IRAN & RUSSIA OPTIMISM
Talks between the P5+1 nations and Iran have failed to reach a conclusive outcome by the self-imposed 31st March deadline. The P5+1 nations and Iran have extended talks for a further 24 hours, in the hope that an outline agreement over Iran's nuclear programme could be reached.
Iran and Russia have both expressed optimism that an initial agreement was within reach.
The initial agreement would pave the way for a final accord to be signed into action in June of this year. A number of sticking points remain, however, with the number of centrifuges Iran can operate said to be among them.
News agency Reuters reported that the Russian Foreign Minister, Sergei Lavrov, had said that negotiators had reached a general accord on "all key aspects".
Iran's state news agency reported that a draft agreement could be prepared on Wednesday.
The P5+1 nations, which comprise the United States, Britain, France, Germany, Russia and China, aim to stop Iran from gaining the capacity to develop a nuclear bomb in exchange for easing international sanctions that are crippling its economy.
A senior Iranian negotiator said Tehran was willing to negotiate until the deadlock was resolved.
"Iran does not want a nuclear deal just for the sake of having a deal, and a final deal should guarantee the Iranian nation's nuclear rights," the negotiator, Hamid Baidinejad, told reporters.
|October, 18, 08:00:00|
|October, 17, 10:35:00|
|October, 17, 10:30:00|
|October, 17, 10:25:00|
|October, 17, 10:20:00|
|October, 17, 10:15:00|
MEOG - Judaimi highlighted that the closer cooperation between Saudi Aramco and Indian energy entities is reflected in the partnership with RRPCL and ADNOC on the Ratnagiri mega-refinery and petrochemicals complex in Maharashta this year. He noted that nearly $2 billion in material-service sourcing with Indian companies to date; and the opening of the Aramco Asia India office in 2017.
REUTERS - The United States must not determine European energy policy or decide whether Germany buys Russian gas, a top German diplomat said on Tuesday.
FT - “Total has great ambition in this country, we want to be the largest foreign oil and gas player here,” the company’s chief executive Patrick Pouyanné said on Monday at the launch of a factory outside Moscow.
PLATTS - Petrobras is to form two joint venture companies with China National Petroleum Corp. (CNPC) to complete construction of a refinery and revitalize four mature fields in the offshore Campos Basin, the state-owned Brazilian company said