PIMI Economical News Headlines; Jan. 15th, 2016

PIMI NewsHeadlines- 15.01.2016

Official: Pakistan ready with last part of LNG pipeline link to Iran

Chairman of Pakistan’s Oil and Gas Development Company said that his country is ready to complete the short final pipeline spur that would enable it to import natural gas from Iran once sanctions are lifted.

Post-sanctions Iran ready to attract petchem investments

Iran’s petrochemical industry is ready to attract new domestic and foreign investments in a bid to boost completion of its development projects, said a board member of the National Petrochemical Company (NPC).

Airbus says in contacts with Iran

Airbus says it has made contacts with Iran to re-enter the country’s aircraft market which has a potential order list for 500 commercial planes.

Iran is in talks with France, Germany and Belgium for construction of liquefied natural gas (LNG) tankers, head of the country’s tanker company says.

Iranian tankers escape 70 pirate attacks, ready for post-sanctions era

Managing Director of the National Iranian Tanker Company (NITC) said on Wednesday that its vessels were attacked 70 times by pirates in 2015 specially in the Gulf of Aden basin which were aborted by the Iranian Navy.

“Inauguration of these phases means that sanctions could not impede our nation’s determination toward development and flourish of the country. Under the severe condition of sanctions, we put phase 12 into operation last year and now we are inaugurating phases 15 and 16,” President Hassan Rouhani said Monday in a ceremony to inaugurate the two phases in the port city of Assaluyeh, southwestern Bushehr Province.

Mahan Airlines to set up Sari-Aktau flight

Representative of Mahan Airlines in Northern Province of Mazandaran Reza Toyserkani said on Wednesday that the company decided to set up flight between Sari, capital of Mazandaran province, and Aktau city in Kazakhstan.

French, Swiss cement factories keen on cooperation with Iran

Deputy Head of Employers Association of Cement Industry Morteza Lotfi said on Wednesday the French and Swiss companies are willing to come to Iranian cement market and sign contracts with Iranian partners.

Russian Agriculture Minister Alexander Tkachyov is to pay an official visit to Tehran next week to confer with Iranian officials on ways to develop agricultural cooperation.

Zangeneh: OPEC emergency meeting needs consensus

Minister of Petroleum Bijan Zangeneh said that holding emergency session of Organization of Petroleum Exporting Countries (OPEC) needs a consensus, otherwise it would not be held.

Electricity technology export alternative to oil, gas revenues

Export of technical-engineering services in electricity sector stand at $30 billion a year an alternative for the oil and gas revenues, Deputy Energy Minister Hooshang Falahatian said on Wednesday.

Petronas to resume cooperation with Iran

Malaysia’s fully integrated petroleum corporation, Petronas, on Wednesday announced that it will purchase oil from Iran after three years of gap in cooperation with the country.

Deputy veep: Gov’t allocates low-interest loans to rural areas

The government has allocated $312.5 million worth of low-interest loans for the development of rural economy, said the deputy first vice-president for rural development and impoverished areas.

Int’l Medical Exhibition opens in Mashhad

The 14th International Medical, Dental, Laboratories, Pharmaceutical Industries, and Health Services Exhibition was opened here on Tuesday evening at Permanent Mashhad International Exhibitions Ground.

Iran attends Int’l North-South Corridor Seminar in Baku

International Seminar ‘North-South Transportation Corridor Development Perspective’ attended by Iran was held in Baku on Tuesday.

Iran exports over a billion liters of gas oil

Iran has exported more than a billion liters of gas oil in the first nine months of the current Persian calendar year (started March 21) after achieving self-sufficiency in production of the fuel.

CBI governor: Iran’s frozen assets to be released next week

Governor of the Central Bank of Iran (CBI) Valiollah Seif said on Tuesday that Iran has $30 billion of frozen assets outside the country that will be unblocked next week immediately after the removal of anti-Iran sanctions following the implementation of Iran nuclear deal.

500 truck-loads of Iranian food and fruits exported to Russia last week

Head of Tehran Chamber of Commerce Masoud Khansari said on Tuesday that 500 truck-loads of Iranian food products and fruits were exported to Russia over the past week.

China eager on energy cooperation with Iran

Sales director of a Chinese company Li Feng Zhen said the ground for investment in Iran’s energy sector is well prepared and China favors mutual cooperation and signing energy contract with the Iranian party.

750,000 tons of minerals exported from Hormuzgan

Some 750,000 tons of minerals valued at $17,116,000 have been exported from Hormuzgan province since the beginning of the current Iranian year on March 21.

PIMI Economical News Headlines; Jan. 15th, 2016
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