EghtesadOnline: The European mechanism to facilitate trade with Iran will not work until Tehran sets up a mirror company and meets international standards against money-laundering and terrorism financing, a French diplomatic source said.

EghtesadOnline: Petroleum Minister Bijan Zangeneh said on Saturday that the damaged phase of Bu Ali Sina petrochemical site in Mahshahr in Southwestern Iran will restart operation within the next two or three weeks.

EghtesadOnline: Iran’s 21 major ports loaded and unloaded a total of 9.28 million tons of commodities in the first month of the current Iranian year (March 20-April 19) to register a 22.09% decline compared with the corresponding period of last year.

EghtesadOnline: The eventual operation alization of the European financial channel is welcomed by Iran, but does not meet the country’s expectations, a top diplomat said.

EghtesadOnline: Three thermal power plants in Tehran, namely Tarasht in west and Rey and Besat in the south, provide electricity to the megalopolis. However, since the start of fall and with decline in consumption, two of the stations have ceased operation , said the director of Technical Support Office at the Thermal Power Plants Holding Company.

EghtesadOnline: Bushehr Nuclear Power Plant in the southern namesake city that was temporarily shut down for technical overhaul has restarted operation , head of the plant said.