Iran

Guiding Principles for Investment Policy making

During the Special Session of the D-8 Commission Meeting held under the chairmanship of Turkey, UNCTAD presented the key elements of the joint D-8 Organization for Economic Cooperation - UNCTAD Guiding Principles for Investment Policy making. Important agenda items regarding the forthcoming D-8 Summit Meeting were discussed. In January 2020, …

Essar reduces Iran oil imports, takes losses on SC verdict

Mumbai London-listed Essar Energy said it has reduced its dependence on crude imports from Iran for its refinery in Gujarat, amid mounting US pressure to curtail Iranian imports. “Our imports today from Iran is in very small quantities, as an expansion at our Vadinar refinery enables us process ultra-heavy crude …

Troubled US-India-Iran Triangle

New Delhi has to fully factor in its regional strategic and energy needs in its relationship with the US The US recently took the Iran-sanctions monkey off India’s back: it granted India — but not China and Singapore — an exemption from Iran-related financial sanctions in exchange for significant cuts …

Iran cancels $2 billion dam deal with China: report

Iran has cancelled a $2 billion contract for a Chinese firm to help build a hydroelectric dam in the country, Chinese state media said on Thursday, a move that risks upsetting Beijing, one of Tehran's most important economic and political allies. Iranian President Mahmoud Ahmadinejad is due to visit China …

Iran Nuclear Talks End with No Deal

Talks between Iran and six world powers on its disputed nuclear program failed to produce a breakthrough on Thursday, in an apparent diplomatic setback for both sides. The six wanted a freeze on Iranian production of uranium enriched to 20 percent purity, which is considered a short step from bomb …

India cuts crude oil imports from Iran

In the aftermath of the recent visit of U.S. Secretary of State Hillary Clinton and an indication of rising U.S. pressure not to deal with Iran working, the Central Government, on Tuesday, admitted that it had cut the crude oil supplies from Iran by 11 per cent to 15.5 million …

Iran a key country for India’s energy needs: SM Krishna

Foreign minister SM Krishna and US secretary of state Hillary Clinton at a news conference in New Delhion May 8, 2012. (AP photo) NEW DELHI: Responding to American demands on reducing oil imports from Iran, India on Tuesday pushed back, saying Iran was "a key country" for India's energy needs. …

PM cites energy needs to counter US call on Iran oil

Singh Dwells On Need To Engage Tehran New Delhi/Kolkata: India wants Iran to fulfill international obligations with regard to its nuclear programme, but New Delhi cannot lose sight of its energy security needs, Prime Minister Manmohan Singh told US Secretary of State Hillary Clinton during a wide-ranging discussion in the …

TAPI pipeline: transit fee likely to be finalised by next month

The GSPA relating to the TAPI pipeline has not been signed yet With India, Pakistan and Afghanistan reaching a broad understanding on the issue of transit fee for import of natural gas through the proposed $7.6 billion Turkmenistan, Afghanistan, Pakistan and India (TAPI) pipeline project, the nations concerned are likely …

Bus Rapid Transit System planned for Karachi

Sindh government has planned to introduce Bus Rapid Transit System in the province initially in Karachi in the first phase costing Rs 450 million. This system successfully functions in 28 countries of world including Iran, Japan, Turkey, China, Malaysia and India. After the success of Bus Rapid Transit System in …

Iran Says It Will Offer Unspecified Proposals at Coming Nuclear Negotiations

Iran’s top nuclear negotiator said Wednesday that he would offer “new initiatives” at the coming talks with world powers on its disputed nuclear energy program, apparently trying to strike a posture of conciliation without specifying which ideas he intended to propose. The assertion by the negotiator, Saeed Jalili, the secretary …

Iran launches first exploration robot in Caspian Sea

Iran’s North Drilling Company says the country launched its first exploration robot in the Caspian Sea’s Sardar-e Jangal gas field last year to take offshore drilling operations to a depth of 800-1,000 meters. The company’s Managing Director, Hedayatollah Khademi, said on Monday that Iran has become the first country in …

Arsenic exposure and hypertension: A systematic review

Environmental exposure to arsenic has been linked to hypertension in persons living in arsenic-endemic areas. The researchers summarized published epidemiologic studies concerning arsenic exposure and hypertension or blood pressure (BP) measurements to evaluate the potential relationship.

India faces US curbs over Iran oil imports

The US may impose tough economic sanctions on India for continuing to import crude oil from Iran. On Tuesday, US Secretary of State Hillary Rodham Clinton exempted 11 nations from US sanctions on Iran because they have “significantly reduced” their oil imports from the West Asian nation. India was pointedly …

In stitching a complex oil-for-food deal, India sets about placating Iran

Also woos Saudi Arabia with new petroleum diplomacy, while trying to soothe a vexed US, in an interesting coordination effort between external and other ministries India is finally plunging into the oil politics of the Gulf and West Asia. It sent a team of senior officials from the commerce ministry …

US may impose sanctions on India over Iran oil imports imimimports from Iran

Obama administration officials say they are concerned India may run afoul of a new US law restricting payments for Iranian oil, forcing the White House to impose sanctions on one of its most important allies in Asia. So far this year, India is failing to cut back its purchases of …

Oil Ministry monitoring Iranian oil imports, says no plan to cut supply

NEW DELHI: Oil Ministry is closely monitoring oil imports by refiners, but it has no plans to order a reduction in Iranian supplies despite reports that the Obama administration may impose sanctions against India on June 28 because the country continues to buy significant quantity of oil from Teheran, government …

IP gas line project: US didn''t threaten Pakistan, says Hina

Foreign Minister Hina Rabbani Khar on Thursday reiterated Pakistan's commitment to pursuing Iran-Pakistan gas pipeline project, saying Islamabad was not threatened by Washington with economic sanctions in this regard. Speaking to media persons at Foreign Services Academy here, Khar said she had previously talked on the matter as Pakistan was …

High oil prices creep towards top of Asian countries’ economic worry list

Sydney High oil prices are fast replacing Europe as the biggest danger to growth in Asia, threatening to smother consumer demand while taking a knife to exports and reigniting inflation. Brent crude topping $128 a barrel is also a headache for central banks as it makes it harder to use …

Big powers accept Iran offer of nuclear talks

Six world powers have accepted an Iranian offer for talks on its disputed nuclear programme, the European Union’s top diplomat said on Tuesday, after a year’s standstill that has increased fears of a slide into a new West Asian war. The announcement by EU foreign policy chief Catherine Ashton came …

Electricity export to India possible, Iran minister

Iran is keen to explore the possibility of exporting electricity to energy-hungry India after the much-touted tri-nation gas pipeline project with New Delhi slid into limbo. Iran's energy minister Majid Namjou said Iran might well export electricity to India instead of gas. Namjou said that India is one of the …

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