EghtesadOnline: Hook up operations on offshore decks of phase 13 (SPD 13A and 13C) of South Pars Gas Field in the Persian Gulf have been delayed due to problems created by the coronavirus, managing director of Pars Oil and Gas Company said.
EghtesadOnline: Europe is unlikely to trigger sanctions snapback because there is still room for diplomacy with Iran, says a political analyst, who believes that European warnings are meant to dissuade Tehran from further reducing its compliance with the nuclear deal.
EghtesadOnline: In a recent meeting with lawmakers, chief executives of banks expressed their opposition towards implementation of banking sector reforms.
EghtesadOnline: Insurance companies’ lack of accountability in making pharmaceutical payments is one of the main problems afflicting pharmacies, a board member of Iran Pharmacist Association said.
EghtesadOnline: European powers are likely to put off for weeks a decision on triggering a dispute procedure in the nuclear deal with Iran, which could reimpose international sanctions, diplomats said.
EghtesadOnline: Europe has no excuse for delaying the operationalization of its special payment channel, as Iran has now established the corresponding entity, Iran's top diplomat said.
EghtesadOnline: The Special Purpose Vehicle, a dedicated non-dollar payment channel created by Europe to keep trade flowing with Iran in defiance of US sanctions, is likely to be launched soon.
EghtesadOnline: Iran’s monthly lucrum cessans (an actual loss) because of delaying the implementation of new oil and gas contracts, called Iran Petroleum contract, reached $4 billion, Mehdi Hosseini, head of Iranian Ministry of Petroleum’s Oil Contracts Revision Committee said.