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Tag Archives: Iran

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 …

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Azerbaijan Plans to Start Laying Rail Lines to Border with Iran

Azerbaijan Railways CJSC plans to start laying rail lines in mid-August of 2016 within construction of a railway section from Azerbaijan’s Astara station till the border with Iran as part of the North-South transportation corridor, Nadir Azmammadov, spokesperson for Azerbaijan Railways, told Trend. The North-South transportation corridor is meant to …

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Iran’s Spare oil Production Capacity Limited – Expert

Iran’s Spare oil Production Capacity Limited - Expert

Iran’s spare oil production capacity is quite limited, Kamran Dadkhah, an associate professor in the Department of Economics at the US Northeastern University, expert on Iran believes. “Prior to the Islamic revolution [in 1978-79] Iran produced 6 million barrels per day. On that basis Iran has close to two million …

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Iran’s Taban Airlines Enters Georgia

Iranian airline Taban Airlines plans to launch operation on the Georgian air market. The airline will perform charter flights, including: Isfahan-Tbilisi-Isfahan – twice a week; Tehran-Tbilisi-Tehran – twice a week;  Mashhad-Tbilisi-Tavriz – once a week; Tehran-Batumi-Tehran – once a week; Tavriz-Batumi-Mashhad – once a week; The civil aviation agency has issued …

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Iran and South Korea Set to Triple Trade to US$18b

South Korea

Iran and South Korea have decided to triple their annual trade volume to US$18 billion, President Hassan Rouhani announced on Monday after meeting his South Korean counterpart Park Geun-Hye. Iran and South Korea have decided to triple their annual trade volume to US$18 billion, President Hassan Rouhani announced on Monday …

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Where to Go in 2016: Top 16 Up-and-Coming Destinations

Where to Go in 2016: Top 16 Up-and-Coming Destinations

The best stories arise from the road less traveled. As new routes launch, developing nations welcome tourism and closed-off regions emerge. So what’s hot in 2016? We asked an expert panel of pros who thrive and survive on travel to new frontiers. Whether it’s staring into the eyes of a …

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Georgian Banks Didn’t Remove Restrictions from the Iranian Business

sanctions on Iran

Despite the lifting of international sanctions against Iran, the restriction policy  in the Georgian banking sector still applies  to Iranian companies  which  cannot start on bank transfers. As reported, the sanctions were lifted at the beginning of the year. We are talking about sanctions imposed against Iran in 2005, which …

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Iran-Russia Gas Swap Awaits Moscow’s Decision

Iran-Russia Gas Swap Awaits Moscow’s Decision

Iran, Russia gas swap remains as an idea at the moment, however Tehran is prepared for that, Hamid Reza Araqi, Iran’s deputy oil minister said. Iran and Russia’s Gazprom have held various talks on the issue in recent months, but no agreement has been reached so far, Araqi said, Fars …

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Rouhani Preparing to Visit Pakistan to Spur Energy Projects

Rouhani Preparing to Visit Pakistan to Spur Energy Projects

Iranian president Hassan Rouhani is preparing to visit Pakistan in coming days, IRNA reported on March 22. According to the report, the major agenda at Rouhani’s visit to Islamabad is negotiation over Iran-Pakistan gas pipeline as well as boosting power export to this country. Before, Pakistani Express Tribune reported that two …

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Maersk: No Agreement Yet on Developing Iran’s South Pars Oil Layers

Maersk: No Agreement Yet on Developing Iran’s South Pars Oil Layers

Denmark’s largest oil operator, Maersk Group says it continues talks with Iran to take part in possible oil projects, but no agreement has been reached so far. Iran’s semi-official Fars news agency reported March 15 that the high-ranking Iranian oil ministry officials have been holding secret talks with Maersk Group …

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Azerbaijan, Iran Plan to Launch New Passenger Route

Azerbaijan, Iran Plan to Launch New Passenger Route

Baku and Tehran are planning to launch a passenger train between Azerbaijan’s Nakhchivan city and Iranian city of Mashhad. This intention was sounded at a meeting between Javid Gurbanov, the Head of Azerbaijan Railways CJSC and Abbas Hajfathaliha, a member of the Board of the Iran Railways in Nakhchivan on …

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