Elaborating on Secretary of State for Foreign Affairs Boris Johnson’s upcoming tour to Iran, Behrouz Hassan Olfat said, 'This is a political trip and the coordination has been done by the Iranian foreign ministry.”“The exports and imports volume between Iran and UK was $ 40m and $ 366m, respectively, in …
Read More »Economy
OPEC to agree on extending output cut: Iran oil minister
Most OPEC members are in agreement regarding the Issue, Bijan Zangeneh told reporters.'But the final decision on the future of the deal is expected to be made at the upcoming OPEC meeting,' Zangeneh added.Touching upon the gas deal reached between Iran and France’s Total for developing Iran's phase 11 of …
Read More »FICCI SG: India-Iran ties free from influence of third state
The views expressed in this column are those of the author and do not necessarily represent those of IRNA Speaking to [the English-languge newspaper] Iran Daily on the sidelines of a meeting in the Indian capital of New Delhi with a press delegation comprising journalists from the Indian Ocean Rim …
Read More »Iran, Algeria oil cooperation will improve
During the meeting on Sunday, Iran’s envoy hailed growing trend of bilateral relations in different fields such as constructive collaboration in OPEC, expressing Iran’s readiness for bolstering oil cooperation in oil sector including implementation of joint investment projects.“Given Algeria’s heavy dependence on oil revenues, we are ready for sharing our …
Read More »Iran: Total cannot quit South Pars Phase 11
Noting that the agreement with the French oil giant is a valid one, Bijan Zangeneh said, 'We have legal valid contract with Total, CNPC and Petro Pars in which the circumstances under which the companies can step out of the contract has been made clear.' 'Total can withdraw from the …
Read More »Iran finalizes financing Airbus, Boeing aircraft deals
“The purchased planes will be delivered to Iran next year,” Asqar Fakhrieh Kashan said.Due to US President Donald Trump’s anti-Iran stance, financing aircraft has become a hot topic in media. A news agency has claimed that since government has not been able to reach agreement with international financers concerning finance, …
Read More »Iran, Norway discuss oil, gas cooperation
Habibollahzade voiced Iran’s readiness to take advantage of Norwegian companies’ experiences, technical knowledge and investment.Meanwhile, Søviknes sympathized with the bereaved families of the victims of the fatal quake that happened on November 12 in western Iran.A 7.3-magnitude earthquake jolted the western province of Kermanshah and the regions bordering Iraq on …
Read More »Non-oil exports increase by 61% from Iran's Bandar Lengeh port
Saberi pointed to 493,763 tons of non-oil goods export from the port in the first seven months of the year (March 21 to October 22, 2017).He added that in this period of time totally 739,154 tons of goods have been loaded and unloaded in this port.From total operation, 738,674 tons …
Read More »Iranian bank denies Zionist sanction rumors
Denying the baseless rumors spread by certain Israeli journals which were quoted by section of domestic ones, Amir Hosseini said, “Frankfurt Branch of Bank Sepah has so far given 607 million euros of currency and credit in Germany.”He said that the Frankfurt Branch of Bank Sepah has been connected to …
Read More »Pakistani cabinet body seeks proposal on electricity import from Iran: Pak media
Briefing the media about the proceedings of the meeting of the cabinet committee held under the chair of Prime Minister Shahid Khaqan Abbasi, Special Assistant and Spokesperson to Prime Minister Musadik Malik said the participants discussed the CEPC projects in detail including power and water supply, construction of Gwadar airport, …
Read More »