10 facts about the gas fields Iran is offering to foreigners
Last month, Tehran hosted 137 companies from 45 countries for a two-day conference, during which the legal generalities of Iran’s new model of oil and gas contract (Iran Petroleum Contract, or IPC) were introduced. More details about the contracts will be unveiled at a conference likely to be held in…
Banking relations, 1st step to develop trade ties
Minister of industries, mines and trade said here Tuesday that banking cooperation is the first step towards reengaging in trade exchanges. Mohammad Reza Nematzadeh made the remarks addressing a conference today on expansion of Iran-Finland cooperation. At the conference, Nematzadeh invited the Finnish banks to boost cooperation with Iran. He…
Italy interested in construction of port in south of Iran
Italy says it is ready to construct port in Gas Field of North Pars in the Pars Special Economic Energy Zone (PSEEZ) located in the Persian Gulf region in south of Iran, an official said. The readiness was expressed during a meeting on Monday with participation of Managing Director of…
Iran, India determined to build seabed gas pipeline
Managing Director of National Iranian Gas Company (NIGC) Ali-Reza Kameli said on Tuesday Iran-India negotiations aimed at construction of seabed gas pipeline through Sea of Oman and Indian Ocean is being pursued seriously. ‘The 4.5 billion dollar pipeline project will transfer 31.5 million cubic meters of Iranian gas to Gujarat…
Moscow: Iran, Russia to end uranium exchange deal
Russian Envoy to International Atomic Energy Agency (IAEA) Vladimir Voronkov on Monday predicted that uranium exchange deal between Tehran and Moscow, upon JCPOA agreement between Iran and Group 5+1, will end by the end of the year. He expressed hope for approval of draft resolution of G5+1 in meeting of…
Italconsult to invest in setting up private bank at Chabahar, Iran
Managing Director of Chabahar Free Trade and Industrial Zone, Hamed Ali Mobaraki said on Monday that Italian company, Italconsult, is willing to invest in setting up private bank at Chabahar Free Trade Zone. Public Relations and International Affairs Department in Chabahar Free Trade-Industrial Zone Organization quoted Mobaraki as saying that…
Falling oil prices and chicken game theory
The role assumed by the countries on the world scene and the behavior exhibited by them when addressing global issues sometimes could well be defined by the game theory. An opinion piece published on Wednesday by the English-language paper Iran Daily, examines the global falling oil prices based on the…
Iran’s hand-made carpet, cultural envoy
Head of Iran National Carpet Center Hamid Kargar described Iran’s hand-woven carpets as transporter and initiator of Persian culture to all over the world. Kargar made that description here Monday evening at a local related gathering. Referring to the hand-made Iranian carpet as a cultural envoy, Kargar called for respecting…
Sweden welcomes cooperation with Iran in road safety, transportation renovation
Asghar Fakhrieh Kashan, deputy minister for international affairs at the Ministry of Transportation and Urban Development, said on Monday that Sweden has welcomed cooperation with Iran in providing road safety and renovation of road transportation. Kashan said the Swedish party had made a set of proposals for renovation of Iran’s…
Iranian delegation due in Iraqi Kurdistan region to discuss mutual cooperation
Head of Iran-Iraq Economic Development Headquarters Rostam Ghassemi will leave for Erbil of Iraq on Wednesday to meet and confer with officials of Iraqi Kurdistan region. Experts believe that the Iraqi Kurdistan region and Iran are to sign a contract for the first ever to launch joint energy cooperation.Director General…
