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Oct 19-23, 1998 / Mehr 27-1 Aban, 1377
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Today
* Oil prices tip-toe higher on Saudi signa
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* U.S. says opposes Turkmen gas sales through Iran
* U.S. lobbying hard for Baku-Ceyhan oil route
* Lebanon and Iran sign airlines route agreement
* Special trains for Shomal tourists
* Clinton Caspian team pushing for promise on Ceyhan
* Wheat, sugar and cooking oil top Iran imports
* Gas production to increase
* Oil greets winter with another price slide
* Iran denies seeking to delay foreign debt payment
* Dollar sharply up
* Firm oil rally must await Asia recovery-IEA
* State-owned mining companies to be privatized
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Ocotber 22, 1998
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Friday,
Oct 23, 1998
* Oil prices tip-toe higher on Saudi signa
LONDON, Oct 23 (Reuters) - Oil prices rose on Friday on speculative
buying ahead of the weekend and signals that leading exporter Saudi Arabia
is keeping an open mind on further measures to boost the market. North
Sea benchmark crude Brent blend was trading 19 cents higher at $12.95 at
1645 GMT after breaking briefly above the psychologically important $13
level... FULL
TEXT
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Thursday
Oct 22, 1998
* U.S. says opposes Turkmen gas sales through
ASHGABAT, Oct 22 (Reuters) - The United States is opposed to Turkmenistan's
plans to deliver natural gas to Turkey through Iran, U.S. Administration
energy adviser Jan Kalicki told reporters on Thursday. ``The American position
is totally consistent and has not changed,'' he said. ``We very much support
a moderation of Iranian policies,'' but he added that energy transportation
raised security issues... FULL
TEXT
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* U.S. lobbying hard for Baku-Ceyhan oil route
ALMATY, Kazakhstan (Reuters) - The United States was trying Wednesday
to salvage a key piece of its global energy policy amid signs that a major
Azeri oil consortium may defy Washington and recommend a different route
for its main export pipeline. Jan Kalicki, Counselor to the U.S. Department
of Commerce and Ombudsman for Energy and Commercial Cooperation in the
ex-Soviet Union, was to meet top government officials this week in Azerbaijan,
Kazakhstan and Turkmenistan, the key players in the pipeline... FULL
TEXT
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* Lebanon and Iran sign airlines route agreement
BEIRUT, Oct 22 (Reuters) - Lebanon and Iran on Thursday signed an agreement
under which Lebanon's national carrier Middle East Airlines MEA.CN will
fly to Iran starting in early 1999, an Iranian minister said. ``We reached
an understanding that Middle East Airlines will start flying some flights
(to Iran) starting from early 1999,'' Ali Abdolalizadeh, Iran's Housing
& Urban Development Minister, told reporters after signing several
agreements during a visit to Beirut... FULL
TEXT
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* Special trains for Shomal tourists
TEHRAN, (Hamshahri) - Special trains will start operation to serve tourists
traveling to Iran's Caspian Sea region ... FULL
TEXT IN PERSIAN
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Wednesday
Oct 21, 1998
* Clinton Caspian team pushing for promise on Ceyhan
NEW YORK, Oct 21 (Reuters) - Clinton administration officials, facing
an embarrassing policy setback in the oil-rich Caspian region, are working
hard to make disappointment over a key pipeline decision look as much as
possible like a victory. The U.S. has staked much diplomatic capital in
waging a high-profile campaign to push for a pipeline route that would
bring oil from the Azerbaijan capital of Baku all the way to the Turkish
Meditarranean port of Ceyhan, with a main policy aim of avoiding a route
through Iran and trouble spots to the north via Russia... FULL
TEXT
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* Wheat, sugar and cooking oil top Iran imports
TEHRAN, (Hamshahri) - Iran imported nearly three million tons of wheat,
sugar and cooking oil in the first six months of this year (started in
March 21). Other import figures include ... FULL
TEXT IN PERSIAN
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Tuesday
Oct 20, 1998
* Gas production to increase
TEHRAN, (Hamshahri) - Domestic natural gas network capacity is to increase
by 10 million cubic meters with the completion of the Aghar project in
Fars province next year - one year ahead of schedule, according to an oil
ministry official... FULL
TEXT IN PERSIAN
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* Oil greets winter with another price slide
LONDON, Oct 20 (Reuters) - World oil prices were back in the bargain
basement on Tuesday after a severe slump on Monday which caught dealers
by surprise. London December futures for benchmark British Brent blend
crude oil last traded down three cents at $12.36 a barrel at the close
on London's International Petroleum EXchange... FULL
TEXT
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Monday
Oct 19, 1998
* Iran denies seeking to delay foreign debt payment
TEHRAN, Oct 15 (Reuters) - Iran denied on Thursday it was seeking to
delay payments on its foreign debt despite facing a $6 billion budget deficit
due to a slump in oil prices. ``Iran does not intend to ask for a delay
on (repayments of) its foreign debts,'' Mohammad Mojarrad, deputy governor
of the Central Bank, told the official news agency IRNA ... FULL
TEXT
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* Dollar sharply up
The Iranian, Oct 19 - The rial has dropped sharply against major currencies
during the past week. Since October 12th the dollar has gained at least
15 tomans (150 rials), selling at 642 tomans (6,420 rials) in Tehran.
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