Berlin is determined to broaden and bolster economic relations with Tehran.

Among the important peculiarities of Eurasia zone is the presence of energy resources that can be used in the best manner.

KoGas currently has offtake contracts with a number of LNG producers that are mostly located in the Asia Pacific and the Middle East.

In 2013. Vankorneft was chosen as an operator on development of new fields of Vankor Cluster located close to the Vankor field.

Analysts say oil production in the region - apart from Prirazlomnoye - is years away and may start only in the mid-2020s.

A fire that ravaged part of the Isfahan Oil Refinery on Monday was doused within an hour without major casualties.

Gas exports to Iraq have begun at a rate of 7 million cubic meters per day and will eventually increase to 18 mcm d in two years.

The modified strain ended up being about 40 percent oil. compared to the 10 or 15 percent that would otherwise have been yielded in the same environment.

Hydro power constitutes almost 15%. or about 12.000 MW of Iran’s total installed power generation capacity of 76.000 MW.

Of the three major stages of the upstream business. exploration is the least vulnerable to cyber attacks.