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…
Malaysia will pursue free trade agreement (FTA) talks with Iran as part of efforts to expand trade ties between Tehran and Kuala Lumpur. “We will visit Iran towards the end of January and will try to negotiate for more Malaysian products to be brought into the country,” Malaysia’s Plantation Industries and Commodities Minister Datuk Seri…
Iran and the European aviation giant Airbus signed a contract on Thursday to sell 100 jets to Iran Air, paving the way for deliveries to start next month, a year after sanctions against the country were lifted. The deal took weeks of shuttling between Airbus headquarters in Toulouse, France, and Tehran, complicated by a shortage…
NIOC and Malaysia’s PETRONAS (Petroliam Nasional Berhad) will ink an MoU this week on development of Cheshmeh Khosh and South Azadegan oilfields. Following the inking of Memoranda of Understanding (MoUs) for conducting developmental studies in Azadegan oil field with France’s Total, Britain’s Royal Dutch Shell and Inpex Corporation of Japan, a cooperation agreement will be…
Iran could become the leading tourism market in the Middle East and North Africa region, says an international market analyst. Nikola Kosutic the respected international analyst and head of research for the Middle East region at Euromonitor believes that “the potential is enormous when you consider where they are now, and what they could achieve…
Managing Director of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said on Tuesday that South Pars gas output has risen by 140 million cubic meters marking a record output growth. Meshkinfam said that since its operation in 1377 (1998-99) until end of (March 19, 2016) the last Iranian year of 1394 (2015-16), South Pars…
Iranian oil minister has announced that Russia’s Lukoil is seeking to launch crude oil swap with Iran. On cooperation between Tehran and Moscow over oil swap projects, Bijan Zanganeh said no talks were conducted in this regard during the recent visit to Iran of Russian Energy Minister Alexander Novak though relevant negotiations are underway with…
An NIOC official has reported on shipment of the first Iranian crude oil cargo to Italy’s Eni oil industry company in the post-JCPOA era. Executive Director for International Affairs at National Iranian Oil Company (NIOC) Seyed Mohsen Ghamsari, while pointing to launch of oil sales to Eni in the post-JCPOA era, said Iran has so…
NISOC managing director said negotiations were underway way to launch oil cooperation with BP, Argentina’s YPF as well as China’s Sinopec and CNPC. Aiming at attracting maximum investment and modern technology, Iran’s Oil Ministry, in addition to introducing new model of oil contracts, dubbed as the Iran Petroleum Contract (IPC), has allowed National Iranian South…
Indonesia says it plans to buy 1 million barrels of crude oil from Iran in the first quarter of the next year. Dwi Soetjipto, the chief executive officer of the state-owned Pertamina oil and gas corporation, was quoted by media as saying that that the projected imports from Iran would be provided to the Cilacap…
