Gas

Iran-Pakistan gas pipeline project (also called Peace pipeline) worth $7.5 billion has been discussed for years.

The Baltic Pipe. which is set to stretch 230 km. will transport gas to Poland from Norway via Denmark.

The Caspian region is one of the oldest oil-producing areas in the world and is an increasingly important source of global energy production.

Gazprom shipped 103.6 billion cu m natural gas to Europe between October 2016 and March 2017. an 18-percent annual increase.

Iran holds the world'.s second largest gas reserves after Russia. but currently consumes almost all the gas it produces.

More than 140 members of IGU are associations and corporations representing over 95% of the global gas market.

The project is expected to produce approximately 8.9 million tons of LNG and approximately 1.6 million tons of LPG per year.

The Russian energy minister noted that the issue of gas supplies to Ukraine might be raised within the talks.

South Pars. with about 30 trillion cubic meters of gas reserves. is jointly owned with Qatar.

The 8th Conference of Rotating Equipment in Oil and Power Industries