Business
Sept 14-18, 1998 / Shahrivar 23-27, 1377
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Today
* Oil prices advance on U.S. storm worries
Previous
* Kuwait oil talks gain steam, second round
* Iranian official in London for talks
* U.K. oil independents see opportunities in Iran
* Non-oil export slump reviewed
* Car prices
* Key Iran official survives gunmen attack-IRNA
* Iran Risks Much With Threat To Taliban
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Friday,
Sept 18, 1998
* Oil prices advance on U.S. storm worries
LONDON, Sept 18 (Reuters) - Oil prices gained on Friday on worries that
a looming storm could hit U.S. oil supplies by forcing production cuts
in the Gulf of Mexico, dealers said. London Brent blend crude futures
for November was trading 40 cents better at $13.94 a barrel at 1645 GMT.
Benchmark Brent drew strength from a tropical storm gathering in the U.S.
Gulf of Mexico, a major region of offshore oil and gas production supplying
the world's biggest energy market... FULL
TEXT
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Thursday
Sept 17, 1998
* Kuwait oil talks gain steam, second round
KUWAIT, Sept 17 (Reuters) - A keen Kuwaiti effort to boost world oil
prices gained steam on Thursday with confirmation that fellow OPEC states
Iran, United Arab Emirates and Algeria would come to the Gulf state for
market analysis talks. The oil ministers of Gulf neighbours Iran and the
UAE along with their counterpart from Algeria were scheduled to attend
talks with their Kuwaiti host, Sheikh Saud Nasser al-Sabah, on September
23 ... FULL
TEXT
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Wednesday
Sept 16, 1998
* Iranian official in London for talks
LONDON, September 16, (BBC) - A senior Iranian foreign ministry official
is in London for a two-day viisit which will include talks at the Foreign
office and the Department of Trade. The official, Ali Ahani, will meet
the minister for Middle Eastern affairs at the Foreign office, Derek Fatchett,
and a junior minister at the Department of Trade ... FULL
TEXT
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* U.K. oil independents see wealth of opportunities in Iran
LONDON, Sept. 16, (IRNA) - U.K. oil independents are upbeat in their
assessment of opportunities to participate in the development of iran's
energy industry even in a climate of low oil prices. director for international
business at premier oil, steve lowdon, says that there is a significant
volume of reserves with a low cost base of only 1.5 dollars per barrel
(dpb) for development and 3 dpb for operations... FULL
TEXT
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Tuesday
Sept 15, 1998
* Non-oil export slump reviewed
TEHRAN, (Hamshahri) - TEHRAN, (Hamshahri) - Officials explain why non-oil
export revenues have dropped 23 percent so far this year ... FULL TEXT IN PERSIAN
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* Car prices
TEHRAN, (Hamshahri) - Market prices for Paykan and Pride passenger cars
(divide by 6,200 to get dollar equivalent) ... FULL
TEXT IN PERSIAN
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Monday
Sept 14, 1998
* Key Iran official survives gunmen attack-IRNA
TEHRAN, Sept 13 (Reuters) - The head of a powerful Iranian state foundation
survived an assassination attempt on Sunday, the official news agency IRNA
reported. It said unknown gunmen opened fire on Mohsen Rafiqdoust from
hills overlooking his office in north Tehran. Rafiqdoust, 58, heads the
Bonyad-e Mostazafan va Janbazan (Foundation of the Deprived and War Disabled)
which is Iran's top economic powerhouse. It controls most hotels and hundreds
of firms, including many industrial plants ... FULL
TEXT
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* Iran Risks Much With Threat To Taliban
Boston, 14 September 1998 (Radio Free Europe) - While Central Asia watches
and worries, Iran may be risking its chance for business and investment
as it threatens military action against Afghanistan's Taliban. If fighting
erupts with the Taliban, the chance for stable routes through Iran could
go by the boards. Iran has frequently cited its stability in competing
for Caspian Sea pipeline routes, drawing comparisons to the troubled Caucasus.
That advantage could fade quickly in the event of a war. Some foreign companies
that have voiced interest in Iran's oil projects could also have second
thoughts... FULL
TEXT
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