Posts Tagged “EU”

Iran to sign first FLNG deal with Norway

Iran to sign first FLNG deal with Norway

Iran, the world’s biggest gas reserve holder (33.5 trillion cubic meters, 18 percent of the total) has increased its gas output significantly and is targeting an output of 1 bcm/d by March 20, 2018. Iran prefers to export liquefied natural gas (LNG) to distant markets including the EU, but no agreement has yet been reached…

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Iran’s oil exports to Europe reached 1m bpd

Iran’s oil exports to Europe reached 1m bpd

Iran’s crude oil and condensate exports to Europe has reached one million barrels per day. Iran sells crude oil to European companies within the framework of long-term deals and spot cargo, however the volume of spot cargo is higher, an informed source told Fars News Agency. Iran still encounters problems in receiving payments due to…

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Iranian tankers leased oil to EU giants

Iranian tankers leased oil to EU giants

NITC head announced that 35 Iranian tankers have been leased out to oil companies in Europe like Spain’s Cepsa and Eni of Italy. New Managing Director of the National Iranian Tanker Company (NITC) Sirous Kianersi described latest status of oil displacement agreements between NITC and huge European oil companies saying “so far, 35 contracts have…

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Iran oil tanker in Europe first time after JCPOA

Iran oil tanker in Europe first time after JCPOA

An Iranian oil tanker has called at a European port for the first time since the lifting of sanctions last January, said managing director of the National Iranian Tankers Company (NITC) said. Sirous Kianersi added the first NITC tanker leased to a major Spanish oil company docked at the Port of Algeciras just recently, reported…

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Iran-EU trade up 66% just in 10 months

Iran-EU trade up 66% just in 10 months

The European Union’s trade with Iran amounted to €10.3 billion in the first 10 months of 2016, a 66 percent rise year on year, based on the latest figures released by the European Union’s statistics agency Eurostat. The figure was €6.2 billion during January-October 2015, Tasnim news agency reported. Iran’s exports to the EU stood…

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Iran can supply gas to Europe via Georgia, Black Sea

Iran can supply gas to Europe via Georgia, Black Sea

Iran‘s gas can be exported to Europe via Georgia and the Black Sea in the near future, said head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). According to Fars News Agency, Gholam-Hossein Shafeie noted, “Cooperation between the two countries (Iran and Armenia) is of special importance in energy security and in the…

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Europeans finance Iran’s plane purchases

Europeans finance Iran’s plane purchases

Head of Civil Aviation Organization has said four European countries have been commissioned to finance Iran’s possible plane purchases from world air industry giants. Ali Abedzadeh told Mehr News on Thursday that Germany would be the most probable candidate to finance through credits Iran’s prospective plane purchase agreements, with Italy, Ireland, and France possibly as…

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Iran, EU officials discuss expansion of relations

Iran, EU officials discuss expansion of relations

Iranian Deputy Foreign Minister for American and European Affairs Majid Takht-Ravanchi discussed expansion of Iran-EU bilateral relations with two Members of the European Parliament in Brussels, Belgium. In a meeting held on the sidelines of the second phase of high-level talks between Iran and the European Union in the city, Takht-Ravanchi held separate meetings with…

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Iran’s petrochemical exports to Europe doubled

Iran’s petrochemical exports to Europe doubled

An NPC official said Iran’s petrochemical exports to Europe experienced a twofold increase in the first seven months of the current Iranian year as compared with the same period last year. Director of Production Control in Iran’s National Petrochemical Company (NPC) Alimohammad Bosaghzadeh expressed satisfaction towards production volume of Iranian petrochemicals in the first seven…

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Iran starts gas oil export to Europe

Iran starts gas oil export to Europe

Deputy oil minister, while pointing to record high exports of 25 million liters of gas oil per day, said Europe has also begun importing the Iranian petroleum product. On the latest status of oil products exports, Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi said “for the first time in…

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