Merkel says she sees no need for the EU to get involved. and her government has sought assurances from Moscow that it will keep pumping gas through Ukraine after its gas transit contract expires in 2019.

A German-Iranian company started construction of a new solar power plant in Meybod region located at central province of Yazd.

Under the production agreement. OPEC committed to 32.5 million bpd.

Taking a role in this emerging hotspot is exactly what Rosneft is looking for.

The agreement was signed at the 9th international forum ATOMEXPO 2017 in Moscow in June.

Tehran has signed a raft of agreements with the likes of Eni. Shell. Schlumberger. Lukoil. Wintershall and OMV to study and potentially develop its massive oil and gas deposits.

In recent years. several nations opposed to the dollar being the world'.s reserve currency have progressively sought to try and abandon it.

SOCAR specialists will provide detailed information about the implementation of current and further development projects as part of the technical session in Sumgait on November 30.

OPEC realized the importance of working with Russia two decades ago. but the Russians did not understand the importance of working with OPEC until lately.

Russia and China are growing their partnership and investment links as Moscow scrambles to find ways to fund oil and gas projects that are made difficult under Western sanctions.