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 […]