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  Economy - 3 News

New Delhi Keen to Invest in Iran's Chabahar Port
TEHRAN (FNA)- New Delhi is ready to invest in Iran's Southern port city of Chabahar to turn it into a hub for the transit of its goods and products to the other countries, Indian External Affairs Minister Salman Khurshid said. ( 13:45:10 - 2013/05/05)

India Likely to Join Iran-Pakistan Gas Pipeline Project again
TEHRAN (FNA)- Indian External Affairs Minister Salman Khurshid said his country holds deep interest in coming back to the talks over a multi-billion-dollar project which is due to take Iran's rich gas reserves to India via Pakistan ( 11:18:31 - 2013/05/05)

Iranian Presidential Hopeful Stresses Importance of Resolving Economic Problems
TEHRAN (FNA)- Former Iranian Health Minister Kamran Baqeri Lankarani, who has announced his candidacy for the upcoming June presidential election, laid emphasis on resolving economic problems of the people, specially the low-income class. ( 17:52:43 - 2013/05/04)

Iranian Company to Provide Drilling Services to IOOC
TEHRAN (FNA)- The Iranian Offshore Oil Company (IOOC) signed a 150-million-dollar contract with an Iranian company for integrated drilling services. ( 14:16:04 - 2013/05/04)

Iranian Companies to Develop Sumar Oil Field
TEHRAN (FNA)- Two Iranian state bodies signed a contract on the development of Sumar oil field in western Iran. ( 14:14:06 - 2013/05/04)

Iran Earns $25bln from Gas Exports
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi announced that gas exports earn the country 20 to 25 billion dollars a year. ( 14:12:15 - 2013/05/04)

Iran's Central Oil Fields Produce More Than Envisaged
TEHRAN (FNA)- Managing-Director of the Iranian Central Oil Fields Company (ICOFC) Mehdi Fakour said the company produced 264 mcm/d of gas in the last Iranian year (which ended in March 2013) ( 14:10:27 - 2013/05/04)

NIDC to Drill 22 Wells in Yaran Oil Field
TEHRAN (FNA)- Director of Yaran Oil Field Development Project Homayoun Kazzemi announced that he planned sign a contract with the National Iranian Drilling Company (NIDC) for the drilling of 22 wells in the field. ( 14:06:20 - 2013/05/04)

Iranian Governor: Oil Market Oversupplied
TEHRAN (FNA)- Iran's OPEC Governor Mohammad Ali Khatibi said the oil market is currently oversupplied by 1.5 million barrels a day, a situation causing weak prices. ( 14:03:21 - 2013/05/04)

Iranian Company Needs $23bln Investment
TEHRAN (FNA)- Iran Gas Engineering and Development Company needs 23 billion dollars in investment to meet its objectives by 2015. ( 13:59:56 - 2013/05/04)

Iran Determined to Win OPEC Top Post
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi said Tehran is determined to get the post of OPEC secretary-general. ( 13:56:39 - 2013/05/04)

Chinese Company Sees Iran as Lucrative Market
TEHRAN (FNA)- The branch manager of the Shanghai Pudong Yiling Company in Iran, Gu Yili, described the Iranian oil sector as a highly profitable market. ( 13:14:13 - 2013/05/04)

Iran to Unveil Two Petchem Catalysts
TEHRAN (FNA)- Director of Research and Technology at the National Petrochemical Company (NPC) Gholam-Reza Jokar said two home-made strategic catalysts used in the petrochemical industry are to be unveiled in the near future. ( 13:09:02 - 2013/05/04)

Officials: Bright Prospects Waiting for ECO
TEHRAN (FNA)- The Economic Cooperation Organization will have a bright future, the director of the Economic Research Department of ECO Secretariat said. ( 13:07:15 - 2013/05/04)

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