Iran’s Oil Exports Doubled with JCPOA Implementation: President
TEHRAN (Tasnim) – Iranian President Hassan Rouhani highlighted the outcome of the July 2015 nuclear deal with world powers, known as the Joint Comprehensive Plan of Action (JCPOA), saying that the country’s oil exports have doubled since the deal took effect in January 2016.
Swedish Firm Accepts Deposits in Bitcoin to Facilitate Business with Iran
TEHRAN (Tasnim) – A Swedish company has come up with an innovative solution which both bypasses US sanctions and does away with the need for banks to process transactions with Iran, a report said.
India Seeking New Payments Mechanism for Trade with Iran
TEHRAN (Tasnim) – India is exploring setting up a new payments mechanism for trade with Iran, as state banks remain fearful of handling payments from Tehran in case the United States imposes a fresh financial embargo.
Iran’s President: Cabinet Fully Committed to Resistance Economy Policies
TEHRAN (Tasnim) – Iranian President Hassan Rouhani reiterated his administration’s commitment to implementing the “Resistance Economy” plan in a bid to help stimulate domestic production and combat unemployment.
France's Total Seeks Stake in $4 Billion Iranian Gas Field Project
TEHRAN (Tasnim) - Total is seeking a 50 percent stake in a $4 billion project in Iran's giant South Pars gas field, the French energy firm said in a regulatory filing detailing talks held with Iranian officials on several projects in 2016.
Final Version of New-Style Iran Oil Contracts Prepared
TEHRAN (Tasnim) – The ultimate version of a new format of Iran’s oil contracts, known as Iran Petroleum Contract (IPC), has been prepared in compliance with the cabinet’s measure and will be used for putting development of a major oil field out to tender in spring.
New Zealand to Export “Safe” Sheepmeat to Iran Soon: Minister
TEHRAN (Tasnim) – New Zealand’s Primary Industries Minister Nathan Guy said New Zealand meat exporters will deliver “safe” sheepmeat to Iran in the near future.
Iran Holds Meeting on Closer Banking Ties with Latin America
TEHRAN (Tasnim) – Iran’s Foreign Ministry officials and representatives of the state-run and private banks held a meeting in Tehran to explore avenues for expansion of banking relations with Latin American nations following the implementation of the JCPOA.
Tehran-Moscow Trade Turnover to Reach $10bln: Iranian Envoy
TEHRAN (Tasnim) – Iran's Ambassador to Russia Mehdi Sanaei said the volume of trade transactions between Tehran and Moscow is expected to reach $10 billion within three years.
Iran’s Oil Output Hits 3.8mln bpd in February: OPEC
TEHRAN (Tasnim) – The Organization of the Petroleum Exporting Countries (OPEC) said Iran’s oil production reached a new record high of 3.8 million barrels per day in February.
India’s Oil Imports from Iran Rise in February: Report
TEHRAN (Tasnim) – Iran’s crude exports to India rose by nearly 17 percent in February compared to a month earlier, a report said.
Iran’s Vaezi, Russia’s Novak to Meet in Moscow Monday: Report
TEHRAN (Tasnim) – Iran's Minister of Communications and Information Technology Mahmoud Vaezi and Russian Energy Minister Alexander Novak are planned to hold talks in Moscow on Monday, a report said.
Tehran-Moscow ‘Oil-for-Goods’ Swaps to Reach $45bln Annually: Russian Official
TEHRAN (Tasnim) – The total volume of “oil-for-goods” swaps between Iran and Russia is expected to reach $45 billion annually, Russian trade representative in Iran Andrei Lugansky said.
Iran, S Korea Sign Deal for $3.2bln Petchem Project
TEHRAN (Tasnim) – Iran’s Ahdaf Investment Company and Korea’s Hyundai Engineering Co. have signed a deal for a 3 billion-euro ($3.2 billion) petrochemical project, a report said.
Iran to Receive Third New Airbus in Coming Days: Report
TEHRAN (Tasnim) - Iran is reportedly expected to receive another Airbus aircraft from a series of passenger planes that Tehran has purchased from the French aerospace giant.
Russian Car Manufacturer to Set Up Assembly Line in Iran
TEHRAN (Tasnim) – A leading Russian automobile manufacturer is set to establish an assembly line in Iran in the near future.
Iran Receives First Purchased Airbus A330
TEHRAN (Tasnim) – The first long-range wide-body Airbus A330 from a series of aircraft that Iran has purchased from the French aerospace giant in a bid to renovate its aging fleet landed in Tehran on Saturday.
Iran to Catch Up with Qatar in South Pars Gas Production: VP
TEHRAN (Tasnim) – Iranian First Vice-President Eshaq Jahangiri said the country will soon reach Qatar in terms of producing gas from the huge offshore South Pars gas field, which it shares with the Arab country in the Persian Gulf.
Luxembourg Court Dismisses US Request to Freeze Iran Assets: CBI Chief
TEHRAN (Tasnim) – Valiollah Seif, the governor of the Central Bank of Iran (CBI), said a Luxembourg court has rejected efforts by US to freeze $1.6 billion of Iranian assets in the European country.
Economy Minister: US Attempt to Seize Iran’s Assets against Int'l Law
TEHRAN (Tasnim) – Iran's Minister of Economic Affairs and Finance Ali Tayyebniaa deplored attempts by the US administration to seize Iran’s assets in Luxembourg as a violation of international law.