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South Pars Output Up 7%

EghtesadOnline: To speed up gas production from South Pars Gas Field in the Persian Gulf , an offshore deck of phase 23 was linked to Iran Gas Trunkline (IGAT) on Tuesday, deputy operator of the phases said.
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Publish Date:08/January/2020 | 11:03

Uncertainty Drags Down Tehran Stocks

EghtesadOnline: Equities in both of Tehran Stock Exchange and the over-the-counter Iran Fara Bourse made a rare nosedive at the start of trading week on Saturday as markets dived following renewed military tensions in the strategic Persian Gulf region.
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Publish Date:05/January/2020 | 11:30

Call for Supporting Regional Security Efforts

EghtesadOnline: The Iranian Embassy in Japan emphasized that the presence of foreign forces will not guarantee stability in the Persian Gulf , calling on friendly countries such as Japan to support Iran's Hormuz Peace Endeavor that engages regional states in security efforts.
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Publish Date:29/December/2019 | 24:15

Iran-Saudi Dialogue Crucial for Implementing Hormuz Peace Plan

EghtesadOnline: Iran's regional peace plan could have a chance of being implemented in cooperation with Persian Gulf Arab states, if relations between Tehran and Riyadh were to improve, a political analyst says.
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Publish Date:14/December/2019 | 13:16

Gas Flaring in Forouzan Oilfield Coming to an End

EghtesadOnline: Gas flaring in Forouzan Oilfield in the Persian Gulf will come to an end in December, managing director of Kharg Petrochemical Company said.
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Publish Date:03/December/2019 | 24:17

South Pars to Boost Gas Output by 11%

EghtesadOnline: Natural gas production in the giant South Pars Gas Field in the Persian Gulf will increase by 70 million cubic meters per day before the calendar year is out, managing director of Pars Oil and Gas Company, a subsidiary of state-owned National Iranian Oil Company that oversees the development of gas fields, said.
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Publish Date:26/November/2019 | 11:04

Manama Dialogue Focused on Differences With Tehran

EghtesadOnline: At the 15th edition of Manama Dialogue on Saturday, Persian Gulf Arab countries exchanged views about how to address differences with Tehran and deescalate regional tensions.
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Publish Date:24/November/2019 | 11:14

UAE Calls for Dialogue to Ease Regional Tensions

EghtesadOnline: A senior UAE official on Sunday urged Iran to come to the negotiating table with world powers and Persian Gulf Arab countries to seek a new agreement that would deescalate regional tensions.
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Publish Date:11/November/2019 | 24:37

Zarif Promotes Hormuz Peace Endeavor at MSC Meeting

EghtesadOnline: Foreign Minister Mohammad Javad Zarif on Tuesday elaborated further on the Hormuz Peace Endeavor proposed by Iran, which is meant to ensure Persian Gulf security through the cooperation of regional governments.
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Publish Date:30/October/2019 | 11:24

Pakistan FM: Riyadh Positive About Khan’s Initiative

EghtesadOnline: Pakistan’s Foreign Minister Shah Mehmood Qureshi announced that Saudi Arabia had positively responded to Prime Minister Imran Khan’s initiative for defusing tensions in the Persian Gulf region by agreeing to give peace a chance.
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Publish Date:20/October/2019 | 13:13

Iran Ready for Talks on Hormuz Initiative

EghtesadOnline: Iran is prepared to conduct more detailed negotiations on its proposed peace initiative for the Persian Gulf to develop the plan unveiled by President Hassan Rouhani during his address to the United Nations General Assembly last week, the government's spokesman said.
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Publish Date:01/October/2019 | 24:13

Oil Spill Near Kharg Island Contained

EghtesadOnline: The Iranian Offshore Oil Company said the leak in the 24-inch oil pipeline from Abouzar Oilfield to Kharg Island, in the Persian Gulf , has been fixed and the spilled oil in the region has been cleaned up.
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Publish Date:01/October/2019 | 24:06

Iran Petrochem Industry Focus on Health, Safety and Environment

EghtesadOnline: In line with policies to upgrade health, safety and environment (HSE) standards in petrochemical companies, experts from 21 petrochemical companies have completed technical training overseas, the head of HSE department of the Persian Gulf Petrochemical Industries Company said.
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Publish Date:30/September/2019 | 11:59

Oman Offers to Help Defuse Regional Tensions

EghtesadOnline: As a Persian Gulf state with friendly relations with all regional countries, Oman is willing to play the role of a facilitator in defusing tensions with Iran, but refuses to act as a mediator, the country's top diplomat said.
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Publish Date:29/September/2019 | 24:48

China's Xi: Persian Gulf Disputes Should Be Resolved Peacefully

EghtesadOnline: Disputes in the Persian Gulf should be resolved peacefully through talks and all sides should remain calm and exercise restraint, Chinese President Xi Jinping told Iraq’s visiting prime minister on Monday.
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Publish Date:25/September/2019 | 11:37

Hormuz Peace Plan Not Limited to Security Issues

EghtesadOnline: The regional initiative that Iran will introduce at the United Nations is aimed at ensuring lasting peace in the Persian Gulf and is not limited to security issues, President Hassan Rouhani said on Monday.
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Publish Date:25/September/2019 | 04:31

Call for Seizing Chance of Détente With Saudi, UAE

EghtesadOnline: Iran should seize the opportunity provided by the toned-down rhetoric from Saudi and Emirati officials to mend strained bilateral relations, says a political analyst, who believes that the interests of Persian Gulf states lie in lasting peace and security in the region.
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Publish Date:21/September/2019 | 24:46

South Pars Phase 11 Development May Go to Petropars

EghtesadOnline: Domestic companies will start operations to develop Phase 11 of the South Pars Gas Field in the Persian Gulf in October, managing director of Pars Oil and Gas Company, a subsidiary of state-owned National Iranian Oil Company that oversees the development of gas fields said.
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Publish Date:16/September/2019 | 11:22

Petropars to Develop Iran's Belal Gas Field

EghtesadOnline: Pars Oil and Gas Company, a subsidiary of the National Iranian Oil Company, signed a $440m contract Saturday with domestic company Petropars to develop Belal Gas Field in the Persian Gulf .
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Publish Date:15/September/2019 | 10:35