehran sanctions in early 2016.
Russia Says Ready to Electrify Tehran-Tabriz Railway in Iran
TEHRAN (Tasnim) – Russian Railways is ready to help electrify Tehran-Tabriz railway to connect the Iranian capital to the northwestern city, First Vice President of the Russian Railways Operator Alexander Misharin said.
Qatar Says in Talks with Iran to Provide Food Supplies
TEHRAN (Tasnim) – A Qatari official said Doha is in negotiations with Tehran and Ankara to secure its food and water supplies after Saudi Arabia and the United Arab Emirate (UAE) cut trade and diplomatic ties with the Persian Gulf Arab state.