Holland ready for int’l cooperation in energy field
Holland’s energy minister here on Monday announced his country’s readiness for international cooperation in the energy field, arguing that harmony among Gas Exporting Countries Forum member countries can lead to innovations in the field. Hang Cum who was speaking at the Monday evening session of the 3rd GECF Summit Meeting…
President Rouhani: Iran to boost gas output to 1bln c/m per day
President Hassan Rouhani announced here in Monday that Iran’s gas output will hit one billion cubic meters within next two years from the current 600 million cubic meters. ‘We are planning to increase the country’s annual gas output to 1 billion cubic meters from the current 600 million cubic meters,’…
Russia aims to clinch $21bn in export deals
Moscow is hoping to cement its strengthening relationship with Tehran by clinching industrial export deals worth more than $21bn, as it prepares to send one of its biggest trade delegations to Iran next month, Financial Times reported. Ilya Tarasenko, new president of Sukhoi Civil Aircraft, said the company was in…
Iran poised to become regional power exporter
With the world’s largest proven gas reserves, Iran has the capacity to become a major natural gas exporter and a regional powerhouse. However, Iran’s gas reserves have remained untapped as the Western sanctions have impeded the development of the nation’s gas infrastructure. With the signing of the Iran nuclear deal…
Talks with foreign enterprises for 5 LNG projects
Managing Director of National Iranian Gas Company (NIGC), Hamid-Reza Araqi said on Tuesday that Iran is negotiating with foreign companies for commissioning five Liquid Natural Gas (LNG) projects to raise exports. Araqi told the meeting of the International Gas Union, which happened on the sidelines of GECF Summit in Tehran…
Iran, Serbia to invest in industries, mining sectors
Minister of Industry, Mines and Trade, Mohammad-Reza Nematzadeh, said on Tuesday that Iran and Serbia will embark on joint investment in industrial, mining and agricultural sectors in the future. In a meeting with Serbian Parliament Speaker Maja Gojkovic, Nematzadeh said trade, tourism, culture, science and research, exchange of professors and…
Eurasian Economic Union to consider free trade zone with Iran: Putin
Russia-led Eurasian Economic Union (EEU) will study the possibilities to create a free trade zone with Iran, Russian President Vladimir Putin said Monday. The EEU is an economic union of former Soviet republics, which comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. ‘The EEU will begin [soon] studying the possibilities of…
Iran, Netherlands sign protocol on agricultural cooperation
Iran’s Minister of Agricultural Jihad Mahmoud Hojjati and the Netherlands’ Minister of Economic Affairs Henk Kamp on Tuesday signed a protocol for cooperation in the agriculture sector. The document envisions cooperation in various agricultural domains, including expansion of greenhouse cultivation, raising water productivity, agricultural crop processing and market supply. Speaking…
Several European companies bid for partnership with Iran on LNG
Deputy Oil Minister for Gas Affairs Hamid-Reza Araqi said on Tuesday that several European companies have offered proposals for partnership with Iran on construction of LNG units and export of gas but no decision has been made by Iran so far. Speaking to reporters on the sidelines of a meeting…
Germany ready to assist Iran in refinery renovation
A top official of Germany’s reputable BASF Company said here on Tuesday the firm is ready to assist Iran in renovation of its refineries and petrochemical complexes. Carl K. Lee who was speaking at the 2015 International Iran-Catalyst Conference said that Iran is among the few regions in the world…
