Japan oil companies to resume cooperation with Iran
An association of Japanese oil companies has decided to resume technical cooperation with Iran’s oil refining industry. The Japan Cooperation Center, Petroleum, or JCCP, made the decision following the recent lifting of economic sanctions on Tehran. The center began sending engineers to the Middle East in 1981 after Japan was…
EU delegation to visit Tehran
The first delegation of European Union from the sector of science and technology is due to arrive in Tehran later in the day to discuss with representatives of different bodies about joint venture cooperation in 22 specialized fields. EU has chosen and introduced Iranian Research Organization for Science and Technology…
Iran, Germany to establish joint venture shipping lines
The Islamic Republic of Iran Shipping Lines (IRISL) and German shipping company PWL signed on Monday a memorandum of understanding on setting up joint venture shipping lines. According to IRISL public relations department, the MoU was signed during the recent visit of IRISL managing director to Hamburg, in Germany and…
Zangeneh: Petrochem sector needs $50b investment
Minister of Petroleum Bijan Zangeneh said that Iran’s petrochemical industry needs over 50 billion dollars in new investment. Zangeneh made the remarks at the board meeting of the National Petrochemical Company (NPC). Zangeneh anticipated that the value of produced petrochemical products would hit 18 billion dollars by end of current…
Iran trade delegation off to Germany
A 60-member trade delegation from Tehran Chamber of Commerce is to travel to Germany today. The Iranian delegation is to visit Germany at the invitation of economic activists in German state of Bavaria. Located in southeast of Germany, Bavaria is the largest state in that country. Tehran’s German visit is…
Iran, Italy sign euro 1bn petrochemical MOU
Iran and Italy on Sunday signed a memorandum of understanding (MOU) worth one billion euros for cooperation in petrochemical industries. After the termination of anti-Iranian sanctions many international companies had announced readiness for presence in Iranian petrochemical industries and held talks with concerned Iranian officials, which are leading to signing…
Iran, Germany to develop cooperation on print industry
Director General of Culture and Islamic Guidance Ministry’s Department for Printing and Publishing and German Cultural attaché in Tehran Justus Kemper on Sunday discussed cooperation on print industry. Mahmoud Reza Barazesh referred to the significance of the print industry, saying that the industry enjoys high importance across the world going…
US insurer says got White House okay to cover Iranian oil cargo
A US-based insurer to the global shipping industry said it got the White House authorization to cover non-American companies shipping oil from Iran. The Office of Foreign Assets Control on February 5 “prospectively removed” the restriction that previously prevented the American Club from providing cover for Iranian cargoes, the New…
Iran issues 30-day visas for tourists from 180 countries
Foreign Ministry offices in provinces, and especially country’s international airports are directed to issue 30-day visas for nationals of 180 countries, deputy foreign minister for legal and international affairs Abbas Araqchi said on Saturday. Araqchi made the remarks in a meeting of Isfahan Governor General, mayor, head of Chamber of…
Post-sanctions Iran set to develop oil, gas industry
Deputy Petroleum Minister for International Affairs and Commerce Amir-Hossein Zamani-Nia said Iran is determined to develop its oil and gas industry because the country’s production is not proportionate with its hydrocarbon reservoirs. “Iran’s oil industry needs investment, technology and management transfer in the industry’s various sectors in the post-sanctions era,”…
