Pakistan’s Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said that government will not let such a situation arise that Iran could imposed penalty on us in case of failure to start work on IP project.
Iran's tourism industry is booming, with more foreign travelers visiting the country than ever before. So much so that Iran's President, Hassan Rouhani, is hoping to attract 10 million international tourists each year, an increase from 4 million.
The return of Iran to oil markets will not lead to a decrease in prices, Iranian Oil Minister Bijan Namdar Zanganeh said on Monday.
Iran earned over $29bln from exporting non-oil commodities to the foreign markets in the first nine months of the Iranian calendar year (March 21-December 20, 2013).
The National Iranian Drilling Company (NIDC) plans to help Iraq with oil well drilling operations, a deputy head of the NIDC said.
Iran has had positive trade balance with 83 world countries during the first nine months of the current Iranian year (March 21-December 20, 2013), Iranian Customs Data said Monday.
Pakistan and Iran are set to sign an initial deal for the supply of 1,000 megawatts of electricity to overcome the crippling energy crisis in Pakistan.
Iran conducted $62.507 billion in trade of non-oil goods with other countries during the first nine months of the current calendar year which began on March 21, according to the latest report released by Iran’s Customs Administration.
After the ‘rupee payment mechanism’ for trading with Iran kicked in last year, India’s exports to the Persian Gulf country rose steeply, as Iran needs to buy goods from India to make use of the rupees that it gets for its oil exports.
China more than doubled its crude oil imports from Iran in November month-on-month amid hopes for sanctions relief on Tehran, new customs data showed.
Iran produced 10.594 mln tons of unprocessed steel in the last 8 months, showing a 9% increase in comparison with the same period last year, the Iranian Mines and Industries Development and Renovation Organization (IMIDRO) announced.
An Iranian firm has voiced willingness to shoulder all the financing expenses of the Iran-Pakistan (IP) gas pipeline, particularly the Pakistani part, a report said on Tuesday.
Iran's President Hassan Rouhani said his administration attaches great significance to the development of the giant offshore South Pars gas field phases.
A top aide to President Hassan Rouhani said Iran must increase its cooperation with international oil companies.
Iraq’s Deputy Power Minister Adel Hamid Mahdi said talks have been finalized for Iran to start pumping gas to its western neighbor to power the Basra power plant.
Iran Ambassador to Oman Ali Akbar Sibouyeh says the pipeline which will carry natural Iranian gas to the Persian Gulf sultanate will be complete within a year and a half.