Economy

The MoU was signed by Deputy Head of NIOC Gholam Reza Manouchehri and Deputy Upstream Head of Eni Antonio Vella.Eni will conduct the studies on Kish gas field as well as the third phase of Darkhovin oil field.The development plan of the first phase of Darkhovin oil field aimed at …

Sassan Khachaturian said his country is ready to export more electricity to Iran in the summer, and called for more gas import from Iran in the cold months.The head of the National Iranian Gas Exports Company (NIGEC) Ali Amiraani said in the meeting that expanding gas collaboration with Armenia is …

President of JSC NIAEP-holding Company of JSC Atomstroyexport (JSC ASE), the project's general contractor, Valery Limarenko made the remarks in an interview with Sputnik on Monday.The company's president added that a number of deals related to long-lead equipment were expected to be signed in the near future.'The contracts for production …

Tayebnia, who is in South Korea to attend second meeting of Asia Infrastructure Bank, met with president of Exim Bank.In the meeting, negotiations were concentrated on supplying finance for development and infrastructure plans in the energy, petrochemical, oil and health sectors. Officials and representatives from the Organization for Investment, Economic …

Speaking to reporters, Advisor to Managing Director of Qeshm Free Zone for oil and energy affairs Mohammad Javad Dehqani said that the capacity for the first phase of the gas complex will be 2,000 tons with a 250-million-dollar investment.Dehqani added that participation in launching the complex, to regulate, creation of …

Bayati said that Secretary General of ACI Asia-Pacific Ms. Petty Chaw in a letter declared membership of IKIA town and confirmed it.She congratulated membership of IKIA to ACI and expressed hope that this membership causes promotion of security and airport services in IKIA.The secretary general also voiced interest in mutual …

In the face of regional crises, the aerial industry of the Islamic Republic of Iran, by providing due services, has been a pioneer to promote balance across the region, Abedzadeh said.Iran, for example, by opening its airspace to Afghan, Iraqi and Ukrainian flights, at the time of crisis, prevented disruptions …

“Iran and Total are summing up and reviewing signing a contract on the development of Phase 11 of South Pars and they are in final stages of doing so,” Zangeneh said. He reiterated that signing the new oil contracts for the development of oil and gas fields by prioritizing the …

Tayebnia, who is in Seoul to attend Asian Infrastructure Investment Bank (AIIB) meeting, discussed issues of mutual interests with Jaitley.The two sides agreed on the necessity to accelerate the implementation of joint projects and it was due resources to be used for construction and completion of railway between Chabahar, Zahedan …

UN Resident Coordinator in Tehran Gary Lewis made the remarks in a ceremony held to celebrate the World Day to Combat Desertification and Drought on Saturday.There are several ways for controlling particle pollution in Iran and the region, the official added, noting that the program will help improvement of land …