Tag Archives | Japan

Japanese FM Calls for Closer Tehran-Tokyo Economic Ties

Japanese Foreign Minister Taro Kono underscored the importance of enhanced bilateral relations between Tehran and Tokyo in various fields, economy in particular, following the removal of anti-Tehran sanctions. Japan’s policy towards the Islamic Republic continues to be based on the development of all-out ties with Tehran, Kono said in a meeting with Iran’s Deputy Foreign […]

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Mitsubishi to Introduce Hybrid Electric Cars to Iran

Japan’s Mitsubishi Motors will introduce the plug-in-hybrid version of its Outlander sport utility vehicle to the Iranian market as early as fall, a report said. The redesigned Outlander, which curbs use of the conventional engine in favor of the twin electric motors, will be built in Japan and shipped to Iran, according to the report […]

NIOC Inks MoU with Toyo, Petropars

The National Iranian Oil Company (NIOC) has signed a memorandum of understanding (MoU) with a consortium comprising Japan’s engineering major Toyo and Petropars Company for rehabilitation of facilities and upgrading of gas production of Salman Oilfield. Signed on Monday, the document was inked by Gholamreza Manouchehri, deputy for development and engineering at NIOC, Hamid Akbari, […]

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 […]