Economy

Speaking in a meeting of Majlis Mine and Mineral Industry Faction attended by Parliament (Majlis) Speaker Ali Larijani, Shariatmadari said Iran is to present a new formula similar to Iran Petroleum Contracts (IPC) model, which is a framework that lays out the basic structure regarding all future petroleum contracts, in …

Regarding the present engagement between the EU and Iran, there is a positive view about the future of relations and further enhancement of ties, Hogan said, speaking to reporters at a Tehran hotel Saturday evening.The Union wants to encourage the US Congress to accept that the Iran nuclear deal, known …

The Iran Petroleum monthly wrote in its latest issue that during January-August period, on average, Iran exported 2.15 mb/d crude oil plus 500,000 b/d of condensate. Iran's crude oil exports hit a record in February with 2.3 mb/d.Since two years ago, European companies have been vying for Iran's crude oil …

Asked about the Joint Comprehensive Plan of Action and the fact that in case of the US violation of the deal, whether the EU will slap sanctions against Iran under probable pressures, he said that none of the European countries are scheduled to impose embargos against Iran.“We have concluded the …

Addressing a news conference late on Saturday, he added that investment can have foreign or domestic origin and both of them require conditions which should be prepared.Referring to over 13 billion dollars of foreign investment made in the country last year, Nobakht said that given the mechanisms the US administration …

'Tehran expects the European Union countries to resist firmly those sides that aim to violate the JCPOA (Joint Comprehensive Plan of Action),' Eshaq Jahangiri said on Saturday in a meeting with visiting EU Commissioner for Agriculture and Rural Development Phil Hogan. He referred to high level of stability and security …

In an interview with IRNA, he said the organization is very young with 36,000 employees. The prospects of this field in the South Khorasan province are promising but require support from the country's officials as well as economic sectors, he said. Equipments used in the mines should be upgraded to …

Mikuriya made the remarks in a meeting with Governor of Iran's Customs Office here on Saturday.He called Iran's Customs Office one of the most successful organizations in WCO and by admiring function of it in the past several years, said that Iran's Customs Office has created noticeable developments in information …

Hamid Reza Araqi, in a recent interview with the Islamic Republic News Agency (IRNA), said that Iran and Turkmenistan so far have discussed on swapping natural gas from Iran's northeastern neighbor to Iraq, Turkey, the Republic of Azerbaijan and Armenia. Tehran finally disagreed on a deal to swap Turkmen gas …

'Both sides agreed to export 30,000-60,000 barrels of oil per day (to Iran),' Iraqi Oil Ministry said in a statement.'The export volume is subject to increase and it will be transferred by tankers through Kermanshah, western Iran till the oil pipelines will be completed,' Luaibi added.'According to the agreement, Iran …