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Ecuador Seeks Credit Line from Iran for Oil Projects

TEHRAN (FNA)- Ecuador said the country hopes it can receive the required volume of credit from Iran to accomplish its oil projects, following rapid development of relations between Tehran and Quito. “We are asking for a credit line of $280 million, especially to invest in our pipelines. We are sure …

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Iranian-Chartered Ship Released by Somali Pirates

TEHRAN (FNA)- An Iranian-chartered ship which was seized in the Gulf of Aden by Somali pirates in November was released. The ship named “Delight,” which was carrying 36,000 tons of wheat when it was hijacked, was released Friday night, the urgent reaction committee of the Islamic Republic of Iran Shipping …

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