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Iran willing to Normalize Ties with KRG

Iran willing to normalize ties with KRG, but not without change Iran appears to be preparing to normalize its relations with Iraqi Kurdistan after two tumultuous months in which it helped Baghdad bring the Kurds to their knees following their ill-fated Sept. 25 independence referendum. Iran has expanded its influence in Iraq by delivering on its promises to […]

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Armenia Opens New Economic Zone on Iranian Border

Armenia has opened a Free Economic Zone (FEZ) in the southern city of Meghri, on the border with Iran, with some 50-70 operators expected to be involved in the FEZ over the coming years. Prime Minister Karen Karapetyan is quoted as saying: “Our intentions are quite serious because we are convinced that the conditions to be […]

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Iran welcomes Chinese Private Investors in Oil Projects

Iranian Minister of Petroleum Bijan Zangeneh said Iran and China enjoy extended relations in energy sector, calling on Chinese private investors to finance petroleum projects in Iran. Speaking at a meeting with visiting Wang Yanguo, Chairman of the Presidium, Vice President and Secretary General of China International Chamber of Commerce for the Private Sector (CICCPS), in […]

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Iran-Russia Gas Plans Affect World Market

Iranian Oil Minister Bijan Namdar Zanganeh highlighted the far-reaching effects of cooperation with Russia in the gas industry, saying the two countries can determine the international market situation by holding the world’s largest gas reserves. The cooperation between Iran and Russia, ranked first and second in the list of countries by gas reserves, would have […]