The Iranian Times
Monday, May 18, 1998 - Ordibehesht 28, 1377,
No. 481
Economy
Newsroom
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Monday
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Monday, May 18, 1998
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Friday, May 15, 1998
* Iran committed to OPEC's production cut, Kazempour says, (IRNA)
- Member of iranian delegation to the organization of petroleum exporting
countries (opec) hossein kazempour ardebili said on thursday iran is fully
committed to opec's production cut. in an interview with irna over the
report carried by the middle east economic survey (mees) on iranian crude
oil production in april, kazem-pour said the opec meeting in jakarta last
year raised iran's quota to 3.942 million barrels per day (bpd) from 3.6
bpd from january 1 and iran gradually increased production so it reached
the quota level coincindent with the opec's emergency meeting in vienna
at the end of march... full
text
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Thursday, May 14, 1998
* Mobil chairman says proposed Iran oil swaps may help U.S., (Reuters)
- The chairman of Mobil Corp.(MOB.N) said Thursday his company's proposed
plan to swap oil shipments with Iran could open the door for the Clinton
administration to improve relations with the Middle Eastern country's new
government. In early April. Mobil filed a request with the U.S. Treasury
Department to ship crude to northern Iran from the company's nearby oil
fields in the region and swap it for Iranian oil that would be shipped
from the southern part of the country... full
text
* Russia urged to speed up construction of Bushehr nuclear plant,
(Hamshahri)... full
text in Persian... Get Persian fonts from Hamshahri
or Payvand.
* Three British investment bankers due in Tehran, (Hamshahri)...
full
text in Persian... Get Persian fonts from Hamshahri
or Payvand.
* Iran sees 98/99 copper output at 120,000 tonnes, (Reuters) - Iran's
copper output is set to rise to 120,000 tonnes in the current Iranian year
to March 20, 1999 and production would double in the next three years,
the head of Iran's state copper company, told the daily Iran News. Iran's
copper output rose five percent to 105,000 tonnes in the last Iranian year...
full
text
* Major 15th of Khordad Dam in Delijan leaking, may become ueseless
in near future, (Hamshahri)... full
text in Persian... Get Persian fonts from Hamshahri
or Payvand.
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Wednesday, May 13, 1998
* Dependency on oil revenues more than predicted, (IRNA) - The
government's dependency on oil revenues was more than 40 percent as predicted
in the last year's budget, said the director general in charge of treasury
at the ministry of economy and finance yahya aghalu here tuesday. speaking
at the fifth gathering to review the financial issues of the country's
regional water organizations, aghalu said that a large portion of the country's
revenues comes from the oil exports... full
text
* Economics officials discuss ways of dealing with fall in oil prices,
(Hamshahri)... full
text in Persian... Get Persian fonts from Hamshahri
or Payvand.
* Some 80,000 (small) industrial units avoid taxes by not getting
official permits, (Hamshahri)... full
text in Persian... Get Persian fonts from Hamshahri
or Payvand.
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Tuesday, May 12, 1998
* Investment banks in British trade mission to Iran, (Reuters) -
Three investment banks will be among a British trade mission due in
Iran on Saturday seeking business opportunities, the British Embassy in
Tehran said on Tuesday. The banks are HSBC Investment Bank plc, Paribas
London and ANZ Grindlays, said commercial attache Gareth Lungley... full
text
* Kazakhstan agrees to export two million tons of oil per year via
Iran, (Hamshahri)... full
text in Persian... Get Persian fonts from Hamshahri
or Payvand.
* New telecommunications rates (including Internet?), (Hamshahri)...
full
text in Persian... Get Persian fonts from Hamshahri
or Payvand.
* Oilmen expect G8 to tackle Iran, (Reuters) - European majors
eyeing oil and gas projects in Iran expect leading industrialised nations
this week to tackle a row about U.S. sanctions aimed at isolating the Islamic
republic, industry sources said on Tuesday. But the companies such as Anglo-Dutch
Royal Dutch/Shell and British Petroleum Plc do not necessarily expect a
summit of the Group of Eight leading powers to make dramatic progress in
a dispute over the curbs, they said... full
text
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