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 Turkey: We will continue trade with Iran

Turkey: We will continue trade with Iran

The Turkish Minister of Energy and Natural Resources has responded to reimposed US sanctions against Iran by saying: “Trade with Tehran will continue. Sanctions by Washington against Iran are unilateral.”

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Iran proposal for US investment in LNG

Iran proposal for US investment in LNG

National Iranian Gas Exports Company (NIGEC) Director, Mehran Amir-Moeini, said about a proposal to the US to participate in expanding the LNG sector of Iran: “This is still only a proposal and no directives have been issued for negotiations.

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Trump's sanctions on Iran are different this time

Trump's sanctions on Iran are different this time

Nick Cuningham from Oil Price writes that the Trump administration is trying to replicate the Obama-era strategy of shutting in Iranian oil exports as a way to pressure the regime into making a series of concessions. But there are several reasons why Trump may not succeed.  

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India's response to US oil embargo against Iran

India's response to US oil embargo against Iran

Hindustan Times writes that India, which holds strategic ties with both Iran and US, faces a challenge over the sanctions. The Petroleum Ministry is also worried about rising crude oil prices and its impact on the US dollar as well as on the domestic price situation.
 

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South Pars Gas Field upgraded despite sanctions

South Pars Gas Field upgraded despite sanctions

Reuters LONDON, reports on 19 June - The possible withdrawal of French oil major Total from Iran’s South Pars gas field has not slowed down the project, a senior Iranian official said, adding that Tehran is in talks with Russia’s Gazprom over the development of two other fields. 

 

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Buyers of Iran oil resist US pressures

Buyers of Iran oil resist US pressures

In a report, the Wall Street Journal wrote that the Trump administration’s effort to pressure Iran depends on countries deeply skeptical of the U.S. campaign against the Islamic Republic, creating resistance that analysts and officials in those countries say could undercut one critical element of the push: curtailing Iran’s oil exports. 

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Iranian composers release album in the US

Iranian composers release album in the US

The album “Bazgasht be royapardazi” [Back to dreaming] is a joint work by Mohammad Shabani (percussion) and Armin Morshed (composer and guitar player) which has been released in Iran. It will also be released in the US in digital format.  

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Iran-UK sign HOA

Iran-UK sign HOA

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.

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China ready to replace Total in Iran

China ready to replace Total in Iran

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.

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Basra ready to buy gas from Iran

Basra ready to buy gas from Iran

Deputy to Iran’s Petroleum Minister, Hamidreza Araghi’s announcement regarding the second phase of supplying gas to Iraq states: “Basra is ready to import gas from Iran. We will be able to proceed following payments.”

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