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  Economy - 4 News

Iran to Import 200,000 bpd of Oil from Iraq
TEHRAN (FNA)- Tehran and Baghdad are holding talks to finalize a deal to import 200,000 barrels of Iraq's light crude per day via a pipeline connecting the Iranian oil-rich city of Abadan to Iraq's main oil hub of Basra, Iranian Deputy of Oil Minister Noureddin Shahnazizadeh said on Sunday.

Iran, Brazil to Boost Energy Cooperation
TEHRAN (FNA)- Iran and Brazil agreed to boost mutual cooperation in building power plants and developing oil and gas fields. ( 18:39:17 - 2009/04/13)

Nozari: Persian Pipeline under Study
TEHRAN (FNA)- Iranian Oil Minister Gholam Hossein Nozari here on Sunday announced the start of studies on Iran-Europe new gas pipeline project. ( 15:34:02 - 2009/04/13)

Pakistani Delegation Due in Iran to Finalize Gas Deal
TEHRAN (FNA)- Iran's special envoy for peace pipeline talks Hojjatollah Ghanimifard said a Pakistani delegation is to arrive in Iran later this week to make an agreement on the time for implementation of Peace Pipeline gas deal with Iran. ( 15:14:27 - 2009/04/13)

Nozari: Oil Price of $75-80 Favorable
TEHRAN (FNA)- Iranian Oil Minister Gholam Hossein Nozari said that a global oil price of between 75 and 80 dollars a barrel is desirable for Tehran. ( 13:59:43 - 2009/04/13)

Iran's Bank Melli President Replaced
TEHRAN (FNA)- Mahmoud Reza Khavari has replaced Ali Sedqi as the chief executive of Bank Melli Iran, the country's largest state-owned bank. ( 14:47:37 - 2009/04/12)

Saipa Auto-Manufacturing Co. Boosts Export by 30%
TEHRAN (FNA)- Iran's second car manufacturing company Saipa exported over dlrs 150 million worth of automobiles and spare-parts during the last Iranian year (March 2008-March 2009). ( 14:46:26 - 2009/04/12)

Iran Khodro Chief Denies Saipa Merger
TEHRAN (FNA)- The new chief executive of Iran's largest automaker Iran Khodro Company (IKC) denied reports of a possible merger with rival Saipa. ( 13:31:16 - 2009/04/12)

Iranian, Pakistani, Afghan Officials Meet in Islamabad
TEHRAN (FNA)- Iranian, Pakistani and Afghan senior officials met in Islamabad in a bid to follow up the issues decided in an earlier leaders' meeting on the sidelines of the ECO Summit in Tehran in March 2009. ( 14:56:23 - 2009/04/11)

Morocco to Import Iran Oil Despite Severance of Ties
TEHRAN (FNA)- Morocco will continue to import oil from Iran, which supplied more than a fourth of its crude in 2008, even after cutting diplomatic ties with the Islamic republic, the head of the country's sole oil refiner said on Friday night. ( 14:51:00 - 2009/04/11)

Iran Plans Privatizing Oil Refineries
TEHRAN (FNA)- Iran, the world's fourth largest oil producer, is due to unveil an economic plan to privatize its oil refineries in line with its privatization scheme. ( 13:21:58 - 2009/04/11)

Iran to Build Two Power Plants in Iraq
TEHRAN (FNA)- The Iraqi government unveiled a plan to build two power plants with the help of Iran to generate electricity in the war-torn country. ( 16:51:36 - 2009/04/10)

Iran Open to Oil Talks with US
TEHRAN (FNA)- Iran announced on Wednesday it is not opposed to talks with US oil companies providing that they accept the conditions Tehran defines. ( 16:15:46 - 2009/04/08)

Iran, IMO to Develop Human Resources
TEHRAN (FNA)- Iran and International Marine Organization (IMO) plan to develop human resources by inking a Memorandum of Understanding (MoU) on Tuesday. ( 15:19:24 - 2009/04/08)

Iran Discovers Seven More Oil Fields
TEHRAN (FNA)- Iran announced on Tuesday that it had discovered seven new oil fields with "considerable" reserves. ( 14:35:12 - 2009/04/08)

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