Iranian Soft Power

Global Business in Iran Update

 The Critical Threats Project maintains a database detailing major investment in Iran by international businesses, sortable by country, contractor, amount, date, sector, and status, located HERE.

Provided here are the Global Business in Iran Updates that detail new additions to the database, as well as related news on Iran's economy and trade, not included in the database.

 

APRIL 2 - MAY 17

Iranian companies take over Turkish TPAO’s South Pars work; Daimler, Total, Eni, Petronas, KPMG, Lukoil, PricewaterhouseCoopers and Ernst & Young halt business; two Australian companies face scrutiny for potential sanctions violations; Iran warns Royal Dutch Shell and Repsol on lack of activity on South Pars; UAE’s Dragon Oil renews contract with Iran; Zimbabwe and Iran ink uranium deal; California State Pension system still not in compliance with Iran sanctions laws; and updated target goals for Russian delivery of S-300 system and work on Bushehr reactor. 

MARCH 3 - APRIL 1

China offers investment for and India expresses interest in the Pakistan-Iran pipeline, upon which Pakistan and Iran have signed an agreement for construction commencement; Vitol, Royal Dutch Shell, Trafigura, Ingersoll-Rand, Reliance, and Lukoil halt Iran business; Iran plans bond sale to finance South Pars; Russia says it will start Bushehr in June; and $13 billion deal signed between Swiss EGL and National Iranian Gas Export Company.

FEBRUARY 18 - MARCH 2

Russian Gazprom and Iran near major oil deal; Caterpillar forbids sales in Iran; Malaysian firm to develop Resalat oil field; Iran seeks more Azerbaijani gas; Russia promises to honor S-300 sales; Indian NALCO's stalled projects.

FEBRUARY 6 - FEBRUARY 18

German, UK insurance firms cease Iran-related business; Russia delays S-300 delivery; Malaysian gasoline shipments. 

JANUARY 22 - FEBRUARY 5

Azerbaijan and Iran near major gas agreement; Indian oil consortium deadlocked over South Pars; and German, Swiss, and Italian companies halt business in Iran: Siemens, ABB AG, and Eni to leave Iranian market after completion of current contracts.