Social and Events

Any investments would be favored by oil ministry.

Oil prices in January topped $71 per barrel but fell to $66 on Wednesday.

The OPEC cut has boosted prices. which topped $71 a barrel this year for the first time since late 2014.

BP and Statoil are already present in Algeria. working with Sonatrach at the Tiguentourine gas plant in the region of In Amenas.

Iranian manufacturers will provide the pipes for building the pipeline.

The joint commission meeting aims to discuss bilateral projects in economic. trade. commercial and cultural fields.

Kashagan is expected to contribute in oil production growth this year.

The U.S. oil giant closed the facilities to assess damage from a magnitude 7.5 earthquake early Monday morning.

Oil prices surged on Friday after the shutdown of a key oilfield in Libya.

China is Iran'.s biggest trade partner.