TEHRAN Feb 02(Shana)--Iran Insurance Companys managing director Mahmoud Abdollahi said the company is interested in playing a bigger role in development plans of oil industry. Speaking at a news conference Abdollahi said existing infrastructures have provided good opportunity for the company to take part in providing insurance coverage for development ...

Jan 16 (Reuters) - Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief from some EU sanctions goes into effect next week, industry and government sources said. Under the interim deal reached between Tehran and six world powers in November, the European Union on Jan. 20 will suspend ...

ILNA: India extended its insurance cover for Iranian ships to enter Indian waters for a further six months on December 27, Mina Sediq Nouhi, an official at Irans Central Insurance Company said.. India had asked Iran to provide $370 million as a guarantee for insuring its tankers, but Iran did not accept, she added. Indias Deputy Nautical Adviser,...

India has asked Iran to provide financial guarantees before Delhi continues to allow vessels with Iranian insurance cover to enter Indian waters, the latest sign of difficulties Iran is facing in exporting oil. Iran and world powers reached a breakthrough agreement last month over Tehran's disputed nuclear programme that allowed the Middle Eastern ...

(Reuters) - Iran has offered insurancefor Indian refiners to boost its crude sales, industry sources said on Monday, as the Islamic nation looks to counter a fall in revenues hit by tough western sanctions. U.S. and European Union sanctions aimed at choking the flow of oil money into Iran and forcing Tehran to negotiate curbing its controversial nuclear ...

HONG KONG/TOKYO, April 11 (Reuters) -South Koreacould become the second major buyer of Iran's crude to face a halt in imports from the Middle Eastern nation, as insurers broaden Western sanctions to refineries, people involved with the matter say. Tough curbs by the United States and Europe to force Tehran to end its nuclear programme have more than ...

NEW DELHI, (Reuters) - Energy-hungry India has sought clarification from the European Union on insuring oil supplies from Iran as trade with Tehran gets tougher due to Western sanctions, India's foreign minister said on Friday. European reinsurance firms under heavy pressure to help block Iran's oil exports are reluctant to deal with Indian insurers ...