Iran sanctions - page 18

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Cut in Costs of Oil Equipment Imports

EghtesadOnline: The lifting of international economic sanctions last year helped Iran cut costs for import of essential equipment for the key oil industry.
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Publish Date:09/May/2017 | 08:35

Iran reports rise in number of tourists

EghtesadOnline: Iran says the number of tourists that visited the country last year increased by above 30 percent from a year earlier – what could be an indication that one of the world’s top travel destinations is already finding its lost flavor after the removal of sanctions.
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Publish Date:08/May/2017 | 13:51

Iran Oil Industry Still in Recovery Mode

EghtesadOnline: Mismanagement by the previous government plus the international economic sanctions incapacitated the key oil industry, Oil Minister Bijan Namdar Zanganeh said, stressing that Tehran has made concerted efforts to recuperate the oil and gas sectors over the last four years.
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Publish Date:06/May/2017 | 14:59

Talks With UK Export Credit Agency Over Jetliner Deal

EghtesadOnline: Iran is in talks with Britain's export credit agency to facilitate the financing of aircraft sales to state airline Iran Air as part of its pact with world powers to lift sanctions over its nuclear program, a senior Iranian official told Reuters.
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Publish Date:06/May/2017 | 07:21

Essar Raises Iran Oil Imports

EghtesadOnline: Essar Oil, Iran's key Indian client, doubled oil imports from Iran in 2016/17 to about 239,000 barrels per day as it stepped up shipments after sanctions against Tehran were lifted, according to tanker arrival data obtained from trade sources and ship-tracking services on the Thomson Reuters terminal.
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Publish Date:29/April/2017 | 11:33

Iran Reports Upsurge in Crude Exports

EghtesadOnline: The easing of international restrictions against Tehran in early 2016 breathed new life in the economy and allowed the country to augment the shipment of crude oil, its most important export commodity.
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Publish Date:26/April/2017 | 06:54

Iran Oil Ministry Minimizes Risk of New Sanctions

EghtesadOnline: International companies should seize new opportunities for investment in Iran's economic and energy sectors despite the talks about new sanctions in the wake of increasing political tensions between Tehran and Washington, a top oil official says.
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Publish Date:24/April/2017 | 06:08

Imports to Iran Cheaper After Sanctions Removal

EghtesadOnline: Each ton of imports costs Iran $237 less on average since the landmark nuclear deal, known as the Joint Comprehensive Plan of Action, between Iran and world powers came into effect last January, the Statistical Center of Iran said.
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Publish Date:24/April/2017 | 06:05

With Sanctions Behind, Iran Looks Ahead

EghtesadOnline: The lifting of sanctions on Iran following its nuclear deal with global majors in 2015 has opened up a world of opportunities for global companies to foray into.
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Publish Date:23/April/2017 | 09:32

Italy Refiner Clears $428m Oil Debt

EghtesadOnline: Italian oil refiner Saras cleared in the first quarter of this year the debt it owed Iran for oil bought before sanctions were imposed, general manager Dario Scaffardi said.
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Publish Date:22/April/2017 | 08:31

War for Talent Shows Nuclear Deal Rewards for Skilled Iranians

EghtesadOnline: Aryan’s timing was impeccable: Months after he returned to Iran from college in Canada, job offers started to pile up. A decade of economic sanctions was drawing to an end in early 2016 as he settled back home, prompting a frenzied chase for Iran’s small pool of white-collar professionals.
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Publish Date:18/April/2017 | 05:37

South Korea's March crude imports from Iran hit record high

EghtesadOnline: South Korea’s intake of Iranian crude oil soared to a record high in March and its first-quarter crude imports from Iran nearly doubled on year, reflecting Tehran’s efforts to raise output after the lifting of sanctions early last year, Reuters reported.
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Publish Date:15/April/2017 | 13:15

FM spox: Iran expects all G7 members to fully comply with JCPOA

EghtesadOnline: Foreign ministry spokesman urged all parties to the Joint Comprehensive Plan of Action to remain committed to the JCPOA while adhering to the good intention as a prerequisite for endurance of the multilateral document.
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Publish Date:13/April/2017 | 07:33

Iranian Banks' L/C Boom in Post-Sanctions Era

EghtesadOnline: The Ministry of Economy has published the details of letters of credit and banking guarantees that Iranian banks allocated over the past few years, which marks the progress of these banks after economic sanctions against Iran were lifted.
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Publish Date:09/April/2017 | 08:22

BP Licensed to Operate Rhum Gas Field With Iran

EghtesadOnline: BP and Iran's state-run oil company received a license from the US Treasury last year to operate their joint gas field in the North Sea following the lifting of international sanctions on Tehran, BP said on Thursday.
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Publish Date:08/April/2017 | 05:20

Investment Protection Deals Signed Between Iran and 6 Countries

EghtesadOnline: In the aftermath of sanctions removal as a result of Iran's nuclear deal with world powers –formally known as the Joint Comprehensive Plan of Action–the administration of President Hassan Rouhani has signed bilateral investment protection agreements with six countries, including Russia and Japan.
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Publish Date:08/April/2017 | 05:19

Total developing own Iran banking channels

EghtesadOnline: French energy giant Total says it is trying to develop its own mechanism to carry out Iran-related banking transactions without falling afoul of US primary sanctions that still restrict doing financial activities with the Islamic Republic.
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Publish Date:04/April/2017 | 24:15