MNA In a press conference hosted by Mehr news agency on Monday, National Iranian Oil Company (NIOC)s representative in Iran Energy Exchange (IRENEX) announced that new financial instruments are to be activated at the stock market and Iranian crude will also be offered in the regional stock markets as well. Offering oil and gas condensate in the ...

Tasnim The oil minister of Iran quashed rumors about a slump in the countrys oil sales. In comments on Monday, Bijan Namdar Zanganeh said reports about a decrease in Iranian oil sales in recent days are an outright lie. Asked about the current amount of Iranian oil sales, the minister said, I do not mention a figure, because it would be detrimental ...

MNA The Speaker of the Iranian Parliament Ali Larijani says that the EU financial mechanism to help Iran skirt US sanctions dubbed INSTEX must cover Irans oil exports, warning the Europeans that if they do not take actions with regard to their promises the situation will be different after one remaining month. Speaking on a trip to North Khorasan ...

Tasnim The chairman of the Iranian Parliaments National Security and Foreign Policy Commission shrugged off a recent decision by the US to end the waivers that allow countries to import Iranian oil, saying the countrys oil sales would never drop to less than a million barrels per day. Irans oil sales will never fall below a million barrels per ...

Tasnim - The head of Iran-China Joint Chamber of Commerce said the hurdles in banking transactions between Tehran and Beijing have been cleared. In an interview with Tasnim, Asadollah Asgaroladi said problems faced by Iranian merchants in trading with China have been resolved. As of December 2, a Chinese bank will begin banking transactions with ...

SHANA -- An Iranian deputy petroleum minister said on Tuesday his country's nuclear deal with six world powers would remain effective as long as it could sell oil on markets. "The JCPOA is effective in petroleum industry as long as we will be able to sell our oil and keep our market share, receive our oil money without any problem, purchase our ...

TASS- Moscow and Tehran may agree the terms of Russias purchases of 100,000 barrels of Iranian oil per day in the nearest future, Russias Energy Minister Alexander Novak said on the sidelines of CERAWeek conference on Tuesday. "We hope to complete the required paperwork in the nearest future," he said when asked when the agreement may be ready. According ...

MNA An NIOC official has reported on shipment of the first Iranian crude oil cargo to Italys Eni oil industry company in the post-JCPOA era.Executive Director for International Affairs at National Iranian Oil Company (NIOC) Seyed Mohsen Ghamsari, while pointing to launch of oil sales to Eni in the post-JCPOA era, said Iran has so far deployed one ...

Iran says it is receiving above $80 million in direct payments every day as a result of exports of crude oil to international markets. Amir-Hossein Zamaninia, Irans deputy petroleum minister for international affairs and trading, told the domestic media that payments to Iran for the countrys oil sales are made through the banking system, stressing ...

After France and Britain, the Iranian Oil Ministry may also decide to halt oil exports to three more European countries - Belgium, the Czech Republic and the Netherlands, Mehr News Agency reported on Tuesday. After halting sales to Britain and France, Iran laid out conditions for future oil exports to other European countries, stressing that all ...

TEHRAN Nov 22 (Shana)--A senior Iranian official has said that the easing of sanctions against the Islamic Republic will help Iran boost its oil exports. In case sanctions are lifted, Iran will be able to reach a proper figure for exports in two to three months, Mohsen Qamsari, director for international affairs of National Iranian Oil Company, said....

TEHRAN July 26 (Shana)--Irans recent nuclear talks with six world powers have avoided a 20-percent decline in Irans crude oil sales, director for international affairs of National Iranian Oil Company said. The only positive point with the recent talks was that a 20-percent decline in Irans oil selling was prevented, Mohsen Qamsari said. He said that ...