Tag Archives: Minister

Turkey’s first drilling vessel. Fatih. has already started searching for gas and oil in waters considered part of Cyprus’s exclusive economic zone.

Officials from Iran. Iraq and Syria signed an agreement to further increase the joint projects of the trio for developing trilateral transportation infrastructures.

Iran has condemned the move as ``maritime piracy`` and summoned Britain’s ambassador in protest.

The project supports the government’s target to increase the share of renewables to 24% by 2030.

Iranian and Azeri officials in a meeting conferred on ways to further increase cooperation and reinvigorate relations between the two neighboring states amid the US sanctions against Tehran.

The Europe-proposed Instrument in Support of Trade Exchange (INSTEX) should provide a comprehensive channel for financial transactions with the European states to wire back Iran'.s crude revenues.

Iran has exported some $13 billion worth of goods and services to neighboring Iraq in the last local calendar year (March 21. 2018-March 20. 2019). which marks a 37% increase in a year-on-year comparison.

Iran is satisfied with the new decisions made in the recent meeting of the Organization of the Petroleum Exporting Countries (OPEC). including an extension to supply cuts to the global market and the exemption for Tehran.

Iranian Deputy Economy Minister Mohammad Ali Dehqan Dehnavi said that the Europe-proposed Instrument in Support of Trade Exchanges (INSTEX ) has failed to meet Iran'.s expectations. calling on the European states to compensate for their deficiencies.

The US has continued with what it describes as a ‘maximum pressure’ policy against Iran.