Iran signs oil contract with Spanish firm May 2, 2012 - 12:51 AMT PanARMENIAN.Net - Iran's Society of Iranian Petroleum Industries Equipment Manufacturers (SIPIEM) signed a 1.6 billion euro contract with a Spanish company to manufacture high-tech equipment and components for its oil and gas, according to Tehran Times. The SIPIEM also signed another contract with a Chinese company to transfer technology to Iranian oil industry. “Iranian manufacturers have the potential to supply the oil industry with $20 billion worth of domestically-made goods and equipment this year, which began on March 20,” an official said earlier. Oil Minister Rostam Qasemi has said that the economic sanctions against the Islamic Republic “will not be effective enough to hinder progress of the country’s oil industry.”   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
