Social and Events

Connecting Jask island to Sowigh led to shipment of the first no-oil consignment to Oman.

Washington had been pushing governments to cut imports of Iranian oil to zero.

Iran has the capacity to export between nine million tons to 10 million tons of steel by March 2019 .

EAEU and Iran signed a temporary agreement on free trade zone.

Qatar has an oil output of 600.000 barrels of oil per day. compared to Saudi Arabia’s 11 million bpd output.

The measure. which was spearheaded by Russia. will come into effect on January 1.

Under the agreement Turkmenistan will make an investment of around $24 billion to deliver around 3.2 bcfd of gas for 25 years.

Alexander Novak will hold separate bilateral meetings with the oil ministers of Saudi Arabia and Iran.

OPEC delegates have said the group and its allies could cut by 1 million bpd if Russia contributed 150.000 bpd of that reduction.

The fiscal deficit continues to narrow in Saudi Arabia.