NIGC still after exporting gas to Georgia
TEHRAN– Managing Director of the National Iranian Gas Company (NIGC) Hamidreza Araghi said that the contract to export Iran’s gas to Georgia is still being negotiated between private sector, Georgia, Armenia, and Iran. “The contract for the export of gas to Georgia has not been ruled out yet and if the agreements get finalized, the […]
Iran, India to cooperate on joint research projects
TEHRAN – Iran and India are after expanding scientific and technological cooperation through announcing a call for proposals with the intention of presenting joint research projects. Through an agreement between the Center for International Scientific Cooperation of the Ministry of Science, Research and Technology of the Islamic Republic of Iran and the Department of Science and […]
Iran’s projected 7% GDP growth not driven by oil: fin. min.
TEHRAN – Iran’s Finance and Economic Affairs Minister Masoud Karbasian praised the country’s current gross domestic product (GDP) growth saying, “What makes this growth important is that, it is not driven only by oil income.” According to Karbasian, although this year’s GDP is going to be less than last year’s 12.5 percent but considering the […]
ECB governor calls for tax, regulation on bitcoin
A top European Central Bank official on Wednesday called for governments to regulate and tax bitcoin, labelling the cryptocurrency an object of speculation and a tool for money laundering. “One ought to apply what the basic rule is in any other financial transaction: everyone involved should reveal their identity,” ECB governing council member Ewald Nowotny […]
Iran, France to hold HSE tutorial workshop in oil industry
An Iranian and French Training Workshop on HSE (Health, Safety and Environment) in the oil industry will be held in Tehran on Jan. 29-30, 2018. The Iranian-French Tutorial Workshop will be held in the presence of France’s most prestigious oil and gas majors in the field of HSE in cooperation with HSE Department and Commercial […]
Export from Noshahr Port up 68%
The Director General of Mazandaran province Ports and Maritime Organization Mohammad-Taghi Anzanpour said that goods export from Noshahr Port experienced a considerable 68 percent hike in the nine months of the current Iranian calendar year in 1396 (from March 21 to Dec. 22) as compared to the last year’s corresponding period. Turning to the 68% […]
Saffron export in S Khorasan up 22%
TEHRAN – Export of saffron in South Khorasan province increased 22 percent in the eight months of the current Iranian calendar year in 1396 (from March 21 to Nov. 22) as compared to the same period last year. Deputy Minister of Industry, Mine and Trade for Exports Affairs Mojtaba Khosrotaj made the remark on Wednesday […]
Asian markets extend gains, dollar hit by further weakness
Asian equities continued their positive start to the year on Wednesday following more record closes on Wall Street, but the dollar faced further selling pressure. Analysts warned that global markets could face an uncertain year as Donald Trump’s tax cuts have already been priced into valuations, while central banks are on course to start winding […]
ECB governor calls for tax, regulation on bitcoin
A top European Central Bank official on Wednesday called for governments to regulate and tax bitcoin, labelling the cryptocurrency an object of speculation and a tool for money laundering. “One ought to apply what the basic rule is in any other financial transaction: everyone involved should reveal their identity,” ECB governing council member Ewald Nowotny […]
Loading of First Platform of South Pars Phase 14 Begins in Southern Iran
An operation to load the first platform of Phase 14 of Iran’s giant South Pars gas field, which has been designed and manufactured by the country’s domestic experts, began on Tuesday. The loading of the gas platform 14A on to a ship off the southern port city of Bandar Abbas started on Tuesday morning. The […]