Tag Archives: Iranian Banks

Three billion dollars of the revenue from oil. gas. and condensates have entered the economic cycle of the country.

China’s ties to Islamabad have deepened in recent years as Beijing has pledged to fund $57 billion in infrastructure as part of its Belt and Road initiative.

The Trans Anatolian Natural Gas Pipeline (TANAP) will support regional trade and improve connectivity.

As the leader of TAPI Pipeline company Limited. Turkmengas State Concern. which has a controlling stake. acts as the main financier and project manager.

Iran is the best route for transferring Turkmenistan gas to Pakistan.

Indian government has focused on developing phase one of Chabahar Port.

Besides the Koreans. the Chinese too are planning multibillion-dollar optimization and expansion of two major oil refineries in Iran.

Pakistan will get $1.100 million ($1.1 billion) to help finance crude oil imports and LNG. mainly by Pakistan State Oil in coming days.

Iran has already built 900 kilometers of the pipeline on its own soil and is waiting for the 700-kilometer Pakistani side of the pipeline to be constructed.

The problem associated with China'.s payment for its petrochemical imports from Iran has now reached a point that requires negotiations between senior officials from both sides.