Iran’s VP said many EU states back Iran’s $5b loan bid from the International Monetary Fund, adding that more serious efforts have been made for releasing country’s foreign exchange reserves in other countries.
Stating that efforts have to be expanded to implement the JCPOA, EU’s Foreign Policy Chief Josep Borrell said, “I am sorry that the European parties failed to meet their commitments under the JCPOA.”
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…
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…
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…
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…
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…
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…
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…
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…
