Iranian delegations to visit Indonesia

Iranian delegations to visit Indonesia

Baku, Azerbaijan, July 21

By Dalga Khatinoglu- Trend:

Three Iranian delegations in progressive science and technology, banking, and oil will visit Indonesia to boost bilateral cooperation in the post sanctions era.

Expectations are for the sanctions imposed on Iran to be lifted by the end of current year, and European delegations, headed by top officials, have been visiting Iran intensively.

A German delegation visited Iran last week, while delegations from France, Italy, Austria, UK and Poland are to visit this country to discuss economic ties in coming weeks.

IRNA quoted Fortuna Anwar, the senior adviser to Indonesian Vice President Jusuf Kalla Dewi on July 31, saying that the first Iranian delegation will visit this country to negotiate in the oil sector. The agency also quoted Iran's ambassador to Jakarta Valiollah Mohammadi as saying that a delegation from the Central Bank of Iran also will visit Indonesia soon.

Iran's president kicked off his trip to Indonesia on April 21 to attend a ceremony marking the 60th anniversary of the Asia Africa Conference. Just a year ago, Iran announced that it was preparing to build five refineries in Indonesia, aimed to diversify Iran's oil export.

The head of Iran's Oil, Gas and Petrochemical Products Exporters Union said last April that Iran would build a heavy oil refinery with a daily production capacity of 150,000 barrels of crude oil in addition to five smaller refineries with daily production capacities of 30,000 to 50,000 barrels of gas condensates in Indonesia. The total refining capacity of 300,000 barrels per day would be fed by Iranian crude oil and gas condensate.

Almost all of Iran's crude oil export goes to Asian markets: including China, India, Japan and South Korea.

Iran's oil export has decreased from 2.5 million barrels per day (mb/d) in 2011 to about 1.1 mb/d currently due to western sanctions. However, in the light of rising hopes of resolving Iran's nuclear dispute through negotiations, Iran is preparing to boost its oil production and export.

Iranian oil firm Nakhle Barani Pardis and Indonesia's PT Kreasindo signed a $3 billion agreement last February for the construction of six refineries. Nakhle Barani Pardis has reportedly accepted to finance 30 percent of the refinery to be built at Banten or another location in West Java. Iran's Press TV reported then that the projects were set to start in 2015 and would take an estimated three years to complete.

However, during Rouhani's visit to Indonesia to take part in the 5-day conference, the country's Oil Minister Bijan Namdar Zanganeh didn't accompany him. Despite this huge project, which creates opportunity for Iran to increase its oil export as well as benefits from a country that relies on one third of its needed liquid fuels from imports.

A strong economy, population growth, and continued state subsidy for fuels have worked together to push domestic oil demand beyond supply in Indonesia.

Azerbaijan has ample opportunities and potential for artificial intelligence dev't
Azerbaijan has ample opportunities and potential for artificial intelligence dev't
Number of blocked malware in AzStateNet network drops
Number of blocked malware in AzStateNet network drops
Microsoft Azerbaijan to support all initiatives in liberated territories of Azerbaijan
Microsoft Azerbaijan to support all initiatives in liberated territories of Azerbaijan
Loading Bars
Latest
Britain expects 'very significant' week for Brexit talks as clock ticks down
Iran declares cargo transportation from Sistan and Baluchestan Province
Death toll from COVID-19 tops 172,000 in Brazil
Chinese companies to process Uzbek garlic for further export to US and European countries
Turkey's export of grain, legumes to France declines
Iran reveals its COVID-19 data for November 29
Details of Iran’s trade turnover announced
EU aims to support Georgia in its efforts to reform electricity market
Azerbaijan confirms 4,170 new COVID-19 cases, 1,985 recoveries
5.5-magnitude quake hits Vanuatu
Azersu LLC announces tender for purchase of equipment for laboratory
Kazakhstan's import of Turkish cement up
Azerbaijan shows footage of Aghdam's Shahbuldag village (PHOTO/VIDEO)
Expenses on construction of enterprises in Iran’s Isfahan Province increases
Number of enterprises launched in Iran's Ilam Province shrinks
Turkmengas opens tender for maintenance of gas turbine generators
At least 30 police killed, over 20 wounded in suicide car bomb explosion in E. Afghanistan
Georgia reports 4 426 new coronavirus cases, 3 721 recoveries, 35 deaths
Over 5,500 patients recover from coronavirus in Moscow in the past day
Azerbaijan shows footage of liberated from occupation villages of Kalbajar region (PHOTO/VIDEO)
China increases import of Turkish cars
Employment in Iran's Alborz Province declines
The President of Turkmenistan receives representative of medical community of Germany
S. Korea reports 450 more COVID-19 cases, 33,824 in total
Azerbaijan's turnover on payment cards in 10M2020 up
Inter-Agency Coordination Council discusses enforcement of Covid restrictions
Azerbaijan has ample opportunities and potential for artificial intelligence dev't
Trump may announce plans for 2024 presidential race during Biden’s inauguration
826 more coronavirus cases recorded in Kazakhstan over 24 hours
France sees further fall in COVID-19 hospitalizations as lockdown exit starts
Turkey's Temsa makes 1st electric bus exports to Sweden
Iran registers monthly positive trade balance
Scottish dev’t agency eyes establishing co-op with companies in Uzbekistan’s Karakalpakstan
Croatian PM in self-quarantine after wife contracts COVID-19
UK records another 15,871 coronavirus cases with 479 deaths
Some 46,000 people gather in Paris to protest against security bill
Kazakhstan to modify large energy saving projects on railways
Severe fire danger for Australia as temperatures smash records
Dozens of Boko Haram militants killed in Nigeria airstrikes
Pope installs new cardinals, including first African-American
WHO reports new daily record high of over 747,000 COVID-19 cases
UK police arrest 155 in anti-lockdown protests in London
Assistant to Azerbaijani president posts footage from Tartar, Aghdam cities
UK, France sign new deal to stop illegal migration across Channel
Iran discloses electricity generation at Iran's Bandar Abbas TPP
Turkey reports 6,714 new COVID-19 cases, 487,912 in total
Zarif: Iran at forefront of fighting terrorism
Georgia takes necessary steps to avoid increase in bread prices
Ethiopian military has taken 'full control' of Tigray capital, government says
Iran’s Bahar Azadi gold coin price continues to fall
Weekly review of Azerbaijani precious metals market
Kazakhstan raises import of grain, legumes from Turkey
Buy/sell operations at Iran Mercantile Exchange revealed
AP publishes article covering Armenian missile attack on Azerbaijan’s Ganja on Oct.17 (PHOTO/VIDEO)
OIC adopts resolutions in connection with Armenia's aggression against Azerbaijan
President, members of Board of European Muslim Forum send letter to President Aliyev
Aghdam district of Azerbaijan after 27 years of Armenian occupation (VIDEO)
Kazakhstan to bring waste processing level to average European level
UK appoints minister in charge of COVID-19 vaccine rollout
Number of blocked malware in AzStateNet network drops
Airport in Uzbekistan to buy auto parts via tender
Iranian Energy Exchange announces products to be on sale November 29
Azerbaijani team takes third place in group exercises at 36th European Rhythmic Gymnastics Championships
At least 6 killed in Somali capital suicide bombing
Microsoft Azerbaijan to support all initiatives in liberated territories of Azerbaijan
Azerbaijan shows footage of Kalbajar's Vang village (VIDEO)
Police fire tear gas at Paris protest against police violence
Electricity imports growing in Georgia
Cargo, passenger traffic via Turkish Sabiha Gokcen Airport slumps amid pandemic
Uzbek-Korean JSC Uz-Dong Won Co. announces tender for steel pipes supply
Cargo transportation at Turkish Antalya airport reduces
Austria records nearly 1,000 COVID-19 deaths over past 10 days
State Employment Agency of Azerbaijan opens tender on supporting start-up projects
Results of Azerbaijan's junior national team performance at 36th European Rhythmic Gymnastics Championships announced
Details of Iran’s exports to Iraq declared
Azerbaijan reports 4,212 new COVID-19 cases, 1,760 recoveries
Four citizens dead as result of mine exploding in Fuzuli - Azerbaijani Prosecutor General's Office
Kazakhstan's export volumes to China surge despite COVID-19
Assistant to Azerbaijan's president, diplomats, Garabagh FC representatives visit Aghdam Mosque (PHOTO)
Turkmenistan committed to promoting socio-economic development of Afghanistan
Georgian oil companies seek to avoid price increases
Tender for maintenance of elevators, escalators launched in Turkey
Azerbaijan's ten-month output of oil products declines
Turkey's export of grain and legumes to Turkmenistan up
Turkmenistan, Belarus discuss program of cooperation
Iran reveals its COVID-19 data for November 28
Azerbaijani president's assistant, diplomatic corps reps arrive at liberated Aghdam city
Rural digitalization project successfully underway in Kazakhstan
Missile fired to Tartar by Armenia delivered to local museum - president's assistant (VIDEO)
Number of enterprises put into operation in Iran's Ardabil Province up
Water problems center to be created in Uzbekistan’s Khorezm region
Khazar Consortium opens tender for purchase of lubricating oil
Azerbaijan’s Baku Telephone Communications opens tender
Georgia sees increase in COVID-19 cases
Number of shells fired at Tartar district by Armenian Armed Forces revealed
German minister says partial lockdown could last until Spring 2021
Kazakhstan doubles export to Afghanistan
Price of apartments in Iran’s Tehran rising
Autumn grain sowing carried out on large area of land in Azerbaijan
Azerbaijan’s Baku Metro to buy inert materials through tender
All news