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  Economy - 4 News

Senior Turkish Politician: Washington Trying to Ruin Tehran-Ankara Ties
TEHRAN (FNA)- Washington opposes expansion of the relations between Tehran and Ankara, but Turkey is willing to deepen its mutual cooperation with Iran, a senior Turkish politician said. ( 15:51:47 - 2013/05/03)

Presidential Hopeful Stresses Importance of Economy of Resistance
TEHRAN (FNA)- Iranian Presidential hopeful Mohammad Saeedikia underlined the importance of resistance economy for Iran, saying that Tehran can deter the western states' plots and also maintain its progress this way. ( 11:17:07 - 2013/05/02)

Oil Official Rejects Media Report about Sea Storage of Iranian Crude
TEHRAN (FNA)- A senior Iranian oil official categorically denied a media report claiming that Iran is storing oil at sea, stressing that the country has no stored crude oil on board tankers off its coasts. ( 17:18:04 - 2013/05/01)

Iran's Crude Export Rises by 70,000 Barrels despite Sanctions
TEHRAN (FNA)- Iran's oil output rose by around 70,000 barrels per day (bpd) in April, showing failure of the US-led Western sanctions against the country's energy sector. ( 15:47:21 - 2013/05/01)

Oil Minister Downplays Impacts of Sanctions on Iran's Energy Sector
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi played down the effects of the western sanctions against the country's energy sector, and said that Tehran has managed to turn the embargos into opportunities in a bid to make further progress. ( 13:15:03 - 2013/05/01)

Minister: Iran Ready to Build Power Plants in Guinea-Bissau
TEHRAN (FNA)- Iranian Energy Minister Majid Namjou announced Tehran's readiness to build power plants in Guinea-Bissau and provide the West African country with other electrical equipment. ( 15:26:47 - 2013/04/30)

Turkey to Continue Oil Imports from Iran despite Sanctions
TEHRAN (FNA)- Turkish Energy and Natural Resources Minister Taner Yildiz said Turkey will continue importing natural gas from Iran despite the US-led western sanctions against the Islamic Republic. ( 12:30:13 - 2013/04/30)

Iran Invests $10bln in Gas-Oil Separation Capacity
TEHRAN (FNA)- Iran plans to increase investment in gas-oil separation projects in the Fifth Five-Year Development Plan (2010-2015), a deputy oil minister announced on Monday, adding that the country has already invested a sum of $10 billion in similar projects. ( 17:38:31 - 2013/04/29)

Iran Develops Technology for Ship-to-Ship Transfer of Oil Products
TEHRAN (FNA)- Iranian experts succeeded in acquiring the technology for the ship-to-ship transfer of oil products, an Iranian official announced on Monday. ( 15:06:40 - 2013/04/29)

Oil Minister: Iran to Gain over $5bln from Gas Exports to Iraq
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi announced that the country will gain more than $5bln from gas exports to neighboring Iraq. ( 11:51:23 - 2013/04/29)

Iran Discovers New Gas Reserves
TEHRAN (FNA)- National Iranian Oil Company (NIOC) Director for Exploration Hormoz Qalavand announced the discovery of new vast gas reserves in Southern Iran. ( 11:22:57 - 2013/04/29)

Turkish Minister: Tehran, Ankara Using National Currencies in Bilateral Trade
TEHRAN (FNA)- Turkish Minister of Development Cevdet Yilmaz said that his country and Iran traded one fifth of their exchanges in their national currencies. ( 16:44:46 - 2013/04/28)

Iran, India to Discuss Joint Economic Cooperation in Coming Days
TEHRAN (FNA)- Iran and India will hold a joint economic commission next week, Tehran's envoy to New Delhi said, adding that extension of the Iran-Pakistan multi-billion-dollar gas pipeline to India will be top on the agenda of the talks. ( 16:36:07 - 2013/04/28)

Oil Minister: Iran to Meet Turkey's Energy Needs
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi reiterated Iran's preparedness to supply Turkey's energy needs, and announced that Tehran will boost export of natural gas supplies to the neighboring country. ( 14:43:00 - 2013/04/28)

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