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Iran

Apr 24, 2014 at 10:07 | Source: Reuters
India is set to pay Iran USD 1.65 billion over the next three months under an interim nuclear deal that eases sanctions on Tehran and gives it access to USD 4.2 billion in blocked funds, four sources with knowledge of the matter said.
Apr 17, 2014 at 19:09 | Source: PTI
The project is proposed to be set up at a petrochemicals hub at Chahbahar, Iran, using natural gas as feedstock with an estimated investment of about Rs 7,000 crore.
Apr 16, 2014 at 13:28 | Source: CNBC-TV18
Gurnam Aroras of Kohinoor Foods says the exception growth seen in rice exports wa because of the new variety of Basmati rice.
Apr 09, 2014 at 19:29 | Source: PTI
The US Iran Sanctions Act (ISA) provides for sanctions against persons, including foreign firms, investing more than USD 20 million in Iran's energy sector in any 12-month period.
Mar 20, 2014 at 16:29 | Source: PTI
The move comes as the World Bank has offered to finance the feasibility study and transmission line to import 1,200 megawatts (MW) of power from India.
Mar 18, 2014 at 15:34 | Source: CNBC-TV18
According to the latest update, India has increased sugar exports to Iran and Asian markets. The strong exports have been aided by production incentives package and recovering world prices.
Mar 10, 2014 at 15:00 | Source: CNBC-TV18
Tata Coffee expects markets of West Asia, Turkey and Iran to open up and becoming new buyers. It is also witnessing shift in dynamics of its US market business. "We are shifting much of our business from bulk to packaging currently," said Huq.
Feb 25, 2014 at 16:07 | Source: Reuters
India's oil imports from Iran more than doubled in January from a month earlier after sanctions on Tehran were eased due to an interim deal on its nuclear programme.
Jan 29, 2014 at 10:10 | Source: Reuters
The bank raised its overnight lending rate to 12 percent from 7.75 percent, its one-week repo rate to 10 percent from 4.5 percent, and its overnight borrowing rate to 8 percent from 3.5 percent - all much sharper moves than economists had forecast.
Jan 14, 2014 at 20:02 | Source: PTI
Despite the small increase, collective OPEC production has now been below the group's 30 million b/d ceiling since September 2013. Last year's December and November totals mark the lowest volumes since mid-2011 when the uprising in Libya reduced the country's production to a trickle.
Messages on Iran »

siant_rao

Silver Member

9 Followers

Aban Offshore  

That`s right friend. Aban shot with ongc contract (June 2013), Oman offshore(august 2013) and Iran sanctions lifting ( Nov 2013), but the cash flow from these events are coming into company books only in Q4. So stock had to halt at 540 on Feb 6th as Q3 EPs was 53.8. The real benefit from these 3

7.28 PM Apr 22nd

siant_rao

Silver Member

9 Followers

Aban Offshore  

Aban is a great buy at current price. Its trading less than 10X its Q3 EPS of 53.80 and much less than 8X its Q4 street estimated EPS of 70 ! Though company is expected to post still higher EPS with 5 rigs working in Iran offshore pre and post lifting of sqnctions and ONGC contract having commenced

7.02 PM Apr 22nd

Wire News

Platinum Member

443 Followers

News Now  

IRAN-USA-AIRPLANE:Ghana company says U.S. plane seen in Tehran broke no laws

8.26 PM Apr 20th

Wire News

Platinum Member

443 Followers

News Now  

UK-IRAN-RIGHTS:Families of Iran prisoners stage protest outside parliament

8.26 PM Apr 20th

Firstpost

Platinum Member

784 Followers

Global News  

Source:FirstPost - DUBAI (Reuters) - Iran says that a plane which landed in Tehran airport flying the American flag was leased to Ghana`s presidential office and carrying a business delegation from the African nation.The New York Times reported on Thursday that a plane owned by the Bank of Utah

7.11 PM Apr 20th

raatsiv

Silver Member

8 Followers

Aban Offshore  

Got your point. Yup, income of 1050-1100 crs and PAT as 105-110 crs very very possible for Q4. Iran exp would have got booked at lower income in previous quarters. Differential can get booked now increasing income received in Q4..........Okayee,so now there seems every possibility that aban can

6.10 PM Apr 20th

siant_rao

Silver Member

9 Followers

Aban Offshore  

Nope, its not too high a figure to look forward to. Aban had 2 big advantages in Q4 over Q 4. One, it would definitely have got around 15% to 20% more cash inflow in Q4 compared to Q2/Q3 from aban ice, aban vii & rigs in offshore iran ; and two its expenses should have come down despite price

5.45 PM Apr 20th

siant_rao

Silver Member

9 Followers

Aban Offshore  

Aban ice drill ship is contracted to ONGC and is in Arabian Seq from Nov-DEC 2013. So expect rupee earnings to be up in Q4 by 75 crores. Expect some higher cash inflow from Iran after lifting of sanctions in Dec/Jan. Aban VII has been drilling in offshore Oman from December in Q4. Overall, Q4

2.12 PM Apr 20th

raatsiv

Silver Member

8 Followers

Aban Offshore  

SATs, aban v has moved from offshore Iran to offshore sharjah Ash Shariqah area last week, probably please note probably for drilling in offshore sharjah for hibiscus petroleum which gave orders for drilling in blockn50 Oman. aban deep driller v has been moving to Vietnam after refurbishing

3.17 PM Apr 19th

raatsiv

Silver Member

8 Followers

Aban Offshore  

Another point. Aban could be getting orders for sub-contracting where it may not be declaring contract details. Like the one in Vietnam where the oil company name is not known. This could be reason why aban v is moved from Iran to offshore sharjah very recently.

11.21 AM Apr 19th

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