Iranian, foreign investors invited for joint venture in petchem

Managing Director of Persian Gulf Petrochemical Industries Company (PGPIC) Adel Nejad-Salim on Tuesday invited Iranian and foreign investors for joint venture cooperation to carry out petrochemical projects. Nejad-Salim extended the invitation at the 2nd Iranian Petroleum and Energy Club Congress & Exhibition (IEPC 2016) in Tehran on Tuesday. He said…

British businessmen interested in S.Pars oil projects

The representatives of the British Chamber of Commerce participating in a joint meeting with upstream sector managers of Pars Oil and Gas Company (POGC) expressed their interest to enter South Pars oil field projects. According to the Public Relations Department of POGC, the meeting was held to introduce existing plans…

Pentalateral meeting on railroad cooperation begins in Tehran

The Pentalateral meeting on the Central Asia railroad started work here Monday in participation with the regional countries. Iran, Kazakhstan, Tajikistan, Turkmenistan and Turkey have attended the meeting. The meeting aims to develop the railroad cooperation among the nations in the Central Asia and the Europe. Developing international transportation in…

Shell oil giant makes preparations for direct investment in Iran

Director for Investment of National Petrochemical Company (NPC) Hossein Alimorad said on Friday that Royal-Dutch Shell oil giant makes preparations for direct investment in Iran. He expressed hope that signing the primary memorandum of understanding (MoU) between NPC and Shell has been focused on the half-finished project of producing natural…

Bosnia calls for promotion of economic cooperation with Iran

Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina Mirko Sarovic called for promotion of economic cooperation with Iran. He made the remarks in a meeting with the Iranian Ambassador to Bosnia and Herzegovina Mahmoud Heydari on Thursday. Bosnia and Iran enjoy high economic potentials for cooperation, the…

S.Korea invests in building wind power plant in Iran

South Korean investors have signed a memorandum of understanding with local companies to construct a wind power plant in Southeastern province of Sistan- Balouchestan, a local official said. Speaking to IRNA, Manda Zangeneh, an official affiliated to the Sistan-Balouchestan Governorate said that Korean investors have declared interest to help local…

Iran, Austria to boost cooperation in renewable energy field

President of the Renewable Energies Technologies Development Headquarter of the Vice Presidency for Science Affairs has reported on a 5-year cooperation roadmap in renewable energies field between Iran and Austria. According to the Media Department of the vice presidency for science and technology affairs, a meeting was held in the…

Oil giants to come back to Iran

President of Middle-East & North-Africa Total Exploration & Production, Stephane Michel, said on Saturday that oil giants are in competition to come back to Iranian market. The Persian daily, Iran, quotes Michel as saying that in the wake of lifting the sanctions and implementation of the Joint Plan of Action…

Iran’s economy ready to attract investment: Diplomat

Iran’s ambassador to the Hague has expressed readiness of different economic sectors in Iran to attract investment and modern technologies. Addressing a trade meeting dubbed ‘Road to Iran’ that was held in the Netherlands, Ali Reza Jahangiri said the Islamic Republic of Iran has tried to create a proper atmosphere…

France’s PSA, Iran’s SAIPA seal JV deal

Carlos Tavares, PSA chairman, (second sitting person from right) and Mehdi Jamali, the managing director of SAIPA (third sitting person from right) at a ceremony to sign a joint-venture deal between the two companies. Iran’s major automaker SAIPA and France’s PSA Group have announced a deal to launch a joint-venture…