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Iran to boost oil output to 4.7m bpd: Minister

Iran to boost oil output to 4.7m bpd: Minister

He made the remarks in an exclusive interview with Argus media based in London.According to OPEC's monthly reports, the February figures said that Iran's oil output has increased and it is reaching 3.8 million barrels per day.Zangeneh said in the meantime that Iran will be bound to OPEC decision for …

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CAO: Treasury Secretary's remarks worried US, European firms

CAO: Treasury Secretary's remarks worried US, European firms

Everybody acknowledges that following the nuclear deal, the sale permission for Boeing and Airbus was issued by US Treasury Department Office of Foreign Assets, Reza Jafarzadeh said.Any curb on selling planes to Iran would be tantamount to the nuclear agreement violation on the American side, which would neither be accepted …

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Zangeneh: Iran remains committed to its pledges to OPEC

Zangeneh: Iran remains committed to its pledges to OPEC

As for the volume of Iran’s oil production and exports quotas in the market, the minister said that Tehran will continue the same number announced by the secondary (unofficial) sources that are regarded as a benchmark for all countries.Iran has been committed to the agreements made during the latest OPEC …

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Armenia keen on energy cooperation with Iran, Georgia, Russia

Armenia keen on energy cooperation with Iran, Georgia, Russia

According to Armenian News Website AM, Harutyunyan made the remarks in International Energy Charter Forum, entitled “Towards a Multilateral Framework Agreement on Transit of Energy Resources.”He urged to focus on the idea that access to energy is not a privilege, but a fundamental human right, News AM website quoted Harutyunyan …

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1st ME mobile power plant built in Iran

1st ME mobile power plant built in Iran

According to the Iranian enterprise MAPNA Group, the power plant is MAPNA’s new product. Easy portability and fast installation for power plants is common in many countries and this power plant is also capable of producing electricity in urgent conditions.It will be installed rapidly to produce electricity in less than …

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Envoy: Tehran keen to broaden relations with Muscat

Envoy: Tehran keen to broaden relations with Muscat

He made the remarks in a meeting with Minister of Royal Office of Oman Lieutenant General Sultan bin Mohammed al-Nu’amani.In the meeting, the two sides discussed ways to develop and expand bilateral relations in different fields.The Omani minister hailed the good relations between the two countries and said that Muscat …

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Air fleet investment changes Iran’s economy

Air fleet investment changes Iran’s economy

“Investing and purchasing ATR aircrafts can lead to promoting tourism everywhere in the country due to providing access to the country's low-income markets,' says Dr. Ali Dadpay, professor of economics at St. Edward's University, Austin, the US.'I can say with no doubt that this government has been the first one …

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Visa-free access of Iraqi commuters to Iran Arvand Free Zone

Visa-free access of Iraqi commuters to Iran Arvand Free Zone

Esmaeil Zamani, Managing Director of the Arvand Free Zone Organization (AFZO), said recently that the Iraqis can enter the Arvand Free Zone in their vehicles but to access the mainland in southwestern Iran, they need to submit their visas.Elaborating on the agreement between AFZO and the Iraqi officials, Zamani said …

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EEU to finalize free-trade deal with Iran

EEU to finalize free-trade deal with Iran

The deal when finalized would be a big step in strengthening relations between the EEU member states: Russia, Kazakhstan, Belarus, Kyrgyztan and Armenia, with Iran, and a victory for the body itself, the report published yesterday in Financial Times reads.“The EEU’s prime ministers resolved in March to make talks with …

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