Classic Layout

Iran, UAE Have yet to Agree on Gas Deal

TEHRAN (Fars News Agency) Iranian Offshore Oil Company (IOOC) head Monday said if Iran and the United Arab Emirates (UAE) reached an agreement, his country would for the first time export over 540 million cubic feet of gas per day to an Islamic neighboring state.

Read More »

Iran Jails Four Former Officials for Corruption

TEHRAN (Fars News Agency) Four former Iranian officials, including one who held a key Oil Ministry position and an ex-customs director, have been jailed for up to five years for taking bribes and embezzlement, the judiciary said on Tuesday.

Read More »

Envoy: Iran Increases Monthly Quota to Control Black Market

TEHRAN (Fars News Agency)- Iran has increased the monthly gasoline quota for private drivers to 120 liters from 100 liters from Saturday in a bid to end scarcity and check black marketeering, Iran’s Ambassador to the United Arab Emirates Hamid Reza Asefi said yesterday.

Read More »