The pipeline’s offshore section is expected to equal about 910 km.
Read More »Iran Ready for Constructive Engagement with Europe
EU foreign policy chief Federica Mogherini has also welcomed the INSTEX.
Read More »EU will Try for Iran Taking Advantage of JCPOA Benefits
O'.Sullivan urges the US to respect the fact that Europe is still among signatories of the JCPOA.
Read More »Germany. France. UK to Set Up EU Channel for Transactions with Iran
The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).
Read More »Venezuela`s PDVSA Orders Prepayment for U.S.-Bound Oil Cargoes
Venezuela exports about 500.000 barrels per day (bpd) of crude to the United States.
Read More »8 Months Too Long for Establishing SPV
All the EU countries are hoping that SPV would be in place soon.
Read More »Implementation of EU Trade Mechanism with Iran Imminent
Iran says it will remain in the nuclear deal as long as its economic interests are guaranteed.
Read More »Russia-Ukraine Gas Transit Talks
One major stated purpose of these terms is to make the Ukrainian gas transit system commercially attractive for major European companies.
Read More »Switzerland & Iran Developing Payment Channel to Bypass US Sanctions
The European Union is also working on a financial mechanism to ease non-dollar trade with Iran and circumvent US sanctions.
Read More »Germany Convinced that Nord Stream 2 Project Cannot be Stopped
The construction of the 1.200-km-long Nord Stream 2 has been going for quite some time now.
Read More »
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