US, India in 'Very Detailed' Talks about Iran Oil Imports: Official
TEHRAN (Tasnim) – The United States and India are engaged in “very detailed conversations” over Washington’s request to completely stop India’s oil imports from Iran, a senior US State Department official told reporters.
Second Platform Held in Place in Iran’s South Pars Phase 14
TEHRAN (Tasnim) – The second platform of Phase 14 of Iran’s giant South Pars gas field was installed by Iranian technicians and will be operational soon.
US’ Unilateral Measures Jeopardizing Maritime Trade: Iranian Official
TEHRAN (Tasnim) – The managing director of the Islamic Republic of Iran Shipping Lines (IRISL) said unilateral measures adopted by the US government over the past months have endangered international trade.
India Allows State Refiners to Use Iran Tankers, Insurance for Oil Imports: Report
TEHRAN (Tasnim) – India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country’s top shipper Shipping Corp of India halted voyages to Iran due to US sanctions, sources said.
US Using Dollar as Weapon against Iran, Turkey, Russia: Economic Researcher
TEHRAN (Tasnim) – An independent economic researcher from Los Angeles said the US is trying to use the power of the Dollar as a weapon to punish all antagonistic countries, including Iran, Turkey, Russia and other nations that are acting independently of Dollar Hegemony and the Washington Consensus.
Iran Launches New Petrochemical Plant
TEHRAN (Tasnim) – Iranian President Hassan Rouhani inaugurated a new methanol-producing plant in Iran’s energy-rich province of Bushehr.
President: Iran’s Energy Industry at Forefront of Economic War
TEHRAN (Tasnim) – Iran’s oil, gas and petrochemical industries are at the forefront of fighting an economic war that the enemy has waged against the Islamic Republic, President Hassan Rouhani said.
Ex-Minister Plays Down Concerns about Iran Oil Sanctions
TEHRAN (Tasnim) – Iran’s former oil minister played down concerns about a fresh round of sanctions the US is going to impose on Iranian crude exports, saying the country had faced the same situation a few years ago, but managed to skirt the sanctions.
Brazil Allocates $1.2bln for Economic Cooperation with Iran: Envoy
TEHRAN (Tasnim) – Brazilian Ambassador to Tehran Rodrigo de Azeredo Santos said his country has allocated $1.2 billion to boost cooperation with Iran in diverse economic fields.
Japan to Halt Iran Oil Imports under US Pressure: Reports
TEHRAN (Tasnim) – Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported.
Iran Seeking to Save Major Oil Deal with Vitol Group: Report
TEHRAN (Tasnim) – The National Iranian Oil Company (NIOC) is in talks to salvage a $1 billion oil deal with Swiss trader Vitol Group as companies sever ties with the Islamic Republic ahead of US sanctions.
Iran Ditched Single-Currency Rate Policy to Avoid US Trap, Top Banker Says
TEHRAN (Tasnim) – Governor of the Central Bank of Iran defended ditching the idea of a single dollar exchange rate as a strategy to avoid the US government’s trap and counter its attempts at stepping up economic pressure on Iran.
US Dollar Ditched in Iran-Iraq Bilateral Trade: Official
TEHRAN (Tasnim) – Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Ishaq said that the US dollar is no longer used in the bilateral transactions between the two countries.
Japan Says Firm to Secure US Exemption for Iran Oil Imports
TEHRAN (Tasnim) – Japan remains firmly committed to seeking US exemption for Iranian oil imports as it sees the supplies as important for the country's energy security and businesses, a top government official said.
EU Looking to Sidestep US Iran Sanctions with Payments System Plan
TEHRAN (Tasnim) – Germany and France said they are working on financing solutions to sidestep US sanctions against countries such as Iran, including a possible role for central banks.
Iran's August LPG Exports Leap to 568,000mt
TEHRAN (Tasnim) – Iran's LPG shipments loaded, or due for lifting, in August rose by 84,000 million tons (mt) versus July to around 568,000 mt, the highest since the previous US-led sanctions against Tehran, fixtures from shipping sources showed recently.
Iraq to Send Delegation to US to Seek Deal on Trade with Iran
TEHRAN (Tasnim) – Iraqi Prime Minister Haider al-Abadi said Baghdad will send a delegation to the United States seeking an agreement on financial transactions with Iran following Washington’s reimposition of sanctions on Tehran.
Iran Develops Technology to Make Gasoline Refinery Catalysts
TEHRAN (Tasnim) – An Iranian petrochemical company achieved the technical know-how to make special catalysts used for gasoline production, making Iran the world’s second producer of such advanced component and helping it earn as much as $60 billion a year in export revenue.
