Published since 2008
Published on July 08, 2012
IRAN TO SELL OIL TO EUROPE VIA PRIVATE CONSORTIUM
- Iran has reached agreements with European refiners to sell some of its oil through a private consortium, the Indian Express reported, citing an official. The head of the oil products exporters' union said the agreement between the exporters' union, Iran's central bank, and the oil ministry would get round a European Union ban on shipping insurance for tankers carrying Iranian oil, though he gave few details and did not name the refiners involved. There have been discussions with European refiners, and a final agreement has even been reached, said Hassan Khosrojerdi, the exporters' union head, according to Iran's Mehr News Agency. In accordance with the agreement, it is planned that 20 per cent of Iran's oil exports will go through this private consortium. He added: It is likely that because of international restrictions, we will give minor privileges or discounts to some of the buyers of our oil. Khosrojerdi did not say which refiners were involved or how they would receive the oil. Asked what steps had been taken to circumvent the shipping insurance ban, he said that with the agreement with some of the European refiners, this problem has been solved completely. The EU put into effect a ban on the importation, purchase, or shipping of Iranian oil on July 1, and the Islamic Republic will see its oil exports fall by more than 50 per cent this month from last year's regular levels costing billions of dollars of revenue.
© Tert.am
Headlines for July 08, 2012FLASH FLOODS IN RUSSIA'S SOUTH KILL 144
Flash floods caused by torrential rain have swept the southern Russian Krasnodar region, killing 144 people, BBC News reported, citing Russian officials. The floods, the worst there in living memory, ...FRANCE'S HOLLANDE VOWS NEW ARMENIAN GENOCIDE LAW
French President Francois Hollande has said he plans a new law to punish denial that the 1915-16 killing of Armenians was genocide, BBC News reported. A previous law approved by the French parliament ...CHOLERA OUTBREAK REACHES CUBA
A cholera outbreak in Cuba has killed at least 15 people and sent hundreds more to hospitals, USA Today reported, citing El Nuevo Herald. The island nation's first cholera outbreak in a century is jamming ...ARMENIAN PRESIDENT EXTENDS CONDOLENCES TO RUSSIA'S PUTIN
Armenian President Serzh Sargsyan has sent a condolence address to his Russian counterpart, Vladimir Putin, over the flash floods in the country's south, that claimed more than a hundred of lives.
"We ...MUTALIBOV RETURNS TO AZERBAIJAN AFTER 20 YEARS' ABSENCE
Azserbaijan's first president, Ayaz Mutalibov, has finally returned to homeland after residing in Russia for 20 years.
His repatriation became possible thanks to a recent parliament-approved bill proposing ...US CONGRESSMAN ENTERS GAY MARRIAGE
US Representative Barney Frank married his longtime partner, Jim Ready, late on Saturday, becoming the first US member of Congress to enter into a same-sex marriage, The Boston Globe reported.
The newspaper ...15-17 PEOPLE IN ARMENIA TURN TO PSYCHOLOGIST EVERY MONTH
The average number of people turning to psychologists every month ranges between 15 and 17 in Armenia, says a specialist.
Speaking to Tert.am, psychologist Mariam Mehrabyan said that the number of people ...DAVUTOGLU: WE DO NOT DENY THE ARMENIANS' GRIEF
1
While travelling from Ankara to Paris, Turkish Foreign Minister Ahmet Davutoglu talked of different issues with journalists, addressing, among other things, the Armenia Genocide.
Commenting on the opinions ...LIBERALS CLAIM EARLY LEAD IN LIBYAN VOTE COUNT
Liberals claimed an early lead on Sunday in counting of votes across the country after Libya's first free elections following the ouster of dictator Moammar Gaddafi, Now Lebanon reported. "Early ...IRAN TO SELL OIL TO EUROPE VIA PRIVATE CONSORTIUM
Iran has reached agreements with European refiners to sell some of its oil through a private consortium, the Indian Express reported, citing an official. The head of the oil products exporters' union ...US FINES IRAN FOR LEBANON ATTACK
A US federal judge has ordered Iran to pay more than $813 million in damages and interest to the families of 241 US soldiers killed in the 1983 bombing of a Marine barracks in Lebanon, AFP reported. ...ARMENIAN TOURISTS PREFER EXOTIC COUNTRIES THIS YEAR
While most of the Armenians wishing to spend the summer abroad used to travel to countries like Egypt and Turkey, their interest this year has turned to more distant and exotic places, says a tourism ...US SCIENTISTS DEVELOP MOST REALISTIC ROBOT LEGS (VIDEO)
US experts have developed what they say are the most biologically-accurate robotic legs yet, BBC News reported. Writing in the Journal of Neural Engineering, they said the work could help understanding ...MAJOR PROBLEMS IN ARMENIA'S NORTH-WESTERN BORDER VILLAGE
The village of Ashnak, situated near Armenia's north-western border (Argatsotn province), has around 1,500 residents and 400 households, with very few dwellings being totally shut up.
Speaking to Tert.am, ...TWO ARMENIANS REPORTED DEAD IN RUSSIAN FLOODS
Two Armenian nationals have been reportedly killed in the severe flash floods that hit Russia's southern region, Krasnodar, on Friday night.
According to the Emergency Situations Ministry's Crisis Management ...MONUMENT SYMBOLIZING YEREVAN IN DEPLORABLE CONDITION
While the Yerevan mayor and different district governors promise to impart a new appearance to the capital city, emphasizing the importance of maintaining symbols, the monument on the Yerevan-Sevan highway ...DIASPORA MINISTRY READY TO ASSIST SYRIAN-ARMENIANS
In case the Armenians in Syria face physical threats under the circumstances of war, the Ministry of Diaspora will be ready to do everything possible to assist them, the minister has promised.
"We will ...DECHAMPS TO TAKE OVER AS FRENCH TEAM'S MANAGER
Former France captain Didier Deschamps is set to become the national team's new manager after agreeing terms with the French Football Federation (FFT), Ahram Online reported, citing sources. L'Equipe ...DAYS NUMBERED FOR ASSAD REGIME, SAYS CLINTON
Hillary Clinton, the US secretary of state, warned that time was running out for the Syrian regime and it needed to start a political transition to save the country from a "catastrophic assault", ...BRITISH MILLIONAIRE OFFERS £1,000 TO COMPLETE STRANGERS
An anonymous millionaire in Britain is currently putting people to the test by handing out £1000 to those he randomly encounters, The Telegraph reported.
The paper Telegraph spent the day with ...
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- 1807 Signature of the Tilsit Pact between France and Russia.
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