Business
July 3-7, 2000 / Tir 13-17, 1379
News
| Sports
| Arts
| Rights
| Community
BUSINESS NEWS INDEX
Friday,
July 7, 2000
Iran and Germany aim to strengthen their economic ties
TEHRAN, July 7 (AFP) - Germany, which Iranian President Mohammad Khatami
visits from Monday, wants to remain Tehran's leading supplier of goods,
reversing the decline in trade and strengthening industrial ties. Trade
has been on the downtrend since 1993, after relations soured somewhat when
a German court accused the Iranian leadership of direct involvement in
the murder of Iranian Kurdish dissidents in Germany >>>
FULL TEXT
INDEX
INDEX
* Iran and Germany aim to strengthen
their economic ties
* U.S. oil dips below $30 on Saudi supply
* Iran blasts Saudi plan to hike oil production
* Foreign companies to finance major petro plant
* Kuwait turns to Iran after border deal with Saudi
* Iran increases oil production
News
| Sports
| Arts
| Rights
| Community
Monday | Tuesday | Wednesday
| Thursday | Friday
Get Persian fonts from Hamshahri
or Payvand
email us
Thursday,
July 6, 2000
U.S. oil dips below $30 on Saudi supply reassurance
NEW YORK, July 6 (Reuters) - U.S. crude oil prices slid for the second
straight day Thursday, breaking below $30 a barrel, on reassurances that
Saudi Arabia and other Mideast oil suppliers were serious about raising
daily production. For the first time in nearly four weeks, U.S. benchmark
West Texas Intermediate on the New York Mercantile Exchange (NYMEX) settled
below the $30 mark, at $29.99 exactly with a loss of 68 cents >>> FULL TEXT
INDEX
Wednesday
July 5, 2000
Iran blasts Saudi plan to hike oil production by 500,000 bpd
TEHRAN, July 4 (AFP) - Iran Tuesday blasted Saudi Arabia's intention
to hike its oil production by 500,000 barrels per day "very soon"
if crude oil prices remain high. "There is no reason to violate OPEC
agreements," the state news agency IRNA quoted an unidentified Iranian
oil ministry official as saying, in reference to the oil cartel's decision
to raise output by 700,000 bpd >>>
FULL TEXT
INDEX
Foreign companies to finance bulk of major petrochemical plant
TEHRAN, July 5 (AFP) - A consortium of foreign companies will finance
70 percent of a major petrochemical plant to be built in the western Iranian
province of Kermanshah, the head of the project was quoted by a newspaper
Wednesday as saying. The Abrar-e-Eghtessad daily did not identify the companies,
but quoted Mohammad-Sadeq Mussavi Lari as saying "70 percent of the
cost will come from a consortium of private foreign companies and 30 percent
from the sale of shares on the stock market." >>>
FULL TEXT
INDEX
Tuesday
July 4, 2000
NONE
Monday
July 3, 2000
Kuwait turns to Iran after border deal with Saudi Arabia
KUWAIT CITY, July 3 (AFP) - Kuwait is setting its sights on a border
settlement with Iran to resolve an offshore gas dispute after having sealed
a maritime border accord with another regional power, Saudi Arabia. "I
believe the Saudi-Kuwaiti deal has laid the foundation for an agreement
with Iran" over the Dorra gas field, said political analyst Ahmad
Bishara, who heads the National Democratic Forum, a liberal grouping >>> FULL
TEXT
INDEX
Iran increases oil production by 104,000 barrels per day: radio
TEHRAN, July 1 (AFP) - Iran is increasing crude oil production by 104,000
barrels per day (bpd) from Saturday, Oil Minister Bijan Namdar-Zangeneh
was quoted as saying by the radio. "This increase is in line with
Iran's share in the agreed upon OPEC increase of 708,000 bpd due to begin
on July 1 and the additional 104,000 barrels will be exported," Zangeneh
said >>>
FULL TEXT
INDEX
Copyright © Abadan Publishing Co. All Rights Reserved.
May not be duplicated or distributed in any form
