Gas

Total production from South Pars is currently around 630 mcm and is expected to near 700 mcm by March.

Egypt’s local market demand is still too low to absorb the current glut. and pipeline exports to Jordan are still very low.

Some 120 kilometers southeast of the southern Bushehr Province. Iran owns a gas field holding more than 57 tcf of gas in place.

West Oil and Gas Production Company (WOGPC) has planned to bring its natural gas output to 7 million cubic meters per day.

The last offshore platform of Phase 14 of the massive South Pars gas field has been installed.

The giant structure was carried to the South Pars field aboard Barge 124FLB in the weekend.

Measures had been taken to bring Iran’s natural gas production capacity to 1 billion cubic meters per day by next Iranian calendar year which begins on March 21.

French marine offshore and performance management company Opsealog announced its 2019 environmental impact results. having achieved a 10% reduction in gas emissions.

Cheaper natural gas prices this year are likely to cement Europe’s shift away from coal as a fuel for producing power.

Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.