$700 million invested in South Pars phases 15, 16

Submitted by MNA on

TEHRAN,Dec.26 (MNA)--Some $700 million has so far been invested in the South Pars gas field’s phases 15 and 16 and all the offshore installations will be commissioned by the next summer,Iranian ma

Iran denies cutting dirham trade with UAE

Submitted by MNA on

TEHRAN,Dec.26(MNA)--The Central Bank of Iran rejected some news published in recent days on cutting dirham-based trade with the United Arab Emirates, emphasizing that the two-way trade is going on

Iran, Ukraine set to ink $1b oil deal

Submitted by MNA on

TEHRAN,Dec.26(MNA) -- Ukrainian Inter Naft Gas Prom Pars Company is set to sign a contract, worth around $1 billion, with Iranian Petroleum Engineering and Development Company aiming to develop thr

Iran, Armenia mulling free trade agreement

Submitted by MNA on

TEHRAN,Dec.26(MNA)-- To boost their economic and trade ties Iran and Armenia are preparing the ground for signing a free trade agreement, Iran’s Foreign Minister Ali-Akbar Salehi said.

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