Tag Archives | Japan

Iran Petchem Holding Talks with Japan for Tech Transfer

Iran’s Parsian Oil & Gas Development Group Co. (PODGC) is holding talks with a Japanese company for receiving the technical savvy for production of ethylene glycol from natural gas, PODGC director said. Mohammad Ebrahim Yousef Zadeh said the item is produced based on ethylene which is a pretty costly raw material for ethylene glycol production. […]

Iran to Enhance Tourism Ties with East Asians

Iran is going to hold talks with Japan, South Korea and China to facilitate tourism, a vice president said. The country is contemplating easing visa restrictions for tourist trips to Japan, South Korea, and China, Head of Iran’s Cultural Heritage, Handicrafts and Tourism Organization Zahra Ahmadipour told Tasnim. Delegations from the three countries are scheduled […]

Inpex Considers Bidding to Develop Iranian Oil Field

Inpex, Japan’s largest upstream company, announced that it plans to bid in a tender recently launched by Iran to develop the country’s Azadegan oil field. “Inpex is in the process of gathering information and conducting updates as necessary. Inpex will consider its response once the tender is published and the terms and conditions pertaining to […]

NIOC signs $615m Deal with Tubacex

By John Lee. The National Iranian Oil Company (NIOC) has signed Iran’s first oil contract of the post-sanctions era with an international consortium comprising Spain’s Tubacex and Iran’s Isfahan Steel Company [Foolad Isfahan Company]. Associated Press reports that the deal worth US$615 million, and says the Spanish-Iranian consortium will provide oil pipes for a network […]

European, Asian Firms “Ready to Fund Iran’s Plane Purchases”

Iran’s Deputy Minister of Road and Urban Development for International Affairs Asghar Fakhrieh Kashan said several major institutions from Europe and Asia have expressed readiness to fund the country’s purchases of planes from global aviation giants Airbus and Boeing. Nine financial institutions from Norway, Denmark, Ireland, Britain, China and Japan are ready to fund the […]

Mitsubishi Eyes Broader Work in Iran

Japan’s Mitsubishi is making efforts to broaden its activities in Iran, a top official with the company said. Kiyoshi Kiyokawa of Mitsubishi Chemicals said the Japanese firm would also enhance its interaction with its present customers in Iran. He said his company was attending Iran’s ongoing oil show in order to broaden its activities in […]

PGPIC, ITOCHU ink Polyethylene Sales Deal

The Persian Gulf Petrochemical Industries Company (PGPIC) and Japan’s ITOCHU Corporation have signed a deal for sale of polyethylene to the Japanese firm. The document was signed on the sidelines of the 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show-2017) on Sunday. Based on the deal, PGPIC will supply international markets […]

Japanese Grant gives hope for Recovery in Lake Urmia

New Japanese grant gives hope for sustained recovery in Lake Urmia Water – albeit thinly spread – is now covering a significant amount of the lake’s formerly dried-out surface. Much more than it was two years – or even one year – ago.  And while the lake’s biosphere is still in critical condition, there have […]

Oil Majors Present Development Plans for Iranian Oil Projects

Six international oil giants have completed their surveys and submitted plans to the National Iranian Oil Company (NIOC) for developing oil and gas reservoirs, chief executive officer of the NIOC has said. “Russia’s Lukoil, Indonesia’s Pertamina, Japan’s Inpex, French energy giant Total S.A. and Denmark’s Maersk Group are among the majors which have provided NIOC […]

IRISL signs MOU with Kamigumi, Suzue

By John Lee The Islamic Republic of Iran Shipping Lines (IRISL) has reportedly signed a memorandum of understanding with the Japanese logistics and transport companies Suzue and Kamigumi, covering the construction of dry ports in Iran and investments in Iranian ports. According to Tehran Times, the MOU will become operational after conducting the required studies and […]