Dutch firm to organize IPC review workshop in Europe
The Amsterdam-based Philip Sidney company said it is planning to hold a workshop in Europe on reviewing Iran’s new oil and gas contracts models for interested parties in Europe. Talking to Shana on the sidelines of the Iran Petroleum Contract (IPC) Conference in Tehran, the firm’s representative Gert Demmink said…
Iran-Hungary economic commission to convene after 12 years
Minister of Industry, Mines and Trade, Mohammad-Reza Nematzadeh said on Monday that the first Iran-Hungary economic commission will convene after 12 years of halt. He made the remarks on the sidelines of his meeting with visiting Hungarian Foreign Minister and Commerce, Peter Szijjarto. Speaking to reporters, he said Iran-Hungary joint…
Small German firms hold edge in Iran
Despite the international sanctions that have choked off much of Iran’s foreign trade, many German companies have continued to do business here—legally—in recent years. Now those companies are likely to be among the first to benefit from the country’s expected reopening, after a U.S.-led deal in July to ease the…
Belarus keen to increase ties with Iran: Envoy
Belarus keen to increase ties with Iran, Belarusian Ambassador to Iran Victor Ribak said on Monday. He made the remarks in a meeting with the Mayor of Tabriz Sadegh Najafi. The envoy added that Belarus and Iran relations are developing. Volume of two countries’ joint investment has been more than…
Gazprom: Rivalry, co-op could go hand in hand
A senior official at Russia’s Gazprom company said Tehran can be Moscow’s gas rival in future, adding the issue should not create hinderance in the way of bilateral cooperation in gas field development. Exclusively talking to IRNA on condition of anonymity, he said Gazprom company is to invest in Iran’s…
Technip eyes strong presence in Iran oil projects
The French energy industry company Technip said it is hopeful to have a strong partnership in Iran’s new oil development projects. ‘Technip had successful projects in Iran. We hope to continue our activities after betterment of international conditions,” the firm’s regional director, Shahram Motevaselian told Shana on the sidelines of…
Iran moves to revive foreign trade lifeline
Iran is taking the most vital step toward reviving foreign trade, activating banking and insurance ties in time for removal of sanctions to process transactions. Foreign companies seeking to enter the Iranian market have to get banks on board to open letters of credit and insurers to underwrite critical export-related…
Daimler Trucks says looking for partners in Iran
Daimler AG’s commercial vehicles division says it is in talks with potential partners in Iran to resume production in the country as sanctions look set to be lifted. Roland Schneider, president and CEO of Daimler Commercial Vehicles in the Middle East and North Africa, said the German manufacturer intends to…
Italy intends to be Iran’s leading trading partner
Italy intends to elevate its rank among Iran’s leading trading partners in the world from ninth to first, said Italian Deputy Economic Development Minister Carlo Calenda in Iran-Italy Business Forum, which was held yesterday in Tehran. The Italian official also said his country is the second leading trading partner of…
Iran delists South Pars phase 11 among IPC projects
TEHRAN – Iran has ruled out introduction of the controversial South Pars gas field’s phase 11 to foreign investors under the terms of the recently unveiled Iran Petroleum Contract (IPC) model, the SHANA news agency reported on Sunday. Iranian oil decision makers let slip the news in the ceremony held…
