US crude imports rose 577.000 bpd last week. while exports rose 400.000 bpd.

Background infrastructure costs for building a gas plant in Asia are often higher than the costs of building the gas plant itself.

South Africa bought around 68.000 bpd of crude from Iran in May 2012.

Iran'.s gross gas output stands at 285bn m3 yr.

The extraction capacities of Gazprom will allow to cover all the additional demand this year.

Chile and Mexico are the only Latin American OECD member countries.

In 2013. Rouhani won the presidential election with nearly 51 percent of the vote.

Iran has named 29 companies from more than a dozen countries as being eligible to bid for oil and gas projects.

Iran’s electricity exports to Iraq have steeply risen this year.