Iran

Iran to Build 5-mln-barrel Tanks to Boost Storage Capacity

TEHRAN (FNA)- Iran plans to build new storage tanks on Kharg Island in the Persian Gulf waters in a bid to raise its storage capacity by 25%. Construction work of the planned 5 million-barrel storage tanks on Kharg Island is expected to be completed by the next 30 months, Managing …

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Iran Privatization Organization Confirms Bank Mellat Share Sale

TEHRAN (FNA)- A five per cent block of Bank Mellat shares is to be offered on the Tehran Stock Exchange. Bank Mellat shares will be on offer during Ten-Day Dawn ceremonies (31 January – 9 February), according to the deputy head of the Iran Privatization Organization (IPO), Esmaeel Gholami. Bank …

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Pakistan Underlines Iran, China Role in War on Terror

TEHRAN (FNA)- Pakistan’s President Asif Ali Zardari urged the international community to play its role in ending brutal attacks against unarmed and innocent Palestinians in Gaza and said that Israeli attacks violated the UN Charter. Speaking in a meeting with Iranian Oil Minister and Special Envoy Gholam Hossein Nozari, who …

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Ahmadinejad Stresses Iran’s Support for Iraq

TEHRAN (FNA)- Iran’s President Mahmoud Ahmadinejad said that it was Iran’s duty to be by the side of Iraq. Ahmadinejad met here with visiting Iraqi Prime Minister Nouri al-Maliki on Saturday evening. “Our Islamic and humanitarian duty requires us to be incessantly by the side of Iraqi people,” he said. …

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Volunteers Seek to Defend Gaza

TEHRAN (FNA)- Iranian student groups have appealed to the government to authorize martyrdom-seeking volunteers to leave Iran and fight against Israel in response to the Israeli assault on the Gaza Strip. The government of President Mahmoud Ahmadinejad had not responded to the call by Wednesday. Five student groups and a …

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Iran Cuts Oil Output

TEHRAN (FNA)- Iran said it cuts oil output by 545,000 barrels per day from Thursday, Jan. 1 in line with OPEC’s decision to reduce production in its bid to try to shore up tumbling crude prices. The Organization of the Petroleum Exporting Countries agreed in Algeria this month to cut …

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Iraq Seeks to Send Terrorist Group Out

TEHRAN (FNA)- Iraq said on Wednesday it wants thousands of the terrorist Mojahedin-e Khalq Organization (MKO) members at a camp north of Baghdad to leave the country, although it does not plan to expel them by force. Iraqi forces take over responsibility for Camp Ashraf, home to 3,500 MKO terrorists, …

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Iran, Pakistan Ink MoU for 50MW Wind Farm

TEHRAN (FNA)- Iran’s Sunir company and Pakistan’s Planet Energy Pvt Ltd signed a memorandum of understanding for the joint development of a 50MW wind farm in Pakistan. The MoU was signed by Managing Director of Sunir Co Reza Ebadzadeh and Chairman of the Planet Energy Pvt Ltd Tariq Sayeed and …

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Iraqi PM Due in Tehran on Saturday

TEHRAN (FNA)- Iraqi Prime Minister Nouri al-Maliki is due to arrive here in Tehran on Saturday heading a high-ranking economic delegation. The two-day trip is aimed at a discussion of bilateral ties of the two neighbors and their supreme council of economic cooperation. During his stay in Tehran, the Iraqi …

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Iran, Pakistan to Boost Cooperation in Power Sector

TEHRAN (FNA)- Iran and Pakistan agreed on Wednesday to boost cooperation in power sector and expedite implementation of existing projects, a joint statement signed by Iranian Deputy Minister of Energy Abbas Aliababi and adviser to Pakistan’s Water and Power Ministry said. In the statement which was released at the end …

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