France’s Total will equip Phase 11 of South Pars Gas Field with a pressure booster station to regularly pump two billion cubic feet of gas per day for nearly 20 years as part of a deal between Tehran and the French energy giant. Oil Minister Bijan Namdar Zanganeh told Tasnim News Agency on Monday that…
Iran will finalize a contract with French aircraft manufacturer Airbus on the purchase of jetliners next week, said Minister of Roads and Urban Development Abbas Akhoundi. He added that the details of the contract with Airbus to purchase brand new aircraft will be made public afterwards, Tasnim News Agency reported. During Iranian President Hassan Rouhani‘s…
France’s imports from Iran in the first nine months of 2016 show a staggering 34-fold rise compared to the corresponding period last year, thanks to resumption of oil imports after coming into force of the Iran’s nuclear deal with world powers, known as the Joint Comprehensive Plan of Action (JCPOA). Iran-France trade has tripled since…
Iran has become the first crude exporter to France in September, for the first time since the country began to export oil there after the sanctions have been removed on the country. Iran exported over 200,000 bpd t France The reports suggest that Iran’s export of oil to France hit just over 200,000 barrels per…
Iran’s petrochemical industry was privatized more than a decade ago. Today, the government is only paving the ground for the development of petrochemical sector. During years of international sanctions on Iran, the government was of great help to the private sector in its transactions. The signature of a historic nuclear deal between Iran and six…
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…
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 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…
Head of container affairs of Shahid Rajaei Port in Hormuzgan Province announced on Saturday that 17 international container shipping companies have resumed their activities in the port adding that Maersk Line of Denmark and MOL of Japan as well as CMA of France and Messina of Italy will begin operations in the port soon. Turaj…
Iran-Daily: Western insurers are slowly reaching deals with Iran as they seek to reenter a multibillion-dollar market 10 months after the lifting of international sanctions in January. Iran is now in more active talks with insurers to provide cover in a market valued at $9 billion overall last year and potentially double that in the…
