Iran has asked OPEC to support it against new U.S. sanctions and signalled it is not yet in agreement with Saudi Arabia’s views on the possible need to increase global oil supplies, creating potential problems for OPEC at its meeting next month.
Iran's trade balance becomes positive at USD 942MM in the first two months of this year, Iran Customs Administration announced. Iran's non-oil exports rose by 22 percent in the first two months of this year as well, according to Iran Customs Administration. Exports of non-petrochemicals and gas condensates increased by 40.54 percent to reach USD 4.391BN.
Iran-India Chamber of Commerce and Industry Deputy reiterated that India will continue trade with Tehran and will not join US sanctions against Iran. P S Chandihok told IRNA: “New Delhi will make its own decisions based on its own interests. India will continue to trade with Iran for as long the as the UN has not imposed sanctions on Iran.”
Six banks from the Volkswagen Financial Services AG - Volkswagen Group intend to continue opening L/Cs for exporting companies to Iran despite the threats of US secondary sanctions. the International Competency Center says the transactions of these banks have been set for "difficult countries".
On the sidelines of his meeting with the Commissioner for Climate Action and Energy, a member of the European Commission, Iran’s Minister of Energy announced that a “Small-and Medium-Sized European Enterprises Investment” conference will take place in Iran in the autumn of 2018 as an opportunity to expand ties between Iran and the EU.
The Petrochemical Commercial Company of Iran Managing Director has announced: “The structures set up for the petrochemical Industry during the sanctions have been preserved. Therefore, the US withdrawal from the JCPOA and a probable return to reimposing certain sanctions will not create problems in this sector.”
Iran and the UK have signed a Heads of Agreement following a US withdrawal from the JCPOA, to develop the Karanj oilfield in Khuzestan Province, southern Iran. The shake hands agreement has been signed with the Pergas Consortium in the presence of Iran’ Petroleum Minister, Bijan Zangeneh and the UK Ambassador to Tehran.
BEIJING (Reuters) reports that China’s state-owned energy major CNPC is ready to take over Total’s stake in the giant Iranian South Pars gas project if the French company leaves amid newly announced U.S. sanctions, industry sources said.
The young 10-year old Iranian boy, Hossein Atayi Sangrudi from Karaj has already 16 inventions in his portfolio. Six of these are in the process of being registered. His inventions include the VTOL three-modality drones, gunboats, office furniture, miniature sprayer, multipurpose control for smart TVs, and so on.
In an interview with Persia Digest, Adib-Moghaddam said: It is imperative that Iran gets even closer to the EU, not least to keep the communication with Washington going, and to minimize misperceptions.
The German Schiller Group Concert is taking place in Tehran for the first time.
Christopher von Deylen, will be traveling to Tehran with his Group for the first time in mid-December to stage a concert at the Hall of the Ministry of the Interior over two nights on 11-12 December, at 21h30.
Iranian Prime Minister, Javad Zarif, has posted a tweet addressed to the Stockholm International Peace Research Institute (SIPRI): “There are at least 80 nuclear warheads stationed in the Middle East. None are in Iran; rather, they're at the fingertips of a warmonger who howls incessantly about fabricated Iranian “ambitions”. Time for an overdue debate on the real threat to the region & beyond.”
In a telephone conversation with the Emir of Qatar Sheikh Tamim bin Hamad Al Thani on Monday, President Hassan Rouhani expressed hope that Tehran and Doha can make the best of the many capacities they have to promote trade between the two countries.
Some time ago, Israeli PM Benjamin Netanyahu sent a video message about the water crisis in Iran, saying: “Israel has the knowledge to stop an environmental crisis in Iran and I want to share this with the people of Iran.” He pointed to the launch of a website and a telegram channel in Persian to fight the water crisis in Iran, and stated: “Israel is with the Iranian people and I want to save the lives of many of them.”
Bloomberg reports that Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week.