Gas

Germany’s Merkel Stands by Backing for Russia Gas Pipeline

German Chancellor Angela Merkel on Friday stood by her backing for a German-Russian gas pipeline project despite the Navalny case and the threat of U.S. sanctions Merkel said her government’s position on Nord Stream 2 is still unaffected by tensions over Russian opposition leader Alexei Navalny who recovered in Germany …

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Iran’s Gas Refining Capacity up 28-Fold in 24 Years

Iran’s daily gas refining capacity stood at 36 million cubic meters before the victory of the Islamic Revolution, which experienced a 28-fold increase within 42 years. As the Iranian Oil Minister Bijan Namdar Zangeneh mentioned, the gas industry developed after the victory of the Islamic Revolution; so, the daily gas …

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South Pars Phase 22-24 LPG Storage Tanks Go Operational

Two liquefied petroleum gas (LPG) storage tanks of phase 22-24 of Iran’s South Pars gas field have gone operational and ready to store 80,000 cubic meters of gas, the head of Iran’s Pars Oil and Gas Company (POGC) announced on Saturday. According to Mohammad Meshkinfam a total of four storage …

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Russian LNG Production Sees Modest Jump in 2020

Russia’s liquefied natural gas production rose by 3.5 percent last year to a total 30.5 million tons, according to data from Rosstat, the country’s official statistics agency. In December alone, Russian producers turned out 2.85 million tons, which was up 1.4 percent on the year and 5.8 percent on November, …

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South Pars Gas Output Offshore Iran Steady

Pars Oil and Gas Co. has refuted a report of a pressure drop impacting gas production from the South Pars field in the Persian Gulf. CEO Mohammad Meshkinfam told news service Shana that gas extraction had in fact increased by 65 MMcm since the start of the current Iranian calendar …

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Gazprom Cut Gas Supply to Europe amid Rising Prices

Soaring natural gas prices in European markets could be seen as a boon for Russian giant Gazprom to increase its gas exports towards the Old Continent. But instead, somewhat surprising, Gazprom is adopting the exact opposite strategy, drastically reducing its physical deliveries of natural gas to the EU. Since the …

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