Thursday 21 September 2017
 
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Iran

South Pars Phase 19 revenue tops $3bn

Revenues from natural gas and condensates in Phase 19 of Iran’s South Pars Gas Field exceeded $3 billion since gas extraction and processing in the phase began in April 2016, a report said. The phase has produced 13.05 milli

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Key role seen for Oman in Iran-India gas pipeline

Oman is likely to play a major role as a potential transit hub in plans for a deep-water pipeline supplying natural gas from Iran to India, a report said. India’s top trade lobby, the Associated Chambers of Commerce and Indu

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Maersk in talks with NIOC to develop South Pars

Denmark-based Maersk Group is in talks with National Iranian Oil Company (NIOC) over the development of South Pars oil production project, a report said. "Parallel talks have started with other multinationals to undertake the

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EU rejects punitive tariffs on Iran steel exports

Iran’s steel exports to Europe is now safe from punitive measures after EU governments rejected proposals to impose trade tariffs on imports from the country, said a report. The European Commission, which sets out trade poli

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Iran manufacturers to support South Pars Phase 11 project

Senior officials from France's Total will meet industrialists from major Iranian companies this week to discuss cooperation in the implementation of the 11th phase of South Pars Gas Field, an official said. "A meeting bet

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Iran manufacturers to support South Pars Phase 11 project

Senior officials from France's Total will meet industrialists from major Iranian companies this week to discuss cooperation in the implementation of the 11th phase of South Pars Gas Field, an official said. "A meeting bet

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Iran kicks off solar power plant operations

Iran has put into operation a 100-kilowatt solar power plant in Isfahan, a report said. The solar plant has been invested by an industrial company active in the field of electricity and energy with cooperation of Isfahan Science a

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Iran unveils reserve solar energy reactor

Iran has unveiled a long-term reserve solar energy reactor in the Science and Technology Park of Qazvin, a report said. The reactor works through physical and chemical reactions to reserve long-term solar steam, reported Irna.

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Germany inks deal to buy methanol from Iran

A German company has signed a contract for in-advance purchase of methanol from Iran, said a top official. The plant has more than 96 per cent physical progress in construction and will start to produce its products in the current

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Iran set to finalise $30bn worth credit line

Iran plans to finalise financing deals worth $30 billion with international institutions within the next month, a senior official has been quoted as saying. Mohammad Khazaei, head of the Organization for Investment, Economic and T

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