Gas

Europe is the only region with the decreasing outlook for natural gas production among all regions.

Iranian foreign ministry spokesman said Tehran and Islamabad are talks on how to commission the long-waited gas pipeline project that is due to take Iran'.s gas supplies to its energy hungry neighbor.

Chairman and CEO of ConocoPhillips spoke about his company’s hyper focus on returns highlighting that the returns the energy industry has generated have been negative over the last 10 to 15 years.

This is a signal of Aramco’s intent to become a global gas player and develop a broad LNG portfolio.

Iran holds the world’s second largest gas reserves after Russia and the clean fossil fuel is its single biggest source of energy.

This project will take Iran'.s gas supplies to its energy hungry neighbor.

The project is under construction in accordance with the approved schedule.

The Saudi Arabian national oil and gas company Saudi Aramco has decided not to buy a share in Novatek’s Arctic LNG-2 project.

Under the three-year agreement. the Saudi gas factory will manufacture and supply gas cylinders and tankers to GASCO.

Ural is the third of the new LK-60Ya class of nuclear-powered ice-breakers which are replacing the Arktika-class.