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Dec 18-22, 2000 / Azar 28-Dey 2, 1379
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BUSINESS NEWS INDEX
INDEX
* OPEC Boss: Oil Output Cut Is Likely
* Iran suspends imports of EU beef over mad cow disease
scare
* Iran says would buy Boeing if U.S. sanctions lifted
* Bush Wants OPEC to Raise Oil Production
* Enterprise Oil signs Iranian gas deal
* Japan trading houses to join Iran oil deal-MITI
* Iran says OPEC must cut output
* New managers appointed for free-trade zones
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Friday,
December 22, 2000
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INDEX
Thursday
December 21 2000
OPEC Boss: Oil Output Cut Is Likely
CARACAS, Venezuela (AP) -- The Organization of the Petroleum Exporting
Countries likely will cut production in January if world oil prices keep
dropping, the cartel's president said Thursday. ``If the oversupply in
the market were to be sustained, oil prices would fall and the Venezuelan
economy would be affected,'' said Ali Rodriguez, who also is Venezuela's
oil minister >>>
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INDEX
Wednesday
December 20, 2000
Iran suspends imports of EU beef over mad cow disease scare
TEHRAN, Dec 20 (AFP) - Iran has suspended imports of beef from all European
Union countries over concerns about the dangers of bovine spongiform encephalopathy
(BSE), or mad cow disease, the press reported Wednesday. The Iran Daily
quoted state veterinary officials as saying imports from Germany had already
been banned >>>
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Iran says would buy Boeing if U.S. sanctions lifted
TEHRAN, Dec 20 (Reuters) - Iran's civil aviation organisation said carriers
were willing to procure Boeing (NYSE:BA - news) aircraft to upgrade their
fleets if U.S.-imposed sanctions were lifted, the semi-official Iran newspaper
said on Wednesday. ``Iran Air and other, private carriers are willing to
buy from Boeing but this is currently impossible due to the state of relations
between the two countries,'' Alireza Manzari, deputy director of the organisation
was quoted as saying >>>
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Bush Wants OPEC to Raise Oil Production
AUSTIN, Texas (Reuters) - U.S. President-elect George W. Bush (news
- web sites) said on Wednesday he hoped to convince OPEC (news - web sites),
which has hinted it may be time to cut oil production, to pump more oil
to help lower energy prices. The Organization of Petroleum Exporting Countries
meets on Jan. 17, just three days before Bush takes office. After agreeing
to ramp up production four times over the past year, the cartel is expected
to consider cutting output to keep crude oil prices from dropping >>>
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Tuesday
December 19, 2000
Enterprise Oil signs Iranian gas deal
LONDON, Dec 19 (Reuters) - UK exploration andproduction company Enterprise
Oil Plc said onTuesday it had signed a deal with Iran's Petropars giving
it an interest in the developmentof the giant South Pars offshore natural
gas field.Enterprise will have a 20 percent interest in Phases 6, 7 and
8 of the development project,Iran's biggest gas field in the Gulf which
is estimated to hold 12 trillion cubic feet of gas --around seven percent
of world reserves >>>
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INDEX
Monday
December 18, 2000
Japan trading houses to join Iran oil deal-MITI
TOKYO, Dec 18 (Reuters) - Major Japanese trading houses will lend $3
billion to Iran to secure rights to explore and develop a portion of the
giant Azadegan oil field, capable of producing an estimated 400,000 barrels
of crude oil per day. That is more than 80 percent of the amount of crude
that Japan now imports from Iran, its third-largest oil supplier >>> FULL TEXT
INDEX
Iran says OPEC must cut output
DUBAI (Reuters) - OPEC (news - web sites) must cut output by at least
one million barrels per day when it meets in January in order to rectify
a growing global supply/demand imbalance, Iran's OPEC governor Hossein
Kazempour Ardebili said on Monday >>>
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New managers appointed for free-trade zones
TEHRAN, Dec 18 (AFP) - The Iranian government appointed three new managers
for the country's free-trade zones, replacing the reformist director of
the Persian Gulf's Kish zone, the official IRNA news agency said Monday
>>>
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