Foreign ministers of Iran and India met in Islamabad on Wednesday and talked about promotion of bilateral relations including construction of a seabed pipeline to export gas to energy thirsty India. The meeting between Mohammad-Javad Zarif and Sushma Swaraj took place on the sidelines of the conference Heart of Asia-Istanbul…

Iran resumed exporting natural gas at 30 mcm on Wednesday to neighboring Turkey via the trans-border pipeline following the repair of turbo-compressors on the Turkish side, said an official in the National Iranian Gas Company (NIGC). “After NIGC noticed the problem on Monday and announced it to the Turkish side,…

Iran will see its petrochemical output increase by nearly 12% during the calendar year to March 20 2017, bringing its output to nearly 53 mt/y, a senior petrochemical official said. Production control manager of National Petrochemical Company (NPC) Ali Mohammad Bossagh Zadeh said Iranian petrochemical plants will process 47 million…

Iran and Finland have discussed ways to promote joint cooperation on transferring modern technical know-how in the petroleum industry. ‘Presently, an array of environmental projects have been conceived in the development of Iran’s petroleum industry and the Islamic Republic can use the expertise offered by the Finish companies in the…

Australian Deputy Foreign Minister Peter Vargiz on Thursday expressed his country’s support to implementation of Joint Comprehensive Plan of Action (JCPOA), saying that Australia is taking necessary legal action to lift sanctions imposed on Iran. He made the remarks in a meeting with Iran’s Ambassador in Canberra Abdolhossein Vahaji. The…

Russia has called on India to replace Turkey in its market. The plea was made during a visit to New Delhi by Russia’s Deputy Prime Minister Dmitry Rogozin. Rogozin’s visit started on 8 December and it was reportedly meant to prepare the grounds for the annual Russia-India Summit scheduled to…

Head of Cultural Heritage, Handicrafts and Tourism Organization Masoud Soltanifar, who is currently in Tunisia at the head of a specialized tourism delegation, is to meet with President Mohamed Beji Caid Essebsi. The Iranian delegation accompanying Soltanifar comprises tourism activists of the private and state-run sectors. The fifth meeting of…

Iran’s Minister of Industries, Mines and Trade Mohammadreza Nematzadeh has proposed free trade on some goods to Serbia. He made the remarks in the 14th meeting of Iran-Serbia Joint Cooperation Committee here on Tuesday. He stressed that Iran was after long-term and strategic cooperation with world countries and favoured joint…

Iran has replaced Kuwait as the fifth largest oil supplier to India, the Economic Times said. The Indian newspaper said that “Iran has toppled Kuwait to become India’s fifth largest crude oil supplier in the first half of 2015-16 fiscal year, selling over 6.5 million tons of oil.” “Iran, which…

Iranian Minister of Economic Affairs and Finance Ali Tayebnia said Tehran and Beirut will facilitate and speed up their bilateral trade by signing a preferential trade agreement. ‘To this end, a working group was formed by Iran to study carefully the details of the agreement,’ he said in the meeting…