Tag Archives: Sanctions

Iran has demanded a payment of $6 billion from South Korea for oil deliveries made in the last few years. according to a report in a South Korean daily that quoted unnamed government officials.

The two remaining FATF-related bills that Iran has been requiredthe by Paris-based Financial Action Task Force to endorse are still being evaluated by the Expediency Council.

An investment of $75 million was to be made in the project by tapping the domestic resources of NIOC in the first phase.

The GOGPC has signed 54 deals with local manufacturers for production of oil industry items and parts over the first half of the current calendar year. which began on March 21.

The Iranian oil company Patropars was awarded the engineering. exploration and basic design sections of Farzad B Gas Field Development Project.

Experts believe the sanctions have largely failed to halt Iran’s lucrative business of metals.

Gas refineries in Iran had undergone major renovation and restructuring programs until September this year.

Iran'.s telecommunications minister announced that the country has defused a second cyberattack in less than a week. this time aimed at spying on government intelligence.

Siemens has been one of the longest-serving foreign companies in Iran with first activities dating back to more than 150 years ago.

New report shows that neighboring countries are increasing their purchase of Iran’s petrochemical products through a local energy exchange where more than $200 million sales have been recorded just in last week.