Gas

Novatek owns a 50.1% stake in Yamal LNG. France’s Total and China National Petroleum Corp each control 20%. while China’s Silk Road Fund owns 9.9%.

Turkmenistan has no access to open seas and its shipment of gas to international markets has to go through the neighbors.

The field holds an estimated 51 trillion cubic meters of gas and some 50 billion barrels of gas condensate.

Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.

Projections of LNG demand reveal growth of over 3%-5% per year until 2030.

The pipeline'.s length is 1.830 kilometers and its total capacity is 55 billion cubic meters a year.

Pakistan is already one of the fastest-growing LNG markets.

Iran and Armenia'.s power grids are linked by two electricity lines and a third is under construction.

Tehran and Baghdad signed a deal on the exports of natural gas from the giant South Pars Gas Field in 2013.

Iraq hired Japan’s Toyo Engineering to help build the project.