Total would be the first major Western enterprise to invest in Iran’s energy sector after the removal of sanctions against the country in 2016.

These projects would produce 3.600 megawatts (MW) of energy.

Gazprom is already a major player in the global natural gas liquefaction market.

Iran'.s oil production is about 3.9 million barrels a day. including the 2.2 million barrels exported.

The CCUS Summit. held ahead of the IEA’s 2017 Ministerial Meeting. was co-chaired by Rick Perry. the United States Secretary of Energy and Dr Fatih Birol. the IEA Executive Director.

In its monthly forecast. the agency cut its oil demand growth estimate for 2017 by 40.000 bpd to 1.31 million bpd.

According to Oil Minister Bijan Namdar Zanganeh. negotiations are underway with Iraq to develop three joint oilfields.

The Vision 2030 program’s success hinges on Aramco’s IPO. scheduled for the second half of 2018.

Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October. reports of disruptions in oil flows have been a daily occurrence.

Iran'.s petrochemical production plans and the idea of creating a fleet of tankers specifically for petrochemical products make more sense.