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Tag Archives: Iran

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 …

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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, …

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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 …

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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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