For full coverage of business developments in Iran and the Middle East, see MEED. Russia’s President Putin will meet Iran’s supreme leader Ayatollah Ali Khamenei during a visit to Tehran on Monday, Putin’s senior foreign policy aide Yury Ushakov said…
Category: Iran
Iran aims for free market exchange rate policy
For full coverage of business developments in Iran and the Middle East, see MEED. Iran plans deregulate the rial exchange rate around six months after the relaxation of nuclear-related sanctions, which could take place by the end of the year,…
Iran wants Sukhoi Superjets; agrees Russian aerospace and military deals
An Iranian customer is interested in buying 100 Sukhoi Superjet 100 regional aircraft made by Russia’s United Aircraft Corporation, Russia’s deputy prime minister Dmitryi Rogozin was quoted as saying yesterday. “…One of (Iran’s) flagship companies was negotiating…about the delivery within…
Foreign firms should be vigilant even after end of sanctions: Herbert Smith Freehills
Companies planning to do business in Iran after the relaxation of international sanctions, expected by the end of this year, should continue to check they are compliant with the law, Herbert Smith Freehills says in the Iran investment guide published…
Iran Petroleum Contract ready for launch
Iran’s Ministry of Petroleum today published the new oil and gas contracts framework which will be presented formally to foreign companies in Tehran next week. The Iran Petroleum Contract (IPC) has been published on the website of the ministry’s Shana…
Khesht field production to start by March
Crude oil production at Khesht field will start by the end of the Iranian financial year in March 2016, operator to the field’s development projects said today. Managing director of South Zagros Oil & Gas Production Company Gholamhussein Montazeri said output will be 20,000…
Iran in talks to buy share in India’s Essar Refinery
Iran has started negotiations to buy an equity stake in India’s Essar Refinery and similar talks also being held with European, South American and Asian companies, deputy petroleum minister Abbas Kazemi was quoted as saying today. Kazemi was reported by…
IAEA on track to submit Iran nuclear report by 15 December
The International Atomic Energy Agency (IAEA) will submit its final assessment of Iran’s compliance with the roadmap agreed by the Islamic Republic and the agency on 1 July by 15 December as required by the Joint Comprehensive Plan of Action,…
South Korea’s imports of Iranian oil averaged 123,000 b/d in Jan-Oct
South Korean customs figures show South Korea’s imports of Iranian crude oil averaged 123,056 barrels a day (b/d) in January-October. Iran is now exporting about 1.1 million b/d of crude oil, about half the figure recorded before the tightening of…
Iran to double oil exports after sanctions
For full coverage of business developments in Iran and the Middle East, see MEED Iran is preparing a radical increase in crude oil exports following the relaxation of international sanctions which experts say could happen by the end of 2015.…