Home / Tag Archives: Iran (page 3)

Tag Archives: Iran

Iran Introduces Credit Cards For First Time

Lifted sanctions have Iran’s financial sector leaping forward. Iran introduced credit cards for the first time on Sunday, the Iranian Students’ News Agency (ISNA) reported. Iran is looking to bolster its oil production and economy after world powers in January lifted sanctions against the Islamic Republic in return for Tehran complying …

Read More »

New UK Envoy to Iran Hopes to Boost Tourism Ties

New UK Envoy to Iran Hopes to Boost Tourism Ties

The new British envoy in Iran, Nicholas Hopton hopes that during his tenure in Tehran, the tourism industry will see a huge boom in the land of the rich Persian culture. “I think Iran offers huge potential for a developed tourism market as it used to have in the past…,” …

Read More »

Iran May Rent Pipelines to Export Gas to EU

Iran May Rent Pipelines to Export Gas to EU

Iran may rent regional pipelines abroad instead of construction new routes to export gas to the EU, Alireza Kameli, head of the National Iranian Gas Company, said. Kameli said one of the feasible ways of delivering gas to the EU is the construction of LNG plants in Iran, but aside …

Read More »

Russian-Iranian Bank May Ditch the US Dollar

Russian-Iranian Bank May Ditch the US Dollar

Moscow and Tehran are actively working on opening a joint bank with plans to carry out operations in national currencies, according to the former president of the Russia-Iran Friendship Society Bahram Amirahmadiyan. The decision on setting up the bank was agreed last year but Western sanctions against Tehran have been …

Read More »

OPEC Head Meets Iran oil Minister in Tehran

Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Sanusi Barkindo met with Iran’s Oil Minister Bijan Namdar Zanganeh, SHANA reported Sept. 6. Barkindo earlier left Qatar to Tehran to discuss oil freeze issue. Qatar’s Prime Minister Sheikh Abdullah Bin Nasser met in Doha with Barkindo Sept. 5 …

Read More »

ADY Express Transports Cargo via North-South Route

ADY Express Transports Cargo via North-South Route

ADY Express company has started to transport cargo via the North-South route, the Azerbaijan Railways CJSC said. “Despite there is no railway between Azerbaijan and Iran, ADY Express company has been already transporting cargo via this route,” the message said. “For example, compressed liquid gas (butadiene) was transported from Iran …

Read More »

Iran Adds 532 mb of Oil, 522 bcm of Gas to its Reserves

Iran Adds 532 mb of Oil, 522 bcm of Gas to its Reserves

Iran added 532 million barrels (mb) of oil and 522 billion cubic meters (bcm) of gas to its extractible reserves since the beginning of Hassan Rouhani’s presidency in mid-2013, an Iranian official told Trend Aug.23 on condition of anonymity. “Currently the country’s recoverable proved oil and gas reserves stands at …

Read More »

Iranian Businessmen Plan to Open Pistachio and Nut Processing Factory

 Iormuganlo village in Kkaheti region cultivated pistachio saplings, project is being implemented together with the Ministry of Agriculture of Georgia, “TR Georgia Project 2“ and “Aric Group”. Revitalization of the pistachio is very important as its price on the international market exceeds the price of walnuts, hazelnuts and other nuts. Moreover, …

Read More »

Iran to Export 40 mcm/d of Gas to Georgia

Iran has provided more details on a small contract that it has sealed to export natural gas to Georgia – a project that could expand the energy reach of the Islamic Republic in Central Asia.  Alireza Kameli, the managing director of the National Iranian Gas Export Company (NIGEC), has been …

Read More »

Iran Signs Deal to Export 40 mcm of Gas to Georgia

Iran has signed a deal with the Georgian International Energy Corporation to export gas to the country within a 4-month period, Ali Reza Kameli, managing director of the National Iranian Gas Company (NIGC), said. Almost 40 million cubic meters of gas will be sold to the company under the test …

Read More »