Gas

The field is divided into 24 standard phases of development in the first stage. Most of the phases are fully operational at the moment.

Many of the fastest growing markets in the Asian-Pacific region lack terminals and other infrastructure needed to increase their LNG imports.

LNG contract flexibility appears as an important determinant of the resiliency of the global gas system.

Total would wait to see the consequences of Trump’s decision.

Analysts see more likelihood of a shift in policy with regards to Gazprom'.s planned 38 Bcm year exports to China via the Power of Siberia pipeline.

Annual capacity of the gas pipeline will reach 33 billion cubic meters.

Top officials. including the prime minister and other cabinet members. would be involved in promoting particular projects to nations in the region.

Under the sanctions. Iran'.s oil output was slashed by nearly 40% as a handful of buyers shipped in about 1 million bpd of oil from the country under special waivers.

Iran prefers exporting liquefied natural gas (LNG) to distant markets including the EU. but no agreement has been reached so far for construction of the plants for the purpose.

The investment includes $5.8 billion for developing Farzad B and another $5 billion to build a facility to liquefy the gas and export it as liquefied natural gas (LNG).