Iran signed a deal with France‘s Total on Tuesday to develop a major offshore gas field — its first big contract with a Western energy firm since sanctions were lifted in January. [Photo Report] Total will lead a consortium, which will also include China National Petroleum Corporation (CNPC) and Iran’s Petropars, to develop Phase 11…
Tehran super busy traditional market is closed on Friday holiday. The maze of bustling alleys and the bazaris (shopkeepers) that fill them make a fascinating, if somewhat daunting, place to explore. Traders have been hawking their wares on this site for nearly 1000 years, but most of what you see today is less than 200…
Iran Customs Administration (IRICA) has announced that the country’s volume of non-oil exports to China has experienced a 52 per cent upswing since 2013. On the basis of a report published by Iran Customs Administration (IRICA), the volume of Iran’s non-oil exports to China from 2009 to 2013 stood at 18.767 billion dollars while the…
Iran and an international consortium led by the French energy giant Total SA has signed the agreement in principle to develop phase 11 of the giant South Pars gas field. The 4.8 billion-dollar deal signed under the Islamic Republic’s new oil-contract framework is the first major agreement reached between Tehran and foreign energy companies following…
Iran says it expects to finalize the much-awaited plane purchase deals with global aviation giants Boeing and Airbus in the near future. Iran’s Minister of Roads and Urban Development Abbas Akhoundi told the domestic media that the representatives of the two companies are making frequent visits to Tehran to put the last touches on the…
Golestan National Park in north east of Iran is one of the most beautiful natural resorts during autumn with colorful trees creating magnificent landscapes. Golestan National Park is one of Iran’s largest, oldest and finest national parks. Situated in the north-east of Iran, inland from the south-east corner of the Caspian Sea, its 92,000 hectares…
Iran’s PMO managing director said no barriers exist on return of international shipping lines, including Denmark’s Maersk, to Iranian ports. Mohammad Saeidnejad, Managing Director of Iran’s Ports and Maritime Organization (PMO), made the remarks on Sunday adding “implementation of the Joint Comprehensive Plan of Action (JCPOA) has removed all restrictions on return of giant shipping…
Iran will sign a deal with France‘s Total today for the development of gas production at a major offshore field in the Persian Gulf, the Iranian Oil Ministry said. The Heads of Agreement (HOA) for the development of Phase 11 of the important South Pars field is worth $6 billion (5.4 billion euros), a ministry…
South Khorasan province is the Land of Red Jewels in Iran. In autumn, its strategic products are picked up one by one from the heart of desert and are dispatched to different parts of the country. Red Pearl is the trade name of pomegranate, which grows in the desert in Ferdows city, with 30 tons…
Managing Director of Iran’s Ports and Maritime Organization Mohammad Saeednejad said foreign firms are expected to make nearly $1 billion of investment in the country’s port and shipping industry. Since the removal of Iran sanctions, various foreign delegations have travelled to Iran and expressed willingness to invest in the country’s port and maritime projects, Saeednejad…
