Japan to invest $10b in Iran
A senior energy official said here on Saturday that Japan is seeking to invest $10 billion in different economic sectors in Iran. Deputy Oil Minister for International Affairs Amir Hossein Zamani Nia said Iran and Japan enjoy aged-old relations. Touching upon Iran negotiations with Japanese companies on making investment in…
Japan refiners, banks resume Iran trade
Japanese oil refiners have started oil payments to Iran through the Asian country’s largest lender, the Bank of Tokyo-Mitsubishi UFJ (BTMU) which has resumed transactions with Iranian banks, a report says. Tokyo lifted sanctions against Iran last month after a landmark nuclear deal with the Islamic Republic went into effect….
Iranian oil shipper hopes to make up for lost time as sanctions end
Until 2012, the leaders of the National Iranian Tanker Company relished their work, playing cat and mouse with the Western authorities as they tried to keep a portion of their fleet on the seas despite an array of economic sanctions. “We felt like the last line of defense of the…
Tehran, Athens to sign energy MOU during Greek PM’s Iran visit
Deputy Petroleum Minister for International and Commercial Affairs Amir-Hossein Zamani-nia said that Iran and Greece will sign an energy memorandum of understanding (MOU) during Greek Prime Minister Alexis Tsipras’ next month visit to Iran. Announcing a two-day visit of a delegation of the Iranian Petroleum Ministry’s delegation to Greece, Zamani-nia…
