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…
Iran could sign first IPC-based contract in March or April: official
TEHRAN – Iran could sign the first development deal within the framework of its new model of oil contracts in March or April, Ali Kardor, deputy director of investment and financing at the National Iranian Oil Company said. Iran introduced its long-awaited new model of oil contracts, known as the…
Iran lures foreign investors with new oil contracts
TEHRAN – Iran unveiled a new model of oil contracts Saturday aimed at attracting foreign investment once sanctions are lifted under a landmark nuclear deal reached earlier this year, and said US companies would be welcome to participate. The new Iran Petroleum Contract replaces a previous buyback model, in which…
Iran, Italy ink trade co-op deals
The Iran and Italy inked four tourism and trade cooperation agreements here on Sunday. The agreements were inked by the Iranian and visiting Italian officials on the sidelines of Iran and Italy trade conference in Tehran. As per the agreements the two sides are obliged to foster relations in technical…
Italian official calls for cooperation on small industries
Head of international committee of Confederation of Italian Industry Leica Matiuli said on Sunday that 90 percent of Iran’s industrial structures are combined by small and medium size companies, calling for cooperation in the field of small industries. She made the remarks to a Conference on Iran-Italy Trade. She said…
