Companies

The heads of BP and Total spoke at Adipec about the need to buck trends and invest in tough times.

Iran and the Group 5+1 reached the 159-page nuclear agreement in July 2015 and implemented it in January 2016.

It is expected to become the biggest power station in Bangladesh behind the 2.4GW Rooppur Nuclear Power Plant which is being built in Pabna District by a Russian firm.

Total said the portfolio includes all of Engie’s LNG trading and liquefaction assets.

Basra Gas is a joint venture between Shell. South Gas Co.. Mitsubishi Corp. and the petrochemical project Nebras.

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

Russian Energy Minister Alexander Novak had already said that Gazprom company intend to produce natural gas in Iran and then by constructing a pipe line for 1200 kilometers transfer the gas to India.

As with Yamal. natural gas will be exported via the Northern Sea Route.

Total is awaiting a US Congress decision on whether the Iran nuclear agreement is in line with the American interests. Pouyanne said last month.

According to Interfax'.s calculations. based on Gazprom’s data. the amount of the loss was $157.8 million.