UN calls on Iran to Stop Intimidating Journalists

UN experts call on Iran to stop intimidating journalists ahead of parliamentary elections The authorities in Iran should stop arresting, prosecuting and harassing journalists and online activists, and provide a safe space for freedom of expression as the country prepares for parliamentary elections early next year, UN human rights experts said today. “Increasing intimidation of […]

Foreign Investors to Flock to Iran in H2 2016

A senior petrochemical official says Iran will be targeted by foreign investors, mostly Europeans, in the second half of 2016. Isa Mashayekhi, managing director of Iran International Petrochemical Company (IIPC), said investments in Iran’s petrochemical sector have been seriously impacted by the sanctions whose removal will boost the industry in Iran. “Once JCPOA is implemented, […]

Russneft Officials in Tehran for Oil, Gas Swap Talks

A delegation from the major Russian oil company Russneft met officials from Iranian Ministry of Petroleum on Wednesday with a swap of oil and gas on agenda for negotiation. A joint committee was set up to continue the talks between the two sides, ministry sources told Shana. During the recent visit of Russian Energy Minister […]

Iran, Iraq Sign 6-Year Gas Deal

Iran has agreed to send 35 mcm/d of its gas to the Iraqi city of Basra for a period of 6-years. Based on the deal, signed by Head of National Iranian Gas Company (NIGC) Reza Araqi and Iraqi Deputy Minister of Electricity Khalid Hassan Saleh, Iran will supply 20mcm/d of natural gas to Basra in […]

Grain Traders Eye Business in Iran

Food wasn’t subject to the sanctions imposed on Iraq, but according to a report from Bloomberg the rules created enough difficulty to keep many grain suppliers out. While the biggest traders, such as Bunge and Cargill kept operating in the country, the end of sanctions is a chance to expand operations. German firm BayWa sent […]

How Internet Censorship Protects Iranian Businesses

By Mahmoud Pargoo, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran continues to restrict access to US-based social media networks such as Facebook, YouTube and Twitter as well as many other websites considered immoral or against its national security. Late last month, even Telegram, […]

BASF Ready to Invest in Iran Petchem Projects

Major European chemical manufacturing companies including Germany’s BASF are ready to transfer technology and invest in Iran’s petrochemical industry, first deputy managing director of National Petrochemical Company (NPC) said. Mohammad Hassan Peyvandi told participants at the Petchem Investment Panel of an international financial conference in Kish Island on Tuesday that a secured Iran tops foreign […]

Iraqi Kurdistan to Export Oil through Iran

BasNews reports that the Kurdistan Regional Government (KRG) is planning to build pipelines transporting oil and gas to and from Iran. Abdullah Akrayi, the Head of the KRG’s Department of Relations with Iran, told BasNews that Erbil has resumed discussions with Tehran to establish two pipelines importing gas from Iran and sending KRG oil to […]

Iran to Take Part in Astana Expo 2017

Iran has signed a contract to participate in the Astana Expo 2017. Deputy Minister of Industry, Mines and Trade, Hossein Esphahbodi, signed the deal with Kazakhstan Deputy Foreign Minister and Commissioner of Expo-2017 Rapil Zhoshybayev on Tuesday. According to the contract, Iran will participate in the Expo, which will be held in the capital of […]

Iranian Olive Branch Offers Diplomatic Paradigm Shift

By Hassan Ahmadian, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. It has been five years since the Arab Spring began roiling the Middle East and North Africa. During this time, conflict pitting Saudi Arabia and Qatar against Iran and its regional allies in Syria, […]

Russia Investigates Hydrocarbons and Metals in Iran

Russia’s Rosgeo is considering gas, oil, gold and ore projects in Iran. CEO Roman Panov (pictured) told TASS: “Geophysical exploration of gas fields in the South Caspian region and services of drilling technologies and enhanced oil recovery are considered in respect of hydrocarbons. “We are viewing proposals on aerial geophysical studies of promising areas and […]

Much-Awaited Future Energy Forum Opens for Membership

Beginning 2016 founders of The Iraq Club, will officially launch the Future Energy Forum (FEF), an exclusive business-focused community connecting a senior network of leaders specifically engaged in the development of emerging energy markets. A much anticipated forum, FEF is spearheaded by William Wakeham and Leanne Case, both of whom are leading experts on critical […]

Russia to Fulfill Contract for S-300 Missiles

Russia and Iran are reported to be proceeding with a contract for Moscow to supply Tehran with S-300 surface-to-air missile systems. Tehran signed an $800-million contract with Moscow in 2007, but Russia postponed delivery in 2010 after the U.N. imposed strict sanctions on Iran. Russia’s RIA Novosti quoted Rostec chief Sergei Chemezov as saying: “The […]

NIDC Considers Int’l Orders, Prioritises Home Business

The National Iranian Drilling Company (NIDC) is in negotiations with Italian firms Eni and Saipem, with a view to offering its services internationally. Company boss Heydar Bahmani also said NIDC is in talks with the Iraqi National Oil Company for increasing cooperation and the two companies have signed an agreement in this regard. But he […]

South Africans Conclude Successful Visit to Iran

Deputy President Cyril Ramaphosa concluded a successful three-day working visit to the Islamic Republic of Iran on Monday, 9 November 2015 where he led a high level government and trade delegation to consolidate bilateral political, economic and trade relations between the two countries. Deputy President Ramaphosa’s visit took place following the signing of the Joint […]

Iran Sets Sights on Armenia

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. If one thing is certain about Iran’s recent move to step up relations with Armenia, it’s that it’s for very good economic reasons. On Oct. 14, Tehran took the opportunity of impending sanctions relief […]

Is Qatar Iran’s door to the Gulf

By Ali Mamouri, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The map of alliances in the Middle East is changing rapidly, influenced by regional and international conflicts. Following the Iran nuclear deal signed in July and the improvement of Iran’s ties with the West […]

Salman Oil Output Up by 3.5k bpd

Iran raised crude oil recovery from Salman oil field in Persian Gulf waters by 3,500 b/d, operator of the field said. Ebrahim Paksima, an official in charge of the oil field at Iran Offshore Oil Company (IOOC), told Shana that the boost has been possible by completion of gas injection to the field which took […]

UNDP Recruiting in Iran

The United Nations Development Programme (UNDP) has advertised for the position of Training and Stakeholder Engagement Coordinator in Chalus. Please click here to download full details. (Source: UNDP)

Iran to Become Major Methanol Supplier

A senior Iranian petrochemical official said more than 24 million metric tons will be added to Iran’s methanol output in less than 5 years, which will transform the country into a benchmark supplier of the item in the global markets. Mohammad Hassan Peyvandi, deputy managing director of National Petrochemical Company (NPC), said the amount will […]