January 31, 2018

Gazprom interested in Developing 4 Iran Gas Fields

Iranian Minister of Petroleum Bijan Zangeneh says Russia’s gas major, Gazprom, is interested in developing four gas fields in Iran. Speaking in a televised interview on Saturday night, the official said: “Iran has signed memoranda of understanding (MoUs) with Gazprom for carrying out studies on development projects of Farzad A, Farzad B, North Pars and […]
January 31, 2018

Iran Oil Exports at 2.5m bpd

Iranian Minister of Petroleum Bijan Zangeneh says the country is exporting over 2.5 million barrels per day of crude oil and gas condensate (ultra light crude oil). The official told a televised interview on Saturday night that the rise in crude production from Iran’s joint oilfields has increased its exports; the country’s exports have soared […]
January 31, 2018

Peugeot 2008 ramps up Production

The CEO of IKCO Supplying Automotive Parts Company (SAPCO) says given a growing demand for Peugeot 2008 in the Iranian vehicle market, the joint venture company between Iran Khodro and France’s Peugeot — Peugeot-IKCO car-manufacturing company (IKAP) — plans to increase its production. In an address to a joint meeting between the managers from Peugeot, […]
January 31, 2018

Pardis Petchem Plant signs deal with KBR

Iran’s Pardis Petrochemical Company has signed a cooperation agreement with UK’s KBR, a provider or technical licenses for ammonia units. The deal is signed in the field of technical engineering services with the aim of promoting production technology at the Iranian facility, Pardis Petrochemical Plant’s public relations said. The agreement was signed on Saturday by […]
January 31, 2018

Iran to Issue Its Own Cryptocurrency?

According to Iran’s Deputy Minister of ICT, the ministry is ready to collaborate with the Central Bank of Iran and the National Informatics Corporation to prepare the facilities for local FinTech companies working on cryptocurrencies. 

The post Iran to Issue Its Own Cryptocurrency? appeared first on TechRasa.

January 31, 2018

EnergyCoin – smart subsidy

A wise person once said: “You don't know what you've got until it's gone”. But the extraordinary scenes on Sunday in the Majlis in respect of Iran's budget due to the subsidy question reminded me of the converse saying: “You don't know what you haven't...
January 31, 2018

Tehran to host intl. conference on export transportation, logistics

TEHRAN- Iran’s 2nd International Conference for Export Transportation and Logistics will be held at the Tehran Permanent International Fairground on February 25, the portal pf Iran’s Trade Promotion Organization (TPO) reported on Tuesday.
January 31, 2018

Iran exports steel to 15 countries in 9 months

TEHRAN- Iran exported 6.37 million tons of steel worth $2.34 billion to 15 countries during the nine-month period ended on December 21, 2017.
January 30, 2018

Iran’s Parliament Approves the 10% Import Duty for Foreign Video Games

This year’s budget bill in the field of ICT, includes 10% import duty for non-Iranian or foreign video games.

The post Iran’s Parliament Approves the 10% Import Duty for Foreign Video Games appeared first on TechRasa.

January 30, 2018

Small industries to offer 161,000 job opportunities in 4 years

TEHRAN - The head of Iran Small Industries and Industrial Parks Organization said during the next four years 161,000 new job opportunities will be created in 20,000 small industrial unites across the country, IRIB news reported on Tuesday.
January 30, 2018

Over 5,000 water, electricity projects to be inaugurated

TEHRAN – Some 5301 water and electricity projects are due to be inaugurated in Iran on the occasion of Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), IRIB reported citing energy ministry’s news portal.
January 30, 2018

Chinese direct investments in Iran rise 20% in almost 4 years

TERHAN- Direct investments made by Chinese companies in Iran increased 20 percent during the period from March 2014 to late January 2018, Head of Organization for Investment, Economic and Technical Assistance of Iran Mohammad Khazaie announced.
January 30, 2018

Nearly $90m of state-owned shares divested in 10 months

TEHRAN- Iranian Privatization Organization (IPO) has transferred 4.054 trillion rials (about $89.59 million) worth of the state-run shares to the private sector during the ten-month period ended on January 20, Tasnim news agency reported on Monday.
January 30, 2018

Tehran to host intl. automotive conference in mid-Feb.

TEHRAN- The 5th Iran Automotive Industry International Conference (IAIIC) will be held in Milad Tower of Tehran on February 13 and 14, ISNA reported on Monday.
January 30, 2018

Iran to Launch Major Condensate Project by March

Iran says it is planning to launch the second phase of a major condensate refinery by the end of the current Iranian calendar year which began on March 21. Iranian Minister of Petroleum Bijan Zangeneh told a televised interview that the second phase of Bandar Abbas Gas Condensate Refinery will become operational by March. “Currently, […]
January 30, 2018

Eni invites NIDC to Participate in Tenders in Iraq

By John Lee. Italian oil giant Eni has reportedly invited the National Iranian Drilling Company (NIDC) to participate in its international tenders in Iraq. NIDC managing director Sepehr Sepehri is quoted as saying that Eni has invited the NIDC to take part in three drilling tenders that the it plans to hold in Iraq. The […]
January 30, 2018

Iran to Seek Arbitration in Turkmenistan Gas Row

By John Lee. Reuters reports that Iran is ready to file a case with the International Court of Arbitration (ICA) over the quality and price of gas it receives from Turkmenistan. The ICA is part of the Paris-based International Chamber of Commerce (ICC). Turkmenistan stopped gas exports to Iran in January 2017, saying it was […]
January 30, 2018

Record Exports of Iranian Shrimp

By John Lee. Iran has reportedly exported a record quantity of shrimp in the first nine months of the current fiscal year (started March 20, 2017). Isa Golshahi, an official with the Iranian Fisheries Organization, said 15,177 tons were exported, bringing in revenue of $72 million. Russia as well as south eastern Asia countries and […]
January 30, 2018

IIES to host Specialized Course with WUT

Iran’s Institute for International Energy Studies (IIES) is planning to host a specialized course with Warsaw University of Technology (WUT) on oil and gas topics. The course “Conservation and revitalization of the environment in oil fields” will discuss topics like introduction of the EU’s environmental regulations in the oil industry, how to revitalize land and […]
January 29, 2018

Switzerland willing to expand banking ties with Iran

TEHRAN- In a meeting with the Central Bank of Iran (CBI) Governor Valiollah Seif, the Swiss Ambassador to Tehran Marcos Lightner expressed his country’s eagerness for the expansion of banking ties with the Islamic Republic.