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Tehran - 06:48 / GMT - 02:18


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Minister: Tehran Determined to Complete Iran-Turkmenistan Railway
TEHRAN (FNA)- Iranian Minister of Road and Urbanization Ali Nikzad said Ashgabat's recent decision to annul a contract with an Iranian company over the construction of a key railway linking Iran to the Central Asia does not mean an end to the project and Tehran will accomplish construction of the railway which is a vital North-South corridor.

Iranian Section of Gas Pipeline to Pakistan Nearing Completion
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi said that Tehran and Islamabad have signed a deal on launching the Iran-Pakistan gas pipeline in 2014, adding that construction of the pipeline from Assalouyeh, onshore installations of South Pars gas field, to the border with Pakistan is nearing completion. ( 21:10:04 - 2012/09/12)

Oil Minister: Iran Self Sufficient in Offshore Structures
TEHRAN (FNA)- Iran has reached self-sufficiency in designing, engineering, constructing and installing all its needed offshore structures, Oil Minister Rostam Qassemi said. ( 20:54:11 - 2012/09/12)

Iran Sees Upward Trend for Crude Prices
TEHRAN (FNA)- Crude oil prices are still low and could rise further, Iranian Oil Minister Rostam Qassemi said. ( 20:28:19 - 2012/09/12)

Iran Dismisses Media Report on Unilateral Development of Shared Oil Fields
TEHRAN (FNA)- The Iranian Foreign Ministry strongly rejected a recent media report alleging that Tehran is developing its shared oil fields with Iraq unilaterally. ( 19:19:48 - 2012/09/12)

Iran, China Ink Agreements to Boost Trade Ties
TEHRAN (FNA)- Iran and China signed a cluster of economic agreements in a move further increase the trade ties and exchanges between the two states. ( 19:10:59 - 2012/09/12)

Iran Renews Readiness for Supplying Energy to Pakistan
TEHRAN (FNA)- Senior Iranian officials reiterated their readiness to supply gas and electricity to the power-hungry Pakistan. ( 17:56:04 - 2012/09/12)

Presidential Aide Explains Iran's Programs for Independent Economy
TEHRAN (FNA)- Presidential Aide Ali Akbar Mehrabian said Mehre Mandegar (Lasting Kindness) projects at the Iranian oil industry represent Economy of Resistance and a symbol of the country's development. ( 17:00:21 - 2012/09/12)

Russia Keen to Finance Iran-Pakistan Gas Pipeline Project
TEHRAN (FNA)- Moscow announced that it is ready to finance construction of the Pakistani side of a multi-billion-dollar pipeline project, which is due to take Iran's rich gas reserves to the energy hungry Pakistan. ( 16:36:00 - 2012/09/12)

Iran Starts Development of Darkhoveyn Oil Field's 3rd Phase
TEHRAN (FNA)- Managing Director of the Petroleum Engineering and Development Company (PEDEC) Nader Qorbani announced that executive operations at the third phase of Darkhoveyn oil field has kicked off. ( 16:17:32 - 2012/09/12)

First Well of South Pars Phase 19 Hits Gas Reservoir
TEHRAN (FNA)- The first exploration well at South Pars gas field phase 19 reached the field's reservoir at the depth of 3,705 meters. ( 15:26:23 - 2012/09/12)

600 Thousand People Engaged in Iran's South Pars Projects
TEHRAN (FNA)- Over 600 thousand people are engaged in South Pars gas field activities directly and indirectly, Managing Director of Iran's Pars Oil and Gas Company (POGC) Mousa Souri said. ( 15:11:25 - 2012/09/12)

Iran Ready to Insure Foreign Vessels
TEHRAN (FNA)- President of Iran's Bimeh Markazi, (Central Insurance of the Islamic Republic of Iran) Seyed Mohammad Karimi said the country's insurers are ready to offer coverage to ships traversing through Iranian waters. ( 17:25:03 - 2012/09/11)

Iranian Oil Minister: Oil Industry's Projects Witnessing Highest Progress Rate
TEHRAN (FNA)- Iran's Oil Minister Rostam Qassemi underlined the ineffectiveness of the western sanctions on the country' oil industry, and said that the ministry's projects enjoy satisfactory growth compared with what has been mentioned in the country's fifth five-year development plan (for 2010 to 2015). ( 13:29:33 - 2012/09/11)

Insurance Official: Iran Making Huge Earnings through Sanctions
TEHRAN (FNA)- Director of the Central Insurance of the Islamic Republic of Iran Seyed Mohammad Karimi downplayed the effects of enemies' sanctions on Iran's Insurance Industry, and said the country's insurance industry is earning hundreds of millions of dollars since the EU banned Iran's oil cargos. ( 12:33:34 - 2012/09/11)

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