Gas

The discovery of a huge natural gas deposit in Egyptian waters has boosted hopes of other such finds in the eastern Mediterranean.

The work on IP project could not be initiated due to international sanctions on Iran.

The Presidents of Russia and Iran will meet at the end of March in Moscow.

Phase 19 is one of the few South Pars phases designed with advanced equipment for curbing associated petroleum gases that are burned off in flares.

The NIOC has published a list of foreign companies declared as eligible for bidding in tenders.

Production of natural gas in South Pars in a shared field with Qatar will amount to 600 million cubic meters per day.

Euro-4 gasoline supplies will cover the whole country by 2020.

Iran is planning to connect its strategic port Chabahar with IGAT- 7.

The refinery is one of the 14 plants in Asalouyeh processing natural gas drawn from the giant South Pars field in the Persian Gulf.

The gas compressors cost more than $420 million and will help IGAT-8 to go on stream by the end of the current fiscal that ends on March 20.