Iran has signed contracts worth $21 billion with local firms for the development of six phases of the country’s giant South Pars gas field. The deals to develop phases 13, 14, 19, 22, 23 and 24 of South Pars were signed on Tuesday between the Iranian Oil Ministry and three local consortia, namely Khatam al-Anbiya, [...]

A total of 100,000 Tondar 90 (Renault Logan) cars have been produced in Iran, half of which by Iran’s biggest automaker, Iran Khodro (IKCO). Renault Pars Company is in charge of the engineering, quality control, parts supply, logistics, managing sales policies as well as marketing and customer services for Renault products in Iran and IKCO [...]