Tag Archives: Transit

Iran’s Southeastern port of Chabahr is very important for Russia. and President Vladimir Putin believes that the port can ease transportation of goods to the Gulf of Oman. other countries and the Indian subcontinent.

Iranian Vice-President and Head of the Management and Planning Organization Mohammad Baqer Nobakht announced that the government will put into operation a 132 kilometer rail route in the Northeastern province of East Azerbaijan within the next 2 months.

The first Caspian Economic Forum will give an extra impetus to cooperation in spheres of trade. investment and tourism.

Growing LNG-capacities in Europe will be a constraint for Turkey in its path to dictate terms to the EU as a regional gas hub.

All the five littoral states have been trying to reach a solution on the issue.

Iran has won the first phase of the legal proceeding at the International Court of Arbitration (ICA) over the quality and price of gas it received from Turkmenistan in 2007. an informed source said.

Iranian Commercial Attaché to Iraq Nasser Behzad announced that the two neighboring countries have signed a new agreement to further ease bilateral trade ties and increase economic cooperation.

Chabahar is a great opportunity to transit Afghanistan’s goods to different countries.

Shipping insurance has climbed following multiple rounds of seizures and tanker attacks earlier this year.

IEA countries hold 1.55 billion barrels of public emergency oil stocks.