The former Iranian Secretary General of the Gas Exporting Countries Forum stressed the need to halt unilateral transnational sanctions against some GECF members.

OPEC’s own outlook reflected a surplus of around 70.000 barrels per day (bpd) next year.

Drilling of the first appraisal well in Ghezel Tappeh Reservoir. Golestan. had started to develop the Middle East’s largest gas storage facility.

The remaining parties to the JCPOA meet in Vienna on December 6 to discuss how to move forward.

There are plenty of grounds in environment and energy sectors which can enhance bilateral ties.

The growing role of the United States as a global energy supplier would exert downward pressure on oil prices.

Oil production in the US has continued to expand and now stands at a record level of 12.9 million barrels a day.

The initial capacity of TANAP. which is the main segment of the Southern Gas Corridor. is 16 billion cubic meters of gas.