Zarif sent a letter to EU Foreign Policy Chief to denounce the EU3’s non-compliance with JCPOA after the three European states drafted an anti-Iranian resolution at the IAEA Board of Governors, Mousavi announced. “Following the irresponsible and illegal measure by the three European states (Germany, the UK, and France) to …
Read More »Indian Bank Eyes Non-Oil Imports from Iran to Sustain Rupee-Rial Trade
India’s UCO Bank is exploring the avenues to keep the rupee payment mechanism with Iran alive, amid the challenges made by the US’ unilateral sanctions. According to A K Goel, MD and CEO of UCO Bank, with India no longer importing oil from Iran, the lender is in talks with …
Read More »Qatar Optimist about Expansion of Joint LNG Field with Iran
Saad al-Kaabi, Qatari energy minister and chief executive of Qatar Petroleum, announced that his country intends to expand the world’s largest liquefied natural gas (LNG) project, i.e. its North Field (known in Iran as South Pars) gas field, and expects investment opportunities overseas, despite a slump in global energy demand …
Read More »Iran eyes 100mn-Ton Petchem Output till March 2021
Iranian Oil Minister Bijan Namdar Zanganeh said the country’s petrochemical production capacity is planned to cross 100 million tons per year by the end of the current fiscal (March 2021). Speaking to local radio, Zanganeh underlined the most important plans of his ministry this year, saying, “We must all take …
Read More »Arrival of Iranian Oil Tanker, Carrying Gasoline, to Venezuela Embarrasses US
Shipping gasoline to Venezuela embarrassed and humiliated US more than ever like pounding US’s Ain al-Assad military base in Al-Anbar Province in Baghdad.
Read More »Zanganeh Criticizes Turkey’s Lack of Coop. on Repairing Joint Gas Pipeline
Iran’s oil minister on Monday criticized Turkey’s lack of cooperation with Iran on having the blasted Iran-Turkey natural gas pipeline repaired. In an interview with state-run radio, Zanganeh said Turkey had “not welcomed” Iran’s offer to repair a natural gas pipeline inside Turkey that was damaged by a blast in …
Read More »Tehran, Ankara Stress Reopening of Borders to Resume Trade
Iranian President Hassan Rouhani and his Turkish counterpart Recep Tayyip Erdoğan urged the reopening of joints borders through observing of health protocols as both neighbors are keen to resume trade exchanges.
Read More »Iran, Turkmenistan, Uzbekistan Borders to be Reopened in Current Month Amid Pandemic
Borders of Iran, Turkmenistan and Uzbekistan will be reopened on June 1 which had been closed due to the outbreak of the novel coronavirus, also known as COPVID-19.
Read More »Iran’s Non-Oil Exports Booming as Corona Fading Away
Governor of Central Bank of Iran [CBI] Abdolnaser Hemmati said that Iran’s non-oil export is booming as the coronavirus global pandemic is fading away.
Read More »Iran Vows Retaliation in Case Its Oil Tankers Seized by US
Iranian Foreign Ministry Spokesman Abbas Mousavi condemned the US’ threats against free trade, warning that any seizure of Iranian tankers will be retaliated. “Free trade between independent states is legitimate, and what is illegal is interference in these relations and the US is standing at the forefront of that. Trump’s …
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