Gas

Iran has been second-best to Qatar in gas production from South Pars.

The pilot production was carried out in the Shenhu Area of Northern South China Sea.

The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.

Iran signed a contract in 1996 to export up to 10 billion cubic meters of gas per year to Turkey over 25 years.

Iran'.s priority for gas exports to Europe was to proceed with LNG.

Caspian Oil &. Gas 2017

The extraction capacities of Gazprom will allow to cover all the additional demand this year.

KE should seek approvals from the National Electric Power Regulatory Authority and others to make use of water that drained into the sea.

Like its competitors across the upstream sector. PTT has been cutting the costs of production.

This is one of six natural gas supply agreements worth a combined $5 billion.