Iran Becomes 3rd Major Oil Supplier to India
Iran stands the third major supplier of oil to India after Saudi Arabia and Iraq for exporting more than 500,000bpd crude to the country. Based on the statistics available, India imported 4,350,000bpd oil on the average in the first three months of 2016, showing about 500,000 bpd increase in the imports compared to the amount […]
China and Iran to build oil export terminal in Persian Gulf
China and Iran agreed to jointly build an oil terminal in the Persian Gulf. The planned oil terminal will be built on Qeshm Island in the southern part of the Persian Gulf. It is expected to turn it into an important hub for oil production and storage. The $550-million contract was signed by Iran’s Machine […]
Eurasian Union to hold expert talks with Iran
Member-countries of the Eurasian Economic Union (EAEU) will hold expert-level talks on creating a free trade zone (FTZ) with Iran at the end of June, Russia’s First Deputy Economic Development Minister Alexei Likhachev told TASS on June 16. “The talks are scheduled for late June. These will be consultations at the level of experts from […]
Iran and Tajikistan stress enhanced cultural cooperation
Iran’s cultural counselor in Tajikistan Ebrahim Khodayar on June 16 underlined the need for enhanced cultural cooperation between Tehran and Dushanbe, IRNA reports. Khodayar was speaking during a meeting with the director of international affairs department of Tajikistan’s Ministry of Culture. During the meeting, the two sides discussed ways for expansion of cultural and artistic […]
Iran and Russia to product Sukhoi Superjet 100
Iranian trade minister said the country is interested in the joint production of Sukhoi Superjet 100 airliner with Russia, Press TV reports. Iran says it is looking into a plan to jointly produce Sukhoi Superjet 100 (SSJ 100) airplanes with Russia – what could take the Islamic Republic to the club of global plane makers […]
Iran rejects oil proposal of Hungary
A National Iranian Oil Company (NIOC ) official, while pointing to MOL Group’s request to import light crude from Iran, said the country is not ready to deploy the oil product to the Hungarian company, Mehr News Agency reports. Executive Director for International Affairs at National Iranian Oil Company (NIOC) Seyed Mohsen Ghamsari pointed to […]
Turkey to build industrial city in Iran
Head of Iran’s Chamber of Commerce Mohsen Jalalpour said that Turkey is planning to construct an industrial city in Iran, ISNA reports. “Istanbul’s Chamber of Industries will build an industrial city with 140 units in Iran,” Jalalpour told reporters on June 15, He reiterated that Turkey will invest $10 billion in the construction of the […]
Turkmenistan and Iran discuss transportation ties
On June 6, 2016, the talks with the delegation of the Islamic Republic of Iran, headed by the Minister of Roads and Urban Development Mr. Ahmad Akhundi were held at the Ministry of Foreign Affairs of Turkmenistan. The Ministry of Foreign Affairs of Turkmenistan announced details of the meeting. During the meeting, noting the coherent […]
Armenia, Iran to cancel visa regime
Armenia and Iran plan to sign an agreement to cancel visa regime. The draft document is on the agenda of the Armenian government meeting, which will be held on June 2, Tehran Times reports. Two countries aim at the further development of relations between the two countries, strengthening mutually beneficial economic, trade and other ties, […]
Iranians consume 60 million liters of alcohol annually
Iranians spend about $216 million on alcoholic drinks and 60 million liters of alcohol is consumed in the country annually, Mohammad-Reza Qadirzadeh, the official of the Iranian Legal Medicine Organization (ILMO) said. He said, “Most of the alcoholic drinks made clandestinely and sold illegally, are found to contain harmful substances including drugs such as tramadol, […]
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