Tag Archives | Qatar

Qatar Blockade – Surge in Food Imports from Iran

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iran was one of the countries which quickly stepped in to ensure Qatari supermarket shelves remained well stocked. Iranian exporters say helping Qatar is not just about making money. But deepening ties could […]

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 […]

NIDC Eyes Iraqi Drilling Market

The National Iranian Drilling Company (NIDC) is planning to participate in neighboring Iraq‘s drilling tenders. Speaking to reported on the sidelines of an oil show in Kish Island, on Tuesday, Sepehr Sepehri, NIDC managing director, said the company’s approach is to secure itself a toehold in global markets, adding NIDC is planning to participate in […]

Iran needs $3bn to Complete South Pars

A member of the Iranian parliament says the country will need to invest 3 billion dollars for completion of the remaining phases of South Pars gas field. Head of the parliament’s energy committee Fereydoon Hassanvand said most of the project’s development phases will come on-stream next calendar year, beginning on March 21, except for phase […]

Why Protests won’t Change Iran’s Foreign Policy

By Hamidreza Azizi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. While the recent unrest in Iran has eased, discussion on its various aspects — including its causes and implications — is still heated and ongoing among domestic as well as foreign analysts and observers. One important part of […]

Qatar, Iran Boosting Trade, “Benefiting from Blockade”

The move by Iran to increase bilateral trade with Qatar, following a Saudi-led blockade, has benefited the two countries, according to an expert. “Trade between Iran and Qatar increased by 117 percent in less than six months and it shows the short-term effect of this crisis and bodes well for both countries in the long […]

Iranian, Qatari Ministers Discuss Enhanced Economic Ties

Iranian Foreign Minister Mohammad Javad Zarif and Qatari Minister of Economy and Trade Sheikh Ahmed bin Jassim bin Mohammed Al-Thani in a meeting in Tehran explored avenues for the enhancement of economic and trade relations between the two nations. During the meeting on Sunday, the two sides conferred on the latest situation of economic and […]

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Iran, Qatar, Turkey to Hold Ministerial Meeting

The economy ministers of Iran, Qatar and Turkey are scheduled to hold a meeting to discuss the status of trilateral cooperation and trade. The trilateral meeting of Iranian Economy Minister Massoud Karbasian, Turkey’s Nihat Zeybekci, and Qatar’s Ahmed bin Jassim Al Thani will be reportedly held in the near future. The three ministers are expected […]

Cargo Line Opened between Qatar, Turkey via Iran

Qatar has opened a land and sea cargo line with Iran and Turkey in a bid to reduce the Arab country’s cargo shipping costs by 80 percent, a report said. Former editor-in-chief of Qatar’s al-Sharq newspaper, Jaber Al-Harmi, said via twitter that the Persian Gulf Arab state has opened a land and sea cargo line […]

Iran’s Condensate Exports Rise 18 Percent

There has been an increase of 18 percent in exports of Iran’s condensate to global markets, the ultra light fuel, over a period of five months starting 21 March 2017. Masoud Hassani, the managing director of South Pars Gas Complex (SPGC), which is responsible for the bulk of Iran’s condensate production and exports, said that […]

Qatar restores Diplomatic ties to Iran

Qatar’s Foreign Ministry said it has plans to boost all-out ties with Iran and its ambassador will return to the Islamic Republic. Doha said its ambassador will be back in Tehran some 20 months after he was recalled in protest to an attack against Saudi Arabia’s missions by Iranian protesters who were angry at Riyadh’s […]

Trump’s Options on the Nuclear Deal with Iran

By Seyed Hossein Mousavian for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. While President Donald Trump’s State Department has twice now certified Iranian compliance with the July 2015 nuclear deal, there are indications that Trump is intent on scuttling his predecessor’s signature foreign policy achievement. However, […]

Oil Minister defends Total Gas Deal in Parliament

Iranian Oil Minister Bijan Namdar Zanganeh in an open session of the parliament briefed the lawmakers on a controversial $5 billion gas deal recently signed with France’s energy giant Total, saying the agreement would serve the Islamic Republic’s interests. Addressing the open session of the parliament on Wednesday, Zanganeh defended the deal with Total to […]

Total Deal “Strongly Opposed” by Domestic Experts

Some Iranian experts and top figures in oil and gas industry have voiced their strong opposition to a $5 billion gas deal recently signed between Iran and France’s energy giant Total, saying Total has hatched “a sinister plot” against the Islamic Republic. In a television program aired on Saturday night, Asghar Ebrahimi-Asl, a former deputy […]

Petchem Development “Impossible” without Tapping FDI

The managing director of a major oil, gas and petrochemical investment company says without foreign direct investments (FDI), implementation of major petrochemical and energy projects in Iran would be impossible. According to IRNA, Mohammad Hassan Peyvandi, managing director of Tamin Petroleum & Petrochemical Investment Company (TAPPICO), underlined the necessity of developing oil and petrochemical industries […]

Saudi-led Qatar blockade brings Iran, Turkey together

By Saeid Jafari, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The power constellations in the Middle East are growing ever more complex. On June 5, Saudi Arabia along with the United Arab Emirates, Bahrain and Egypt broke off ties with Qatar, accusing it of […]

Iran Capitalises on Qatar crisis

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. On June 5, Saudi Arabia along with the United Arab Emirates, Bahrain and Egypt severed diplomatic and trade relations with Qatar, effectively imposing a siege on Doha. Besides the many discussions surrounding its causes, […]

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Zangeneh Prioritizes NIOC Projects for This Year

Iran crude oil output should stabilize at 4 million barrels per day by the end of the current fiscal in March 2018. Restoring relations with oil majors and raising crude production top Iran Oil Ministry’s priority list, Bijan Namdar Zanganeh, the oil minister, said. In a letter to Ali Kardor, managing director of the National […]

Qatar Says in Talks with Iran on Food Supplies

A Qatari official said Doha is in negotiations with Tehran and Ankara to secure its food and water supplies after Saudi Arabia and the United Arab Emirate (UAE) cut trade and diplomatic ties with the Persian Gulf Arab state. “We are in talks with Turkey and Iran and other countries,” said the official, speaking on […]

Chinese Envoy: Iran as ‘One of Safest’ Countries in Region

China’s ambassador to Iran Pang Sen praised the security situation in the Islamic Republic, describing it as one of the most secure countries in the insecure Middle East. “Iran is one of the safest countries in the region and that is an honor for me as the Chinese ambassador (to the country),” Pang Sen told […]