NIOC to hold South Azadegan tender soon

Deputy oil minister said NIOC will invite a tender for expansion of South Azadegan oil field in near future. Reported by HPMM Group according to  MEHR NEWS ; Managing Director of National Iranian Oil Company (NIOC) said new international firms could be added to the vendor list of potential developers for NIOC projects explaining “as […]

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Bank Transparency, Disinflation Driving Gov’t Policy

Reported by HPMM Group according to FINANCIAL TRIBUNE ; Top banking officials and pundits gathered on Tuesday to discuss matters vital to the future prosperity of the Iranian banking system and as an extension, the Iranian economy, underscoring the importance of tamed inflation, better transparency and stronger lending. Governor of the Central Bank of Iran […]

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Zarif Assures Against Sanctions Snapback

The snapback provision–which makes it possible for the US and other parties to instantly bring back sanctions if Iran violates the deal–indicated that the nuclear agreement had been reached on the basis of mutual distrust Reported by HPMM Group according to FINANCIAL TRIBUNE ; Foreign Minister Mohammad Javad Zarif on Tuesday downplayed the possibility of […]

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Crude output to rise by 15k bpd

An oil official has announced that implementation of two new desalination plants in southern oil-rich regions will lift Iran’s oil production capacity by 15 thousand barrels per day. Reported by HPMM Group according to MEHR NEWS  ;Managing Director of Gachsaran Oil and Gas Production Company (GSOGPC) Houshang Seidali expounded on plans to boost the country’s […]

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German CEO Optimistic About Iran Prospects

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The CEO of the international advisory firm Roedl & Partner from Germany–who has just opened his Tehran office–said that after the lifting of sanctions, a more clear image of Iran is being presented and the world is getting a better understanding of Iranian realities. Christian Roedl added […]

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Senior Businessman Expects Iran Int’l Banking Ties to Improve Soon

A major part of the country’s banking problems with the international community will be resolved by the yearend, but the way American officials deal with these developments will also be an important factor . International banks are very eager to work with Iran, but because of negative past experiences and US fine, they are now […]

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Tehran makes new gas proposal to Moscow

Deputy oil minister said Iran welcomes Russia’s partnership in construction of the 9th cross-country gas pipeline with 2.5 billion dollars of investment. Reported by HPMM Group according to MEHR NEWS ; Hamidreza Araghi, Managing Director of National Iranian Gas Company (NIGC), touched upon Iran’s plans to develop gas cooperation with Russia in the post-JCPOA era […]

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Plasco Tragedy Sufferers to Receive Relief, Loans

The economy minister has ordered INTA to forgive all tax debts pertaining to production units and sales outlets in the collapsed building that mainly produced apparel, shoes and sportswear . The Ministry of Cooperatives, Labor and Social Welfare has announced a different set of loans and welfare benefits for people affected by the Plasco tragedy. […]

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New Deadline for Regulating Bureaux de Change

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Central Bank of Iran is required to take measures for regulating the operation of bureaux de change operators by the end of the current Iranian year on March 20, said First Vice President Es’haq Jahangiri. “The central bank should make it clear what exchange shops are […]

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Yazd prov, Indonesia sign MoU on exhibition co-op

Yazd International Commercial Exhibitions and Indonesia sealed an exhibition cooperation MoU to cement ties especially in industry, mine and wood fields. Reported by HPMM Group according to IRNA ;The MoU was sealed on the sidelines of the 2nd International Industry and Mine Exhibition in Yazd between Indonesian ambassador to Iran Ocatvino Alimudinand and the Managing […]

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