Iran Starts Building Mideast’s Largest Solar Farm
TEHRAN (Tasnim) – Iran’s energy minister on Thursday inaugurated a project to build the Middle East’s largest solar plant in the country’s southeastern province of Kerman.
Iran-China Bilateral Trade Up by 31%: Report
TEHRAN (Tasnim) – The total value of bilateral trade between Tehran and Beijing in the first half of 2017 increased by 31 percent compared to the amount for a year earlier, the East Asian country’s customs data showed.
New Pipeline to Guarantee Steady Supply of Gas in North Iran
TEHRAN (Tasnim) – A much-awaited gas pipeline in Iran’s northern areas, which will come on stream next week, is going to guarantee the steady supply of natural gas to the regions that experienced harsh winters in the past when neighboring Turkmenistan cut off gas supplies to Iran.
Iran’s Power Generation Capacity Tops 77,000 MW
TEHRAN (Tasnim) – Iranian Deputy Energy Minister Houshang Falahatian announced that the country’s nominal capacity to produce electricity has surpassed 77,000 megawatts (MW).
Iran, France Ink Deal to Cooperate in Making Subway Cars
TEHRAN (Tasnim) – High-ranking officials in Iran’s rail industry signed a major deal with the French rail car manufacturer Alstom to boost cooperation in the production of subway cars.
Korea Focusing on Small, Midsize Businesses in Iran: Envoy
TEHRAN (Tasnim) – One of South Korea’s main trade strategies is to grow links with the Iran’s small and midsize businesses in order to minimize the adverse impacts of any severance of trade interaction between a few major companies, South Korean ambassador to Tehran said.
Official Sees Sanctions as Opportunity for Iran-Russia Partnership
TEHRAN (Tasnim) – Secretary of Iran’s Expediency Council Mohsen Rezaei said Tehran and Moscow, both facing Western sanctions, could use the embargoes as an opportunity to reap economic benefits.
US Congress Reaches Deal on Sanctions Bill for Iran, Russia
TEHRAN (Tasnim) – US Republicans and Democrats have reached agreement on legislation that allows new sanctions against Russia, Iran and now also North Korea, leading congressional Democrats said on Saturday.
Iran’s Parliament Forms Committee to Review Gas Deal with France’s Total: MP
TEHRAN (Tasnim) – The spokesman for the Iranian parliament’s Energy Commission announced on Saturday that a special committee headed by Parliament Speaker Ali Larijani has been formed to review a controversial $5 billion gas deal recently signed with France’s energy giant Total.
Italy’s Eni Says Happy with Total’s Presence in Iran
TEHRAN (Tasnim) – The CEO of Eni said the Italian oil giant is not competing with France’s Total in Iran, noting that it has also signed an agreement with the National Iranian Oil Company (NIOC) to develop oil and gas fields in the Islamic Republic.
Iran Ranks 14th in World Steel Production: WSA
TEHRAN (Tasnim) – A new report released by the World Steel Association (WSA) shows that Iran has ranked 14th in the world in crude steel production in the first six months of 2017.
Iran, Azerbaijan to Transport Goods via North-South Corridor Soon: Report
TEHRAN (Tasnim) – Iran and Azerbaijan are expected to start transporting goods and cargos through the International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, a report said.
Iranian Spokesman Hails Gas Deal with France’s Total as ‘Unparalleled’
TEHRAN (Tasnim) – Spokesman for the Iranian Administration Mohammad Baqer Nobakht praised the $5 billion gas deal recently signed between Iran and France’s energy giant Total, saying the investment project would be highly profitable for the country.
Russia’s Zarubezhneft Signs MoU to Carry Out Studies on Oil Fields in Iran
TEHRAN (Tasnim) – Russian state-owned oil group Zarubezhneft has signed a memorandum of understanding (MoU) with National Iranian South Oil Company (NISOC) to carry out initial studies on the development of two oil fields in Iran, a report said.
EasyHotel Plans Presence in Iran Market
TEHRAN (Tasnim) – London-based easyHotel, a super budget hotel chain, has announced plans to open branches in Iran.
US Hampering Iran’s Accession to WTO: Minister
TEHRAN (Tasnim) - Iran’s minister of industry deplored the US government for its attempts at obstructing Tehran’s accession to the World Trade Organization (WTO).
Iran’s Oil Exports to S Korea Rise by over 10% in June: Report
TEHRAN (Tasnim) – Iran’s crude oil exports to South Korea rose by 10.5 percent in June compared to the same period last year, a report said.
Iran Should Keep An Eye on Total: American Author
TEHRAN (Tasnim) – Dean Henderson, author and geopolitical analyst from Missouri, said the recent major gas deal between Iran and Total can encourage other foreign companies to invest in Iran, noting, however, that the Islamic Republic should keep a watchful eye on France’s energy giant.
Iraq to Need Iranian Natural Gas for Next 7 Years: Baghdad
TEHRAN (Tasnim) – Iraq will be in need of sustained supplies of Iranian natural gas for the next seven years to operate its power stations, the Arab country’s electricity minister said, according to local media reports.
Total Deal Serves National Development: Iran’s VP
TEHRAN (Tasnim) – Iran’s first vice-president played down criticism by opponents of a recent gas deal Iran has signed with France’s Total, saying the contract would serve the goals of national development, as emphasized by Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei.