In the time since the nuclear deal. Iran has seen success in other business ventures.

Last week. Shell signed up to a G20 task-force working on a framework to improve the ability to assess and price climate-related risks.

South Pars is part of the world'.s largest gas field which is shared with neighboring Qatar.

Iran’s daily production of crude oil surpassed 3.9 million barrels last month.

Qatar is the world’s biggest producer of Liquefied Natural Gas (LNG). Qatar’s current production is up to 77 million tons per year.

ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.

The US has looked at boosting its LNG exports for years. since drilling advances vastly expanded its domestic supplies.

The project will capture CO2 from three onshore industrial facilities in eastern Norway.

A fifth trade source surveyed by Reuters said the price for the grade would remain unchanged from this month.

An estimated $2 billion in projects are underway to expand the natural gas network to 46 small towns and 5.000 villages by the end of the current fiscal year.