Russia to launch own crude benchmark
Russia announced on Friday that it is planning to launch its own crude benchmark in 2016. Segey Kvartalnov, an advisor from the St. Petersburg International Mercantile Exchange (SPIMEX), told reporters that Russia’s plan to launch its own crude benchmark is meant to enable its domestic oil blends compete with other…
European economic delegations coming into Iran
The European economic and trade delegations have started coming into Iran as the date for the implementation of the Joint Comprehensive Plan of Action (JCPOA) is approaching. The visit of the European delegations to Iran is taking place after a gap of one decade; the Italian and Hungarian delegations are…
Iran, Ireland study cooperation on air transport
The Islamic Republic of Iran and Ireland studied on Wednesday avenues for cooperation on air transport. Irish ambassador, Brendan Ward met with the Deputy Minister of Roads and Urban Development and head of the Iranian Civil Aviation Organization Ali Abedzadeh. According to the public relations department of the civil aviation…
Iran-Oman gas deal to be signed soon
A senior Omani Oil Ministry official said on Wednesday that Iran will soon sign an agreement with Oman over the exports of natural gas to the Persian Gulf country. “The two countries negotiated signing the agreement for more than 3 to 4 years and we will soon witness signing gas…
Gazprom, Iran working on gas exchange operations for Armenia gas supplies
The Russian energy giant Gazprom is in talks with Iran over gas exchange operations for gas supplies to Armenia, CEO Alexey Miller said. On Tuesday, Miller met Georgian Energy Minister Kakhaber Kaladze for negotiations, sputniknews.com reported. ‘Yes, we did discuss this issue, currently we are working on the issues of…
Iran safest, shortest way for optic fiber network
Deputy Minister of Communications and head of the Information Technology Organization Nasrollah Jahangard said on Wednesday that Iran is the safest corridor for optic fiber network between the East and the West. Jahangard told a group of government officials that Iran is a country lying from the East to the…
Gas exports to Turkey go on regularly
The economic attaché of Iran’s Embassy in Ankara Ali-Reza Jabbari said on Wednesday that Iranian gas exports go on regularly. Talking to IRNA, Jabbari ruled out media allegation that the gas export to Turkey was disrupted. He said that no cut-off happened in supplying gas to Turkey. He ruled out…
Iran Offshore Oil Company giving priority to joint fields
Managing director of Iran Offshore Oil Company (IOOC) said the two oil fields of Salman and Foruzan which are being shared with neighboring UAE and Saudi Arabia respectively are given priority in company’s newly introduced Iran Petroleum Contract (IPC) investment projects. “Among Sorush, Noruz, Dorud, Salman, and Frouzan fields which…
Baghdad Provincial Council boycotts Turkish products
Baghdad Provincial Council has voted on Tuesday on boycotting the Turkish products and any contract or agreement with Turkish companies. Member of Baghdad Provincial Council Saad al-Matlabi said in an interview with IraqiNews.com: “The Council voted today on boycotting the Turkish products.” He added that “The council also called the…
Finnish minister: Iran apt for Investing
Finnish minister of foreign trade and development says Iran abounds with investment opportunities for Finland, expressing hope that Tehran’s nuclear deal will be a beginning for expanding mutual relations with Iran. Addressing the first Iran-Finland Business Seminar held in Tehran on December 8, Lenita Toivakka hailed Iran as a significant…
