Tag Archives | Georgia

Iran to sign Power Deal with Georgia

The CEO of the National Iranian Gas Company (NIGC) said the company was preparing an electricity contract to sign with Georgia for export of 10% of the power it receives from Armenia in exchange for natural gas. Speaking to Shana, Hamid Reza Araqi said NIGC had earmarked 10% of the gas it receives from Armenia […]

Iran has settled Gas Dues to Turkey: NIGC

The managing director of National Iranian Gas Company (NIGC) said Iran has settled its debt to Turkey for overcharging gas and from now on receives payments for its gas flow. Hamidreza Araghi told a press conference on Monday that if Iran does not play a crucial role in the international gas market, it does not […]

Russia Hosting Conference on Iran-North Caucasus Cooperation

An international conference about ways to boost economic relations between Iran and the North Caucasus region opened in the Republic of North Ossetia-Alania in Russia on Tuesday. The international event is underway in North Ossetian State University in Vladikavkaz, the capital city of the Republic of North Ossetia-Alania, and will last for two days. The […]

Georgian Startups Target Iranian Market

By John Lee. Georgia’s Innovation and Technology Agency (GITA) has opened a new Iran-Georgia Technology Transfer Office to provide a platform to Georgian startups to develop their business activities to Iran. According to a report from Agenda, GITA said the main aim of the new office is to deepen cooperation between Georgia and Iran and […]

German Railway Operator Says Keen to Contribute to NSTC

A leading German railway company has expressed willingness to use the International North-South Transport Corridor (INSTC) and begin delivering goods from Europe to Iran through the Azerbaijan Republic. Representatives of German railway operator Deutsche Bahn said they were interested in use of NSTC, which is expected to provide a faster and more efficient trade connectivity […]

Iran Signs Pilot Contract with Georgia on Gas Export

Iran has signed a small-scale pilot contract with a Georgian customer to export gas to the Caucasian country via Armenia, Iran’s oil minister announced on Tuesday. Iran hopes that the pilot deal will be implemented by next March with the supply of gas through Armenian territory, Bijan Namdar Zanganeh told reporters in Tehran on Tuesday, […]

Iran to Finalize Gas Export to Georgia in Weeks

Iran to Finalize Project to Export Gas to Georgia in Weeks A project on exporting Iranian gas to Georgia will be finalized within the next two months, an Iranian official announced Monday. According to managing director of National Iranian Gas Exports Company (NIGEC), Alireza Kameli, Tehran is seriously working on the gas export project. He […]

Rosneft to Export Fuel to Iran through Azerbaijan

By John Lee. Russia’s Rosneft intends to export fuel to Iran from 2017, according to a report from APA. Petrocas Energy Group, which is 49 percent owned by Rosneft, will build a logistics terminal over the Southern Caucasus corridor, the company’s president, Vano Nakaidze, told RBK. Petrocas will export gasoline and diesel to Iran’s Neka […]

Georgia Restores Visa-Free Travel with Iran

Georgia is to restore visa-free travel with Iran from Monday 15th February. The announcement was made during a meeting on Tuesday between Georgian Deputy Foreign Minister, David Jalagania, and Iran’s Ambassador in Tbilisi, Abbas Talebifar. Under the new regime, Iranian citizens will be able to stay in Georgia without applying for a visa for 45 […]

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 […]

Iran gives 30-day visas at airports

By John Lee. Iran is to start issuing 30-day visas for tourists from 58 countries upon arrival at its airports. The Persian-language newspaper Donya-ye Eqtesad says the visas can be extended by 15 more days. Foreign tourists could previously get 14-day visas at Iran’s airports and their visas could not be extended. Eligible countries are: […]