TEHRAN- The sixth meeting of Iran-Qatar Joint Economic Committee is being held in Qatar’s capital Doha, IRNA reported on Sunday. A 70-memebr delegation of Iranian traders and businessmen headed by Deputy Industry, Mining and Trade Minister Mohammadreza Fayyaz arrived in Doha on Sunday to attend the two-day meeting. The previous meeting of the joint economic […]

TEHRAN- Iran will increase its gas exports to Iraq’s capital city of Baghdad to 14 million cubic meters per day (mcm/d) since June, one year after starting gas exports to the Iraqi city, according to a director in the National Iranian Gas Company (NIGC). Behzad Babazadeh, director of international affairs of NIGC, said: “Based on […]

Iranian Oil Minister Bijan Namdar Zanganeh said that Iran does not need importing gas from neighboring Turkmenistan in the three-month period from Dec. 22 to March 21, 2019. He made the remarks in his meeting with Turkmenistan Foreign Minister Raşit Meredow, annoucning the continuation of gas swap deal with Turkmenistan via Iranian land and territory. […]

 Russia’s Sukhoi Civil Aircraft said it would continue to cooperate with Iranian airlines within the framework of interim agreements on the delivery of SSJ100R passenger aircraft, despite the re-implosion of US sanctions against Iran. “The Sukhoi Civil Aircraft will continue to work with Iranian airlines under the preliminary agreements signed at the Eurasia Air Show […]

Deputy CEO of Ports and Maritime Organization (PMO) for Maritime Affairs Hadi Haghshenas said that talks are underway to increase trade and transport between Iranian ports and Port of Baku in Azerbaijan Republic. He also noted that more efforts will be put into facilitation of transit of goods via the North-South corridor. Haghshenas pointed to […]

 After 13 years of hiatus, 6th meeting of Iran-Qatar Joint Economic Commission will be held in Doha on May 13-14. For this purpose, a delegation composed of 70 experts, businessmen and merchants in public and private sectors of the Islamic Republic of Iran, headed by Mohammad-Reza Fayyaz Deputy head of International Affairs at the Ministry of Industry, […]

Chief executive of Iranian Oil Pipelines and Telecommunications Company (IOPTC) Abbas-Ali Jafarinasab said that more than 80 percent of parts and equipment related to the oil pipelines and telecommunications is manufactured inside the country. Manufacturing required parts and equipment inside the country has been put atop agenda since 1993, he said, adding, “this issue caused […]

TEHRAN – National Iranian Oil Company (NIOC) has raised the June official selling price (OSP) for all its crude grades loading for Asia, Platts reported quoting a company source as saying on Wednesday. As reported, The OSP for Iranian Light crude was raised by 70 cents per barrel to a premium of $2 per barrel […]

TEHRAN- Following President Trump’s withdrawal from Iran’s international nuclear deal last Tuesday, Advisor to Iranian Transport Minister Asghar Fakhrieh Kashan announced on Friday that no down payment has been made by Iran to aircraft manufactures Airbus and Boeing, so the country would incur no loss in consequence of Trump’s decision, Fars news agency reported. As […]

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said Donald Trump’s decision on abandoning the nuclear deal is not going to have a great impact on Iran’s oil, gas and gas condensate exports and revenue, IRIB reported on Friday. In a live TV interview on Thursday night, Zanganeh noted that over 65 percent of the […]