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Swiss industrialist: Ground is well prepared for development of Iran oil industry

On December 5, 2015, Posted by , In News, With No Comments

Swiss managing director of the Arya-SGS Company said Iran can expand international activities after removal of sanctions, adding that the ground is well prepared for development in Iran’s oil and gas industries. David Robinson told IRNA that development of oil and gas fields in Iran needs foreign investment. Iran can…

Bright future lies ahead of Iran’s oil industry: Peruvian official

On December 5, 2015, Posted by , In News, With No Comments

A top manager at a Peruvian oil company says Iran has a sophisticated oil industry. Talking exclusively with IRNA, Business Development Manager of PLUSPETROL said a bright future is ahead of Iran’s oil industry. ‘Iran enjoys extraordinary investment opportunities,’ Bautista Vermal said. Vermanl said elimination of anti-Iran sanctions against Iran’s…

Singaporean business circles call for ties with Iran

On December 5, 2015, Posted by , In News, With No Comments

A group of businesspersons, companies and financial institutions in Singapore called for establishment of joint chamber of commerce, investment and tourism between Iran and Singapore. The demand was put forward on Friday at a conference on getting familiarized with investment and trade opportunities in Iran. The conference was held due…

25 countries to participate in Iran petrochemical event

On December 5, 2015, Posted by , In News, With No Comments

Iran is to host companies from 25 world countries during Iran Petrochemical event, an official said. Deputy Managing Director of Iran National Petrochemical Company Mohammad Hassan Peyvandi told reporters here on Saturday that the 12th Iran Petrochemical Forum (IPF) will be held in Tehran December 13-14 with participation of numerous…

136 companies to attend Iran’s ibex 2015

On December 4, 2015, Posted by , In News, With No Comments

136 Iranian and foreign companies will attend the 9th International Flour and Bakery Industry Exhibition of Iran (ibex 2015), which is scheduled to be held from December 6 to 9 in Tehran Permanent International Fairgrounds. Mehdi Khanmohammadi, the chairman of Tehran Industrial Bakery Association, said the exhibit will be participated…

Lukoil keen to return to Anaran oil field in Iran

On December 4, 2015, Posted by , In News, With No Comments

President of the Russian Oil Company ‘Lukoil’ Vagit Alekperov said that he discussed the returning of the company to Anaran oil field in western province of Ilam, Iran, with Oil Minister Bijan Zangeneh. Alekperov told reporters that during his meetign with Zangeneh, they also signed a Memorandum of Understanding (MoU)….

Zangeneh: Foreign investors interested in Iran’s oil contracts

On December 4, 2015, Posted by , In News, With No Comments

Iranian Oil Minister Bijan Namdar Zangeneh announced that the international oil companies have voiced their satisfaction in new oil contracts presented by Iran. Zangeneh arrived in Vienna earlier today (on Thursday) to attend the 168th meeting of the Organization of Petroleum Exporting Countries (OPEC). ‘We believe that the reaction of…

Zangeneh: Iran to raise oil production after lifting of sanctions

On December 3, 2015, Posted by , In News, With No Comments

Iranian Oil Minister Bijan Namdar Zangeneh announced here Thursday that Tehran will add 500,000 barrels of oil per day to its current production by January after lifting of the anti-Iran sanctions. ‘Following the latest report of Director General of the International Atomic Energy Agency Yukiya Amano on Iran’s nuclear activities,…

Iran mulls investment in giant titanium reserves

On December 3, 2015, Posted by , In News, With No Comments

Iran needs more than $4.2 billion of investment over the next five years to bring a massive titanium mine in the country’s southeast fully online, an official says. The deposits in Fanuj can yield 30 million tonnes of titanium ore a year over a period of 400-500 years, head of…

Iran biggest investment attraction in decades

On December 3, 2015, Posted by , In About Iran,News, With No Comments

Global financial services firm Morgan Stanley in a report has described Iran as the next biggest investment attraction for international corporations after the fall of the Berlin Wall. Morgan Stanley in its report has emphasized that Iran’s vast fossil fuel resources have specifically added to its numerous advantages as a…