Over $9.5b Invested to Develop Gas Supply in 8 Years

Over the past eight years (the current government’s incumbency) some 400 trillion rials (about $9.523 billion) has been invested for the development of gas supply in Iran, IRNA reported on Saturday. As reported, the development of gas supply using the resources created through saving liquid fuel and also increasing the …

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U.S. and Germany Reach a Deal on Putin’s Pipeline Project

As the Russia-backed Nord Stream 2 natural-gas pipeline nears completion, likely by next month, the U.S. and Germany have struck a deal that would resolve their years-long dispute over the project, according to the Wall Street Journal. A draft proposal under consideration by Washington and Berlin, which was obtained by …

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Biden, Merkel Agree to Disagree on Nord Stream 2

President Biden and Chancellor Angela Merkel agreed to disagree on the Nord Stream 2 gas pipeline project of Gazprom during Merkel’s visit to Washington. Per a Reuters report, President Biden said, “Good friends can disagree,” with regard to the pipeline, which the United States opposes with the argument that Russia …

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