Tag Archives | Netherlands

BA, Air France to Stop Flights to Iran

By John Lee. British Airways (BA) and Air France have both announced that they will stop flying to Iran in September, saying that the routes are “not commercially viable.” According to a BBC report, the reintroduction of US sanctions has caused a slump in the value of the Iranian rial, making it harder for Iranians […]

KLM to Suspend Direct Flights to Tehran

By John Lee. KLM Royal Dutch Airlines has said that it has decided to suspend its direct flights to Tehran “for the time being as of 24 September … for commercial reasons“. In a statement, the company said: “As a result of the negative results and financial outlook for the Tehran operation, the last flight […]

Dutch Firm “in Talks” regarding Azadegan Field

The managing director of a major Dutch manufacturer of flexible composite pipes said it is in final talks with Iran to develop a “flowline project” in the country’s South Azadegan oil field. “We are currently in the final negotiations for a project that should be a significant project. At this time, it is better not […]

Unilever pleased with Omo’s Iran Roll-Out

By John Lee. Unilever has announced that the roll-out of its Omo washing powder brand into Iran has “continued to perform well“. In its first-quarter results, the Anglo-Dutch multinational also declared a share buy-back programme of up to €6 billion to start in May 2018. (Source: Unilever)

Iranian, Dutch FMs Discuss Closer Ties

Iranian Foreign Minister Mohammad Javad Zarif and his Dutch counterpart, Sigrid Kaag, exchanged views about a range of issues, including ways to promote bilateral relations between the two countries in diverse political and economic fields. Meeting in Tehran on Wednesday, the two sides discussed the latest regional and international developments and explored avenues for the […]

Unilever to Manufacture Food in Iran

By John Lee. Anglo-Dutch consumer goods company Unilever reportedly plans to set up a joint venture in Iran to make and market food in the country. The deal with local food group Golestan would see the venture will “develop, manufacture, market and sell new brands and line of food products in Iran market as part […]

Iran, Netherlands sign Economic Plan of Action for 2018

Senior ministerial officials from Iran and the Netherlands signed a joint plan of action on the expansion of bilateral economic ties in the coming year. In a meeting in The Hague on Friday, Iran’s Deputy Economy Minister Mohammad Khazaee and his Dutch counterpart signed the plan of action for 2018, which entails cooperation in eleven […]

Iran Shipbuilder Signs Mou With Netherlands’ Damen

By John Lee. Iran’s Arvandan Shipbuilding Company and Netherlands’ Damen Shipyards have reportedly signed a memorandum of understanding (MoU) covering cooperation in manufacturing advanced offshore vessels in Iran. According to Trend News Agency, the cooperation will include the transfer of technology and know-how to Iran. Managed by Iran’s Social Security Investment Company (Shasta), Arvandan specializes in […]

Shell, NIOC discuss Gas Field Development

Anglo-Dutch oil giant Shell met with officials from the National Iranian Oil Company (NIOC) to discuss the development project of Iran’s Kish gas field. A delegation from Shell headed by Hand Nijkamp, Shell’s VP in Shell Upstream International, Middle East and North Africa, met with Gholamreza Manouchehri, deputy for development and engineering at NIOC, and […]

Iran’s Oil Exports to Europe, China Grow in August

Iran’s oil and condensate exports to Europe rose in August, with demand from Italy, France, the Netherlands and Greece all up, a report said. Iranian oil flows to Europe rebounded sharply last month, with 835,742 b/d sailing to the region, a rise of almost 200,000 b/d month on month, Platts reported. Turkey also remains the […]

Dutch Companies Consider Iranian Market

Dutch Ambassador to Tehran Susana Trestal voiced willingness of her country’s firms in joining petrochemical projects in Iran. Speaking on the sidelines of the 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show-2017), the Dutch official said her country is seeking ways to establish cooperation with Iranian partners in petrochemical projects. “We […]

Iran Approves 29 Int’l Companies for Oil Projects

Iran’s oil ministry has certified 29 international companies to bid for oil and gas projects in the country under its new format of oil contracts. According to the report by the oil ministry’s news website Shana, 29 companies, including Shell, France’s Total, Italy’s Eni, Malaysia’s Petronas and Russia’s Gazprom and Lukoil, as well as companies […]

Shell Signs MoU to Study Iran Oilfields

The National Iranian Oil Company (NIOC) and Royal Dutch Shell have signed a memorandum of understanding (MoU) to conduct studies on the Azadegan, Yadavaran and Kish oilfields in Iran. Noureddin Shahnazizadeh, managing director of the Petroleum Engineering and Development Company (PEDEC), from NIOC, and Hans Nijkamp (pictured) from Shell, signed the deal in the presence […]

New Dutch Company to Invest €90m in Iranian Renewables

During a state visit by the Dutch government to Iran, in the presence of the Iranian Minister of Energy, Mr. Chitchian, and the Dutch Minister of Infrastructure and the Environment, Ms. Schultz – Van Haegen, the Dutch company Global Renewables Investments B.V. signed an agreement to build wind and solar parks in Iran with an […]

Shell to Return to Iran

Iran’s National Petrochemical Company (NPC) and global oil giant Royal Dutch Shell signed a memorandum of understanding (MOU) for cooperation in the petrochemical industry. The MoU was signed by NPC CEO Marzieh Shahdaei and Hans Nijkamp, the head of the department for Iran affairs at Royal Dutch Shell on Sunday, Shana reported. Iran plans to […]

Iran, Netherlands Discuss Facilitation of Trade, Banking Ties

Iran’s ambassador to the Netherlands and president of the European country’s central bank in a meeting in The Hague explored avenues to facilitate trade and financial transactions between the two counties. The Iranian diplomat, Alireza Jahangiri, and President of De Nederlandsche Bank (DNB) Klaas Knot in the meeting discussed ways to boost banking interactions between […]

Iran seeks ‘go-between’ for Oil Exports

By John Lee. The director of international affairs at the National Iranian Oil Company (NIOC) has said that a ‘middle man’ may be necessary to facilitate crude oil deliveries from Iran to the international market. Mohsen Qamsari (pictured) told UPI that independent Chinese refiners made purchase orders for around 2 million barrels of crude oil, […]

240 Foreign Oil Tankers Berth at Kharg Island

240 Foreign Oil Tankers Berth at Iran’s Kharg Island since JCPOA Enforcement The general manager of Bushehr Province Department of Ports and Maritime Organization said some 240 foreign oil supertankers have so far docked at Iran’s southern Kharg oil terminal since the implementation of a lasting nuclear deal between Tehran and world powers. “For the […]

Iran takes page from US Treasury’s Playbook

By Rohollah Faghihi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran’s Foreign Minister Mohammad Javad Zarif (pictured) traveled to France and the Netherlands on June 20-24 as part of his increasingly intense engagement with Europe, which will probably continue in the year remaining of President […]

Petropars, Shell Discuss Oil Investments

The Iranian energy company Petropars Ltd. is holding negotiations with oil and gas major Royal Dutch Shell on carrying out feasibility studies for investment in oil and gas projects, Petropars managing director Mohammad Javad Shams told Shana. Referring to negotiations between Iranian companies and their foreign partners based on new models of oil contracts, he […]