Gulf Oil and Gas accountACCOUNT

Iran, Iraq, Syria ink MOU to Boost Transit Co-op

Source: www.gulfoilandgas.com 1/13/2013, Location: Asia

Iran, Iraq, and Syria have signed a memorandum of understanding to expand cooperation through boosting transit of goods through joint borders, the Fars News Agency quoted Iranian Deputy Roads and Urban Development Minister Shahryar Afandizadeh as saying.

The agreement was inked last week in Tehran, Afandizadeh said, adding that official of the three countries agreed to facilitate border trade and expand border terminals.

Another agreement will be signed in the near future by Iran, Uzbekistan, Turkmenistan, Oman, and Qatar in order to boost transit of goods from Chabahar Port to the CIS countries, he noted.

In October, 2012, Afandizadeh said that the volume of transited goods via Iran has increased by 75 percent compared to four years ago.

Afandizadeh told IRNA that over 5.8 million tons of goods were transited via Iran in the first half of the current Iranian calendar year, which began on March 20, showing 25 percent growth year on year.

He added that 2.4 million tons of the transited goods were oil products and the rest were non-oil products.

The highest volume of the transited goods was related to transiting 1.8 million tons of goods from Iraq to the UAE.

Afandizadeh said that more than 100 countries are currently transiting their goods via Iran.

Investment News in Iran >>

United States >>  9/21/2020 - Northern Oil and Gas, Inc. has announced the completion of its reverse stock split and other business updates.

REVERSE STOCK SPLIT
Australia >>  9/17/2020 - The Federal Government’s announcement to invest $1.9 billion to reduce carbon emissions paves the way for large-scale carbon capture and storage (CCS)...

United Arab Emirates >>  9/14/2020 - Abu Dhabi National Oil Company (“ADNOC” and, together with its subsidiaries, “ADNOC Group”), has successfully completed a placement to institutional i...
Russia >>  9/11/2020 - The Gazprom Management Committee took note of the information about the implementation of major investment projects. ...

Russia >>  9/11/2020 - - Gazprom's overall amount of investments for 2020: RUB 922.489 billion.
- Gazprom's borrowings for 2020: RUB 501.287 billion.
- Final ...

Libya >>  9/10/2020 - Libya’s National Oil Corporation (NOC) Chairman Eng. Mustafa Sanalla today 10 September 2020 set out the enormous opportunities which Libya offers to ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.