Media

Iran has unique potential for turning into a major player in global oil and gas markets.

Gazprom exports met around 34 percent of European gas demand in 2016. a record high.

Methane is a greenhouse gas that traps 30 times as much heat in the atmosphere as CO2.

The project was financed by 25 banks from Asia. Australia. Europe. and North America.

The gas pipeline project is expected to be completed by 2020.

Russia said it supports a suggestion from Saudi Arabia that OPEC and its allies extend their oil output cuts into next year.

Malaysia relies on its only Fortune 500 company for nearly a third of its oil and gas-related revenue.

POGC also planned to develop Farzad A. Farzad B. Golshan and Ferdowsi oil fields in the near future.

Germany’s Siemens plans to resume providing power transformers to Iran.

Iran and Turkmenistan signed a gas contract in 1997 for a period of 25 years.