Tehran, YJC. Following the revocation of sanctions from Iran’s petrochemicals, South American and African countries as well as India have started competing for the new opportunity.
Tehran, YJC. Deputy Oil Minister says Iran needs to allocate $1 billion a month to the South Pars oil field and that each day the expansion operations halted will cost $100 million.
TEHRAN, YJC. -- North and South Korea agreed in principle Thursday to hold their first official talks for years, signalling a possible breakthrough in cross-border ties after months of escalated military tensions.