Major Greek trade team to visit Tehran
Iran’s media say a major Greek trade delegation will arrive in Iran soon to explore the potentials for investments in the country after the removal of the sanctions. The Tehran Times has reported that a delegation comprising 40 business leaders will arrive in the capital in later November. It said…
Iran OKs joint bank with Russia
Iran has approved a proposal by Russia to establish a bank for investments in joint economic projects, a deputy co-chair of the Russian-Iranian intergovernmental commission said on Wednesday. The bank will initially focus on investment in bilateral trade and other joint economic projects. “It [the establishment of the bank] could…
Russia may produce Sukhoi Superjets in Iran
Russian officials say the country is negotiating with Iran over the local production of the Sukhoi Superjet 100 (SSJ 100) airliner to replace the ageing Iranian fleet on regional routes. Russia’s Deputy Prime Minister Dmitry Rogozin says Moscow may deliver a large batch of SSJ 100 planes – described as…
High-speed rail to link China to Iran
Chinese authorities have proposed a high-speed railway connecting its western city of Urumqi to Tehran, the country’s biggest English-language newspaper, China Daily, says. The proposed Silk Road route will connect China to West Asia, stretching from Urumqi and Yining to Almaty in Kazakhstan, Bishkek in Kyrgyzstan, Tashkent and Samarkand in…
15 major international shipping lines call at southern Iranian port
An Iranian official says 15 major international shipping lines have chosen the country’s southern Shahid Rajaei port as their port of call. Ebrahim Idani, director general of Hormozgan Province Ports and Maritime Department, said Shahid Rajaei is currently Iran’s biggest commercial port, which is directly and regularly visited by major…
Gas Exporting Countries Forum to convene in Tehran today
The third Gas Exporting Countries Forum (GECF) is to be inaugurated in the presence of several presidents from nine countries this afternoon. In addition to heads of states and governments from 17 permanent and observer countries and guests, secretary generals of the Organization of Petroleum Exporting Countries (OPEC) and International…
OPEC, IEF chiefs in Tehran to attend gas summit
Secretary generals of the Organization of Petroleum Exporting Countries (OPEC) Abadallah El-Badri and the International Energy Forum (IEF) Aldo Flores-Quiroga arrived here on Sunday to take part in the summit meeting of the Gas Exporting Countries Forum (GECF) on Monday. Previous GECF gas summit meetings were held in Qatar in…
Iran, Oman negotiate exporting LNG
Iranian Petroleum Minister Bijan Zangeneh discussed exporting LNG via Oman during a meeting here on Sunday with the visiting Omani minister of Oil and Gas Mohmmed bin Hamad Al Rumhi, said an official in the Iranian ministry. ‘Top on the agenda of the talks was ways of using Oman’s unused…
Italian firms seeking long-term investment in Iran
Italian companies are seeking continued investment in Iran, said Director General of Italy’s Industries, Mines and Trade Association Andre Gabriel. Addressing a meeting of the Italian delegation comprising directors of 20 Italian companies and East Azarbaijan province’s merchants, he added that establishment of Iranian-Italian firms in fields of energy, oil,…
Report of the 17th Ministerial Meeting of the Gas Exporting Countries Forum
The 17th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was convened in Tehran, Islamic Republic of Iran on Saturday, 21st November 2015, under the Chairmanship of His Excellency Dr. Emmanuel Ibe Kachikwu, Minister of State for Petroleum Resources of the Federal Republic of Nigeria, as President of the…
