Gas transit via the Yamal-Europe pipeline from Russia through Belarus and Poland to Germany has been brought down to zero on Tuesday. According to the results of the previous auction, the Polish section of the pipe was booked only by 3.7% on Tuesday. This is according to the data of …
Read More »Russia Loses Its Chance to Capture the EU Gas Market
While the whole world was shocked by negative West Texas Intermediate (WTI) oil prices due to the shortage of demand during the Covid-19 lockdown, the gas market hasn’t seen any dramatic changes. According to Rystad Energy, gas use for industrial consumption is set to decline five per cent, for commercial …
Read More »Oil, Gas Projects under Way despite Sanctions
The United States cannot bring our nation to its knees because of the plans that we will implement in 1399, after two years and a few months of severe sanctions.
Read More »Offshore Section of South Pars Development Complete by 2021
Completion of the South Pars Offshore Section as well as 17 phases of the massive gas field by the end of President Rouhani’s second term in office to 2021.
Read More »Iran Starts Installation of Phase 11 Jacket
Iran’s Petropars Company has officially started operations to install the jacket of South Pars Phase 11 platform in the Persian Gulf.
Read More »Iran Installs Jacket in South Pars in Total’s Absence
The installation of the first jacket of Phase 11 of South Pars Gas Field started in the Persian Gulf at the order of President Hassan Rouhani to drill 12 wells. President Rouhani said in the videoconference to inaugurate the project that the job is being done in coronavirus time and …
Read More »Russia’s Yamal LNG Sends Early Shipment via Arctic Route
Russia’s biggest liquefied natural gas producer is sending the fuel across the Arctic to China more than a month earlier than usual as the ice that typically blocks the route thaws. The Christophe de Margerie, an ice-class vessel serving Novatek PJSC’s-led Yamal LNG project, departed from the production plant in …
Read More »China to Favor LNG over Piped Gas Imports
China is likely to favor liquefied natural gas (LNG) imports over pipeline gas supply until 2027, Fitch Solutions said on Monday. The super-chilled fuel will continue to be dominant over piped gas imports because of rampant expansion of domestic LNG import capacity. In addition, it will take the Power of …
Read More »Fajr Jam Refinery Launches Solar Power Plant
Fajr Jam Gas Refining Company has officially opened a solar power plant in its facility.
Read More »Germany Denies Nord Stream 2 Pipeline Waiver of EU Rules
Germany’s energy regulator on Friday (15 May) declined to grant a waiver of European Union gas directives to the operators of the Nord Stream 2 pipeline, dealing a fresh blow to the project to carry gas from Russia to Germany under the Baltic Sea. Nord Stream 2, designed by Russia’s …
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