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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

Iran's Hendijan Oilfield Getting New Platforms

EghtesadOnline: Operations for loading the topsides of platforms 7 and 8 of Hendijan Oil Field destined for their location in the Persian Gulf started Tuesday.
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Publish Date:31/August/2019 | 10:44

Japan Offers to Help Ease Persian Gulf Tensions

EghtesadOnline: Senior Iranian and Japanese officials met in Yokohama, south of Tokyo, on Tuesday to discuss Middle East security and latest developments in diplomatic efforts to save the 2015 nuclear deal following the US exit.
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Publish Date:28/August/2019 | 10:29

South Pars Gas Field to Boost Output

EghtesadOnline: In line with plans to boost gas output from South Pars Gas Field in the Persian Gulf , the third offshore deck of SP Phase 23 was shipped Wednesday to its designated location, the deputy in charge of developing phases 22-24 said.
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Publish Date:17/August/2019 | 10:28

Massive Inflow of US Arms Into Region Denounced

EghtesadOnline: Foreign Minister Mohammad Javad Zarif chided the United States for transforming the Persian Gulf into a "tinderbox" with its massive arms sales to regional allies.
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Publish Date:14/August/2019 | 24:11

Zarif in Doha for Talks

EghtesadOnline: Foreign Minister Mohammad Javad Zarif traveled to Doha on Monday to meet Qatar's Emir Sheikh Tamim bin Hamad Al Thani and his counterpart amid rising tensions in the Persian Gulf .
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Publish Date:13/August/2019 | 11:34

Foreign Military Presence in Persian Gulf Source of Insecurity

EghtesadOnline: The presence of military forces in the Persian Gulf from countries outside the region would be considered a source of insecurity by Iran, Foreign Minister Mohammad Javad Zarif said, in reference to the United States' proposed maritime security mission in the strategic waters.
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Publish Date:11/August/2019 | 10:57

Vow to Counter Israeli Presence in Persian Gulf

EghtesadOnline: Iran sees Israel’s possible participation in a proposed US-led force in the Persian Gulf as a “clear threat” to its security and reserves the right to take action against such a menacing move, the Foreign Ministry said on Friday.
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Publish Date:10/August/2019 | 24:58

Iran Welcomes Regional Coop. to Ensure Security

EghtesadOnline: Iran welcomes any initiative by regional countries to foster cooperation and improve peace and security, Foreign Ministry’s spokesperson said, amid signs of willingness by Persian Gulf Arab states to pursue rapprochement.
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Publish Date:10/August/2019 | 24:56

UK: No Policy Shift on Iran Despite Joining US Hormuz Mission

EghtesadOnline: Britain on Monday joined the United States in a maritime security mission in the Persian Gulf to purportedly protect merchant vessels travelling through the Strait of Hormuz after Iran seized a British-flagged vessel.
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Publish Date:07/August/2019 | 24:42