Business
December 20-24, 1999 / Azar 29-Dey 3, 1378
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Latest
* Turkey gets credit for final phase
of Turkey-Iran gas line
Previous
* Russia to speed up construction of
Iranian nuclear station
* Peugeot and Iran Khodro sign
big car production agreement
* Oil prices fall after small US
stock drop
* Volvo Trucks wins Iranian order worth 59 million dollars
* Iran plans for 11.8 billion dollars in oil revenues
next year
* Iran to set up Y2K crisis centre
* Iran invites foreign banks to open in free-trade zones
* Pollution keeps old, sick and very young at home in Tehran
* Oil steadies with OPEC cuts drawing stocks down
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Friday,
December 24, 1999
* Turkey secures foreign credit for final phase of Turkey-Iran gas
line
ANKARA, Dec 24 (AFP) - Turkey has secured a credit of 102 million dollars
from Spain to build the final phase of Turkey's section of a pipeline to
carry Iranian gas, the Turkish state-run oil company BOTAS said Friday.
A BOTAS statement said it signed an agreement with Spain's Banco Santander
Hispano on Thursday under the guarantorship of the Turkish treasury
>>>
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Thursday
December 23, 1999
* Russia to speed up construction of Iranian nuclear station
MOSCOW, Dec 23 (AFP) - Russia will next year speed up construction work
on the controversial Iranian power station at Bushehr, Russian Atomic Energy
Minister Yevgeny Adamov told AFP Thursday. "Next year the volume of
work is going to increase threefold," Adamov said after talks with
Iranian representatives >>>
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* Peugeot and Iran Khodro sign big car production agreement
PARIS, Dec 23 (AFP) - French car manufacturer Peugeot and the Iranian
company Iran Khodro have signed an agreement for the production in Iran
of up to 120,000 Peugeot 206 cars per year, the two companies said here
on Thursday. The agreement had been signed in Paris late on Wednesday,
they said.
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Wednesday
December 22, 1999
* Oil prices fall after small US stock drop
LONDON, Dec 22 (Reuters) - Jittery oil prices fell further from recent
highs on Wednesday after a surprisingly small decline in crude stockpiles
in the United States, the world's biggest energy market. Benchmark Brent
crude for February last traded 67 cents lower at $24.62 per barrel despite
a tight supply/demand balance wrought by OPEC supply restraint during industrialised
countries' peak winter demand >>>
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Tuesday
December 21, 1999
* Volvo Trucks wins Iranian order worth 59 million dollars
STOCKHOLM, Dec 21 (AFP) - Sweden's Volvo Truck Corporation said Tuesday
it had won a contract to supply kits for 1,500 F12 heavy trucks to Iran's
Saipa Diesel in a deal worth half a billion kronor (59 million dollars,
euros) >>>
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Monday
December 20, 1999
* Iran plans for 11.8 billion dollars in oil revenues next year
TEHRAN, Dec 19 (AFP) - Iran is planning on almost 12 billion dollars
in oil revenues for the next Iranian year which begins in March, Vice President
Mohammad-Ami Najafi said in Sunday's press. Najafi, who is also head of
the state budget and planning organisation, said oil revenues were expected
to reach 11.8 billion dollars under the plan, which covers the Iranian
year from March 2000 to March 2001 >>>
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* Iran to set up Y2K crisis centre
TEHRAN, Dec 19 (AFP) - Iran has decided to set up a Y2K crisis centre
to open from December 25 to January 6 to deal with possible problems caused
by the millennium bug in essential computer systems, the press reported
Sunday. The crisis centre will be managed by the interior ministry and
will be made up of representatives from the energy, telecommunications,
industry, mines, transport health, defence and foreign ministries as well
as radio and IRNA personnel >>>
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* Iran invites foreign banks to open in free-trade zones
TEHRAN, Dec 19 (AFP) - Iran's central bank on Sunday formally invited
foreign banks to set up operations in the Islamic republic's free-trade
zones in the Persian Gulf, officials said. "We are ready to accept
requests from private and foreign banks for the free zones," deputy
central bank governor Nasser Yussefi-Kia said, quoted by the official IRNA
news agency >>>
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* Pollution keeps old, sick and very young at home in Tehran
TEHRAN, Dec 20 (AFP) - Old people and children, and people with heart
conditions, were advised Monday not to venture out into Tehran's smog-filled
streets as pollution levels rose, the official IRAN news agency reported.
The municipal authorities repeated their request to residents to avoid
using their cars if possible >>> FULL
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