- Iran: Eight Prisoners Hanged on Drug Charges
- Daughter of late Iranian president jailed for ‘spreading lies’ - IRAN: Annual report on the death penalty 2016 - Taheri Facing the Death Penalty Again - Dedicated team seeking return of missing agent in Iran - Iran Arrests 2, Seizes Bibles During Catholic Crackdown
- Trump to welcome Netanyahu as Palestinians fear U.S. shift
- Details of Iran nuclear deal still secret as US-Tehran relations unravel - Will Trump's Next Iran Sanctions Target China's Banks? - Don’t ‘tear up’ the Iran deal. Let it fail on its own. - Iran Has Changed, But For The Worse - Iran nuclear deal ‘on life support,’ Priebus says
- Female Activist Criticizes Rouhani’s Failure to Protect Citizens
- Iran’s 1st female bodybuilder tells her story - Iranian lady becomes a Dollar Millionaire on Valentine’s Day - Two women arrested after being filmed riding motorbike in Iran - 43,000 Cases of Child Marriage in Iran - Woman Investigating Clinton Foundation Child Trafficking KILLED!
- Senior Senators, ex-US officials urge firm policy on Iran
- In backing Syria's Assad, Russia looks to outdo Iran - Six out of 10 People in France ‘Don’t Feel Safe Anywhere’ - The liberal narrative is in denial about Iran - Netanyahu urges Putin to block Iranian power corridor - Iran Poses ‘Greatest Long Term Threat’ To Mid-East Security |
Saturday 19 April 2014Iran may supply gas at $3/mmbtu to India's proposed urea plant
Business Standard New Delhi - Iran is likely to supply gas at USD 3 per mmbtu for India's proposed urea and ammonia plant to be set up in the Persian Gulf nation. Rashtriya Chemicals and Fertilisers (RCF) and Gujarat Narmada Valley Fertilisers & Chemicals (GNFC) have been jointly working on this project. The project will also include an Iranian firm. The project is proposed to set up at a petrochemicals hub at Chahbahar, Iran, using natural gas as feedstock with an estimated investment of about Rs 7,000 crore. "Talks are at an advanced stage and there have been indications from the Iranian authorities for supplying gas at USD 3 per mmbtu," sources said. As per the proposal, the Iraninan government will assure supply of gas at fixed rate and India will lift the total quantity of soil nutrients produced at the proposed plant. Work on the project has expedite following the lifting of sanctions on Iran by the US in November last year. Iran had struck a deal with world powers to curb its nuclear programme in return for some sanctions relief and no new nuclear-related sanctions on the country for 6 months. The Fertiliser Ministry had also received a letter from the Iranian embassy inviting a delegation from India to discuss gas prices and supply for the proposed urea plant there, sources added. However, the Indian government is already in talks with Iran to provide financial assistance and develop Chabahar port. |