Gas

Russia is expecting the Nord Stream 2 pipeline to be completed very soon in spite of the obstacles.

A senior Iranian official in petroleum refining affairs said converting petro guzzlers into CNG-run vehicles could generate 1.8 billion dollars in revenues for Iran annually.

The Nord Stream 2 pipeline was initially slated for completion in early 2020 with a view to being operational in mid-2020.

This year. most of the fragments have been built inside the country and they have also been tested within the network.

The total gas pumped into cars across the country had decreased to 75.5 million liters a day on average in the month ending December 21. 2019.

According to Novak. the number of countries consuming LNG has doubled.

A senior Iranian official in petroleum refining affairs said converting petro guzzlers into CNG-run vehicles could generate 1.8 billion dollars in revenues for Iran annually.

The remaining platforms of phases 13. 14 and 22-24 of the giant offshore South Pars gas field are set to become operational by the end of the current calendar year.

A massive gas project worth $1.5 billion is underway in Southeastern Iran where the country’s oil ministry is conducting a major pipe laying operation to supply the deprived and remote regions bordering Pakistan with natural gas.

Europe is Russia'.s main customer for natural gas and critics fear the pipeline.