Some regional countries disturb int’l oil market notoriously
Deputy Petroleum Minister for International and Commercial Affairs said on Sunday current problems in oil market are due to notorious acts of some regional countries, which is their reaction to Iran’s regional and international successes. Speaking on Iran’s production quota in post-sanctions era, Amir-Hossein Zamani said that relying on proper…
IRAN’S PETROCHEMICAL COMMERCIAL COMPANY considers sales offices in Europe, America
Iran’s Petrochemical Commercial Company is considering plans to open sales offices in Brazil, Switzerland, Germany and the UK after the removal of western sanctions on its civilian nuclear program, the company’s chief executive said on Saturday. ‘PCC has nine offices worldwide, including in India, Germany, Singapore, the UK and South…
Call for establishing Caspian energy network
Iran can establish an energy trade zone in the Caspian Sea region to export electricity to regional countries instead of natural gas, an energy analyst said. ‘We can import natural gas from Caspian Sea [littoral states] to generate and export electric power,’ Mahmoud Khaqani, a member of the Iranian Association…
Iran, Slovenia to carry joint venture water, electricity project
Visiting Slovenian Minister of Economic Development and Technology Zdravko Pocivalsek conferred on Sunday with Minister of Energy Hamid Chitchian on ways to carry out joint venture projects in the energy sector. Chitchian invited the Slovenian companies to cooperate in financing the water and electricity projects in the Islamic Republic of…
Iran, Italy to augment trade ties from current level of $7b a year
Iran and Italy decided to augment trade from the current level of seven billion dollars a year, Managing Director of the Islamic Republic of Iran International Fairs Joint Stock Company Hossein Esfahbodi said on Sunday. He made the remarks on the sidelines of inauguration of the Second International Italy Exclusive…
Iran to provide internet services to Afghanistan
Afghanistan Ministry of Communication and Information Technology Spokesman, Yasin Samim said that an agreement has been reached for buying Internet services from Iran. Speaking in an exclusive interview with IRNA Samim said that we signed a contract to pay $105,000 for each 10 Gigabyte. Currently Afghanistan is paying $250,000 for…
US media: Iran to receive major economic windfall as nuclear deal begins
A US online newspaper predicted huge blossoming for the Iranian economy in the wake of removal of sanctions. The Washington Free Beacon wrote “Iran’s economy is set to receive a substantial boost in the next two years as a result of billions in sanctions relief from the nuclear deal, according…
Iran ready to produce oil as scheduled in post-JCPOA era
Deputy Production Manager of National South Oil Fields Company (NSOFC) said on Friday thanks to proper planning, Iran is ready to boost production right after implementation of Joint Comprehensive Plan of Action (JCPOA). ‘Records registration was conducted successfully in the NSOFC and the increased production according to the schedule was…
Auto preferences to shift
The preferences of Iranians are likely to change in the post-sanctions era regarding their choice of cars, said an automotive expert this week. According to Farbod Zaveh, South Korean carmakers are likely to continue operating strongly in Iran, though the same cannot be said of Chinese brands, Financial Tribune reported….
