Iran and Panama have reached agreement on Iranian tanker ships crossing the Panama Canal and to register vessels under Panamanian flag.
The 5th refinery facilities of South Pars gas field registered a 55.9 mcm/d record in processing natural gas during the previous Iranian calendar year which ended on March 19, said the plant's director.
Managing director of Iran's National Petrochemical Company (NPC) said the company is in talks with a major chemical company from Europe for joining Iran's petrochemical projects.
The spokesman for the Atomic Energy Organization of Iran (AEOI) Behrouz Kamalvandi said: “Iran’s centrifuge machines can help in the development of the region’s oil and gas industries at a reasonable price.”
Iranian Minister of Petroleum Bijan Zangeneh said Iran and India are discussing setting up banking channels which will allow the Central Bank of Iran to access $6bn of India's oil debts to Iran.
After negotiation with their Iranian counterparts, the Indian Oil & Gas Minister, accompanied by representatives of 25 Indian companies, came to Tehran Chamber of Commerce, Industries, Mines & Agriculture (TCCIMA), and talked with leaders from Iran's private sector.
Iranian Minister of Petroleum Bijan Zangeneh says Tehran is interested to joint refinery projects in India in a bid to ensure sale of its crude oil in the Indian market.
The pipeline set up to take Iran's natural gas to the neighboring country Iraq is ready for operation, says managing director of the Iranian Gas Transmission Company.
Iranian Oil Minister Bijan Zangeneh said that Saudi Arabia is not in a position to impose an embargo on oil tankers buying Iranian crude oil.
Iran and India have signed an agreement to boost oil and energy cooperation.