Gas

Saudi companies were considering investments in joint gas projects with Russia. as well as for the production of ethanol. used in the liquefaction of natural gas.

Deputy Head of Niroo Research Institute (NRI) for Technology Affairs Seyyed Mohsen Marjanmehr said that €480 million worth of foreign currency will be saved in the country with modifying gas-operated turbines.

Industry insiders speculate that the Qatari state-run company will need an additional 60 LNG carriers for the project.

Iran’s natural gas reserve is the world’s second largest.

A huge gas reserve has been discovered in Iran’s Southern province of Fars. after a year of extensive exploration in the region.

Iran has made an important offshore gas discovery in its southern region. according to a report on Wednesday.

Qatar is expanding the North Field in its drive to boost gas output to 110 million tons per year by 2024 from about 77 million currently.

The course was held in the framework of cooperation between Iran and Iraq in the field of the petroleum industry.

Iranian Oil Minister Bijan Zangeneh proposed energy suppliers to try to increase the share of natural gas to 30 percent in the world energy mix by 2040.

Iranian Oil Minister Bijan Zangeneh at the Russian Energy Week panel. while stressing depoliticization of energy sector. proposed setting the goal of achieving 30% share of natural gas in the world energy mix by 2040.