Gas

Total will operate the SP11 project with a 50.1 percent interest. while Iranian Petropars company will have a share of 19.9 percent and the Chinese CNPC 30 percent.

Based on the agreement signed on Wednesday. Sofregaz will cooperate with Iran'.s Samin Sazeh over the project.

The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.

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

The Iran-India gas pipeline for LNG imports will start at the Chabahar port in that country and terminate at Porbandar in Gujarat.

The projct takes two years to be implemented. and and it needs six months to be handed over to the Iranian experts.

Despite the halt both enterprises and households in the country continued getting gas from the Abovyan underground storage facilities.

South Pars gas field which is located in the Persian Gulf hosts the bulk of Iran’s natural gas reserves.

'.The mission of IGU is to advocate gas as an integral part of a sustainable global energy system. and to promote the political. technical and economic progress of the gas industry.

Iran reportedly delivers 30 mcm d of gas to Turkey in the northwest and 5 mcm d in the west.