Gas

Qatar exported 78.8 million mt of LNG in 2016. more than 30% of a total global supply of 257.8 million mt.

Iran had signed two basic agreements with Gazprom over the development of North Pars and Kish gas fields in addition to the Farzad projects.

Iran Gas Trunkline 6 (IGAT-6) is expected to become fully operational by October which will increase gas supply by 70-80 million cubic meters daily.

Gazprom is building new pipelines in Europe – Nord Stream-2 and Turkish Stream. but the Russian energy major is facing opposition on the continent.

Latest estimates show the field holds 1.53 billion barrels of mostly light crude oil in place.

The signed agreement is directed at promoting a long-term partnership between the two organizations to promote the development of promising projects and new opportunities in oil and gas.

The diplomatic dispute has stoked concern that any supply disruption could spill over into global gas markets.

More than 60% of Egypt'.s LNG imports in 2016 -- 4.61 million mt of a total 7.26 million mt -- were sourced from Qatar.

The Central Asia – Center gas pipeline system can potentially be used to deliver natural gas from Turkmenistan to the countries of Eastern Europe and the CIS.

SOCAR and BP signed a contract on the Shafag-Asiman block of fields for a period of 30 years in October 2010.