Business
January 10-5, 2000 / Dey 20-25, 1378
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* Opec determined to keep oil price
high
* Iran's NIOC International put on back burner
Previous
* Iran and Turkey agree to delay in
gas deliveries
* Iran says gas output at record 200 mcm a day
* Iran urges UK business to exploit closer ties
* France will finance Iran wheat
* Iran hopes to sign South Pars gas deals by March
* Iraqi commercial delegation leaves for Tehran
* German MPs visit Iran ahead of businessman's new trial
* Russia close to three billion dollar aviation deal
with Iran
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Thursday
January 13, 2000
* Opec determined to keep oil price high
High oil prices look set to stay after several of the world's major
oil producers hinted that they will try to keep production cuts in place
for the rest of the year. In January 1999, one barrel of crude oil could
be bought for under $10. Since then the price has soared to more than $25,
as a direct result of production cuts agreed by members of the Organisation
of the Petroleum Exporting Countries (Opec) and several of their allies
>>>
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* Iran's NIOC International put on back burner
LONDON, Jan 11 (Reuters) - The operations of National Iranian Oil Company
(NIOC) International, a subsidiary of state oil company NIOC, have been
temporarily put on ice just months after the company's creation, Iranian
oil sources said on Tuesday. When it assumed NIOC's trading activities
in October, NIOC International's brief was to handle all of Iran's international
and downstream oil and gas business in a manner similar to the world's
oil majors, industry sources said >>>
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Wednesday
January 12, 2000
* Iran and Turkey agree to delay in gas deliveries
TEHRAN, Jan 12 (AFP) - Iran has agreed to delay its gas deliveries to
Turkey until September 2001 because the Turks are not ready, the official
news agency IRNA quoted Iran's deputy oil minister Hamdollah Mohammad-Nejad
as saying Wednesday. But Mohammad-Nejad, who is also head of the Iranian
National Gas Corporation (NIGC), told a press conference that Ankara would
have to pay compensation for the hold-up >>>
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* Iran says gas output at record 200 mcm a day
TEHRAN, Jan 12 (Reuters) - Iran, which has the world's second largest
natural gas reserves, said on Wednesday it was producing a record 200 million
cubic metres (seven billion cubic feet) of gas a day. Hamdollah Mohammad-Nejad,
head of the National Iranian Gas Company (NIGC), said the output was reached
after a 250-km (150 mile) gas pipeline came onstream 10 days ago, linking
Kangan on the Gulf coast to southern Fars province >>>
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Tuesday
January 11, 1999
* Iran urges UK business to exploit closer ties
LONDON, Jan 11 (Reuters) - Iran's Foreign Minister Kamal Kharrazi, on
the second day of a bridge-building trip to Britain, urged British firms
on Tuesday to step up investment in the oil-rich Islamic republic. Kharrazi
ventured into London's financial district to deliver his business-friendly
message, urging companies to exploit the warming of political ties between
London and Tehran >>>
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* France will finance Iran wheat
PARIS, Jan 11 (Reuters) - France has allowed Iran to buy 600,000 tonnes
of French wheat in 2000 under a programme run by its export agency Coface,
but it was not a conventional credit line, a government source said on
Tuesday >>>
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* Iran hopes to sign South Pars gas deals by March
TEHRAN, Jan 10 (Reuters) - Iran hopes to sign development contracts
with foreign companies by late March for the next five phases of its South
Pars gas and oil field in the Gulf, a senior oil official was quoted as
saying on Monday. Assadollah Salehiforuz, managing director of the state-run
Pars Oil and Gas Company, expressed hope that agreements could be reached
on phases four, five, six, seven, and eight of South Pars by the end of
the Iranian year, which runs to March 19, the official news agency IRNA
reported >>>
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* Iraqi commercial delegation leaves for Tehran
BAGHDAD, Jan 11 (AFP) - An Iraqi commercial delegation left Baghdad
on Tuesday for Tehran where it is to discuss ways of increasing trade between
the two neighbours, the official INA news agency said >>>
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Monday
January 10, 1999
* German MPs visit Iran ahead of businessman's new trial
TEHRAN, Jan 10 (AFP) - A senior German MP called for the strengthening
of Berlin's ties with Tehran as he began an official visit Monday ahead
of a new trial of a German businessman jailed here for most of the past
two years. The chairman of the German parliament's foreign affairs committee,
Hans Ulrich Klose, called for the "development of the historic ties"
between the two countries after a meeting with Iran's deputy speaker Hassan
Ruhani, state radio said >>>
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Friday,
January 7, 2000
* Russia close to three billion dollar aviation deal with Iran
MOSCOW, Jan 6 (AFP) - Russia is preparing to sign a three billion dollar
deal with Iran to provide Tupolev 334 planes, Sergei Ivanov, secretary
of Russia's Security Council, announced Thursday >>>
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