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It can be assumed that the remaining 500MW can be divided between potential market participants.

Gazprom shipped 103.6 billion cu m natural gas to Europe between October 2016 and March 2017. an 18-percent annual increase.

Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.

Iran holds the world'.s second largest gas reserves after Russia. but currently consumes almost all the gas it produces.

The conference. timed to the exhibition. will be attended by over 400 delegates from 30 countries.

The Azadegan field has oil-in-situ reserves of about 33.2 billion barrels and recoverable resources are estimated at about 5.2 billion barrels.

The Russian energy minister noted that the issue of gas supplies to Ukraine might be raised within the talks.

South Pars. with about 30 trillion cubic meters of gas reserves. is jointly owned with Qatar.

SOMO and Russia'.s Litasco have set up a joint trading company in Dubai to market crude.

An extraordinary metal is about to enter a super-cycle as demand is rapidly increasing and supply is vanishing.