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 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…
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…
eputy minister of industry, mine and trade announced that 60 deals have been signed between Iran and the foreign countries after the Joint Comprehensive Plan of Action (JCPOA) in July, 2015. Half of those 60 deals on the fields of industry, mine and trade have been finalized, Ali Yazdani told IRNA Tuesday after a local…
A top official with National Iranian Oil Company (NIOC) Mohsen Qamsari said on Wednesday that Iran’s oil exports to Europe has risen to 700,000 b/d. Iranian oil exports to European countries had nearly stopped during sanctions. After the implementation of the Joint Comprehensive Plan of Action (JCPOA) in January, the European countries resumed oil imports…
Germany’s flagship carrier Lufthansa announced that the number of its weekly flights to Iran has almost quadrupled. Lufthansa’s flights to Iran have increased from seven to 27 every week in the post-sanctions era “Lufthansa’s flights to Iran have increased from seven to 27 every week in the post-sanctions era,” Executive Vice President of Sales for…
Britain says it is witnessing signs of growing trade with Iran, emphasizing that it has serious plans to boost economic relations with the Islamic Republic to a new level. International Trade Secretary Liam Fox was quoted by the media as telling an Iran-UK trade forum in London that relations between the two countries had specifically…
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…
EU’s foreign policy chief Federica Mogherini met and talked with Iran’s Foreign Minister Mohammad Javad Zarif in Tehran. The High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, who landed in the Iranian capital on Friday evening, shared views on regional issues with Iran’s FM Zarif on Saturday morning. Zarif hailed the…
