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Minister: Iran Negotiating Oil Sales with NAM Members
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi announced on Wednesday that the country is in talks with a number of Non-Aligned Movement (NAM) member states to find new customers for its crude amidst an array of western sanctions against the country's oil trade. ( 13:51:33 - 2012/08/29)

Profit of Turkey's Only Refinery Drops 47% due to Sanctions against Iran
TEHRAN (FNA)- Turkey's sole refiner said net income plunged 47 percent in the second quarter, missing estimates, as Iran oil sanctions shrank its refining margins. ( 13:11:12 - 2012/08/29)

Diplomat: S. Korea Not to Implement Western Sanctions against Iran
TEHRAN (FNA)- South Korea's Deputy Foreign Minister Kim Bong-hyun stressed that his country is eager to further expand its economic cooperation with Iran and does its best to avoid compliance with the western sanctions against Iran into effect. ( 19:12:00 - 2012/08/28)

West's Oil Embargo on Iran Fails after Tehran Boosts Supply to 2mln bpd
TEHRAN (FNA)- An Iranian official underlined failure of the US and EU ban on Iranian crude supplies, announcing that the country has increased daily exports to over 2 million barrels this week. ( 17:11:23 - 2012/08/28)

Oil Ministry Displaying Capabilities to NAM Participants
TEHRAN (FNA)- The Iranian Oil Ministry plans to hold an exhibition on the sidelines of the 16th Non-Aligned Movement (NAM) summit in Tehran to display its knowledge-based achievements in a scientific and technological fields. ( 12:10:02 - 2012/08/28)

Iranian, Pakistani, Indian Workgroup to Discuss Gas Pipeline Project
TEHRAN (FNA)- Energy officials of Iran, Pakistan and India are due to meet in Islamabad in the near future to discuss a multibillion dollar pipeline project to transfer Iran's rich gas reserves to the two energy-hungry nations. ( 10:02:25 - 2012/08/28)

OPEC Iran Selling Oil Based on Official Prices
TEHRAN (FNA)- Iran's Governor at the Organization of Petroleum Exporting Countries (OPEC) Mohammad Ali Khatibi said Iran is selling crude oil based on the official prices determined monthly. ( 10:00:53 - 2012/08/28)

Indian PM to Resolve Oil Payment Issues in Upcoming Visit to Iran
TEHRAN (FNA)- Indian Prime Minister Manmohan Singh plans to discuss Rupee payments for oil imports from Iran during his visit to Tehran later this week. ( 09:57:00 - 2012/08/28)

Iran Asks Indian Company to Accelerate Decision on Energy Project
TEHRAN (FNA)- Iran asked India's state-run ONGC Videsh Ltd (OVL) to sign a formal contract and proceed with developing the Farzad B field it had discovered in Iran or surrender it in lieu of an unexplored block. ( 09:52:51 - 2012/08/28)

Official Stresses Positive Economic Outcomes of NAM Summit for Iran's Tourism Industry
TEHRAN (FNA)- A senior tourism official said the revenues Iran collects from the world delegations visiting the country for the Non-Aligned Movement (NAM) summit is almost three times more than the average income the country earns from foreign tourists. ( 20:02:40 - 2012/08/27)

Senior MP: NAM Successful in Influencing Int'l Policies, Economy
TEHRAN (FNA)- A senior Iranian legislator hailed the Non-Aligned Movement's positive role in influencing the world's policies and economy, and said NAM's goal is moving in a direction different from the global arrogance, specially the US. ( 17:40:56 - 2012/08/27)

Senior MP Downplays Impacts of Oil Sanctions on Iran's Forex Revenues
TEHRAN (FNA)- A senior Iranian legislator played down the effects of sanctions on the country's foreign currency revenues, and said the Islamic Republic has found different ways to increase its revenues, including boosting its non-oil exports. ( 15:16:59 - 2012/08/27)

Iran's Non-Oil Trade Exceeds $37.6bln in 5 Months
TEHRAN (FNA)- The volume of Iran's non-oil trade with other countries amounted to $37.6bln during the first five months of the current Iranian year (March 20 - August 21), a senior Iranian official announced on Monday. ( 15:15:47 - 2012/08/27)

Iran Ups Petrochemical Exports by 250% in 7 Years
TEHRAN (FNA)- The volume of Iran's petrochemical exports has witnessed a remarkable increase during the last 7 years, a petrochemical official announced on Monday. ( 14:51:25 - 2012/08/27)

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