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Thursday, 06 August 2015 11:18

South Pars phase 21 operational by winter

Phase 21 of the supergiant South Pars gas field is 78% complete and its gas, after being refined, will be injected to national gas trunklines by winter to boost supply …
Tuesday, 04 August 2015 14:07

Iran bank to fund plane purchases

Iran says it is studying a plan to create a fund to provide loans to enable domestic businesses to purchase planes.
Sunday, 02 August 2015 12:01

Signs show Iran shifting trade to Europe

Iran’s media are reporting a shift in the composition of the country’s trade partners, citing a recent rise in trade with Europeans versus a drop in imports from traditional Asian …
Iranian Road and Urban Development Abbas Akhoundi announced that Tehran and Paris are in talks to ink agreements to purchase Airbus passenger planes from France.
Tuesday, 28 July 2015 15:28

Iran says will pick best trade partners

Iran says it will from now on pick and choose its trade partners, adding that it does not want an expected opening of its doors to investors in a post-sanctions …
The return of experts from French automaker, Peugeot, to Iranian auto companies has attracted heavy criticism from Iranians who claim a one-billion-dollar compensation for the losses inflicted by the French …
Tuesday, 28 July 2015 12:35

Parsian Gas Refinery output hits 2.2bcm

Parsian Gas Refinery processed more than 2.2 mcm of gas during the third month of the calendar year which began on March 21.
A deputy petroleum minister says Iran has purchased 17 giant liquefied petroleum gas (LPG) carriers during the past two years in a bid to ramp up export of LPG and …
Iran’s media reported on Sunday that the recent surge in the enthusiasm of European automakers to get a foothold in the Iranian market is already pushing Chinese brands to leave.
Iran’s gold output is estimated to rise to 7 metric tons by 2017 which could significantly improve the country’s place among the world’s producers of the precious metal.
Managing-Director of the Islamic Republic of Iran Shipping Lines (IRISL) Mohammad Hossein Dajmar announced on Tuesday that international shipping lines have widened their interaction with Iran after Tehran and the …
An Iranian official says after the conclusion of the Joint Comprehensive Plan of Action between Iran and the P5+1 group, European insurance companies have indicated their willingness to work with …
Thursday, 16 July 2015 14:56

Report: US firms in talks for Iran trade

US corporations such as Boeing and General Electric and tech giant Apple are studying potential entry into the Iranian market or expansion of their existing operations, American media report.
International entrepreneurs are eyeing Iran as the most important market opening up to major equity investors.
Iranian producers of cooking oil are accusing a Saudi holding with a controlling stake in a company in Iran with dumping.
Iran is in talks with the biggest floating LNG company for production of liquefied natural gas, head of the National Iranian Gas Company Alireza Kameili said on Thursday.
Iranian Economy Minister Ali Tayyebnia described the country's market as the greatest and most lucrative one in the region, expressing hope that relations with the European states would return to …
The Iran Mercantile Exchange (IME) announced that around $981mln of various commodities weighting over 1,932,000 tons were traded in its domestic trading and exports halls in June 2015.
Iran, Italy and Algeria have formed a tripartite partnership to establish a date processing plant in the North African country.
Turkmenistan’s capital city of Ashgabat is to host the second edition of Iran's specialized exhibition of energy and technical and engineering services, known as “Iran Project.”