Gas

Over $9.5b Invested to Develop Gas Supply in 8 Years

Over the past eight years (the current government’s incumbency) some 400 trillion rials (about $9.523 billion) has been invested for the development of gas supply in Iran, IRNA reported on Saturday. As reported, the development of gas supply using the resources created through saving liquid fuel and also increasing the …

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U.S. and Germany Reach a Deal on Putin’s Pipeline Project

As the Russia-backed Nord Stream 2 natural-gas pipeline nears completion, likely by next month, the U.S. and Germany have struck a deal that would resolve their years-long dispute over the project, according to the Wall Street Journal. A draft proposal under consideration by Washington and Berlin, which was obtained by …

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99% Increase in Gas Extraction from South Pars Field

The gas extraction from the South Pars gas field reached 183 billion cubic meters in the last Iranian year (ended March 20, 2021), showing a 99 percent growth compared to around 92 billion cubic meters in 2013. The South Pars/North Dome field is the largest gas reservoir in the world, …

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