Gas

The Khazzan tight gas reserves lie at depths of up to five kilometres in narrow bands of extremely hard. dense rock.

Iraq and Turkey remain to be main importers of Iranian natural gas and Tehran is eying to increase its gas exports to its western neighbors.

The first 44.000 mt evenly split propane butane parcel was delivered in October 2016.

Gazprom is showing no concern whatsoever about potential challengers of its market share in Europe.

The Persian Gulf nation aims to raise output to over 1 billion cubic meters by March from around 880 million cubic meters daily.

The US had sought to persuade India to secure its future energy supply using an alternative TAPI pipeline.

Iraq is Iran'.s southwestern neighbor. and its port city of Basra is located in southeast of the country at northern edge of the Persian Gulf.

Pakistan will get $1.100 million ($1.1 billion) to help finance crude oil imports and LNG. mainly by Pakistan State Oil in coming days.

Iran'.s gas production capacity has reached 885 million cubic meters per day.

TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey.