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…
Algeria, Liberia keen on promoting scientific exchanges with Iran
Algerian and Liberian higher education officials in South Korea on Tuesday underlined enhancement of scientific exchanges with Iran. In a meeting with Iran’s Ministry of Science, Research and Technology senior official on the sidelines of the Summit of High-Ranking Policymakers of Innovation in Science and Technology in South Korea, advisor…
Iran welcomes broader economic ties with Holland, Kazakhstan
Minister of Industries, Mines and Trade in separate meetings with the Dutch Economy Minister and Kazakh Foreign Minister emphasized Iran’s will to broaden economic and trade ties with Amsterdam and Astana. [Iran welcomes broader economic ties with Holland, Kazakhstan] Mohammad-Reza Nematzadeh in the meeting with Holland’s Economic Affriars Minister Henk…
US says no more reductions of Iran oil purchases
US President Barack Obama emphasized on Wednesday that Washington will not seek future reductions of oil purchases from Iran and is committed to keep Tehran’s oil export at the levels of 2013. “In the Joint Plan of Action, the interim arrangement to address concerns with Iran’s nuclear program reached between…
Iran, Russia preparing to trade in own currencies
Iran said on Thursday that the process to switch to national currencies in transactions between Moscow and Tehran may be completed very quickly. Iran’s Deputy Trade Minister Mojtaba Khosrowtaj has told the Russian media that the two countries could start to trade in their national currencies within the next 2-3…
