TEHRAN (Fars News Agency)- Phase 12 of South Pars (SP) gas field would earn Iran six billion dollars, 5.3 percent of gross national product (GNP), per year if the lowest prices were considered, said Petropars Company managing director here on Thursday.

TEHRAN (Fars News Agency)- Abu Dhabi National Energy Co TAQA.AD (Taqa) said it is in early talks to import natural gas from Iran to the United Arab Emirates, and invest in the Iranian energy industry, including in power.

TEHRAN (Fars News Agency)- The volume of Iran-Russia trade and business transactions was equal to $2.294 billion in the first nine months of 2007, which is double the value of the same period in 2006

TEHRAN (Fars News Agency)- Iranian President Mahmoud Ahmadinejad Thursday telephoned his Algerian counterpart Abdelaziz Bouteflika to condemn the deadly attacks in Algiers that claimed dozens of lives.

TEHRAN (Fars News Agency)- A car to be made by Iran, Malaysia and Turkey will be launched in 2011, the head of the Middle East’s biggest carmaker and partner in the project, Iran Khodro, said on Wednesday.

TEHRAN (Fars News Agency)- China’s Sinopec Corp has agreed to buy from National Iranian Oil Company about 160,000 barrels per day of crude under a one-year pact for 2008, nearly tripling the current level, a trading source said on Thursday.

TEHRAN (Fars News Agency)- Iran said Thursday that talks with the UN nuclear watchdog on investigating traces of uranium found at a Tehran university were constructive.

TEHRAN (Fars News Agency)- Iran and Pakistan will sign two crucial agreements on the multi-billion dollar gas pipeline project that also involves India within two months.

TEHRAN (Fars News Agency)- President Mahmoud Ahmadinejad has been invited to perform the hajj pilgrimage by Saudi King Abdullah, in another first for the Islamic republic’s chief executive, Iran’s ambassador to Riyadh announced on Wednesday.

TEHRAN (Fars News Agency)- Iran’s former nuclear negotiator Ali Larijani here Wednesday described Iran-US differences as strategic, stressing that the problems of the two arch foes may not be resolved simply through sending signals.