Tag Archives: Asia

Emirates National Oil Company has paid dues as part of its debts owed to Iran for pre-sanction oil and gas purchases.

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

Iran boosted its crude exports to South Korea by 104.5 percent in January. February and March.

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.

More than 140 members of IGU are associations and corporations representing over 95% of the global gas market.

The turbines are part of a project to make the island carbon free by 2030.

NIDC has held constructive talks with Italian firms to restart cooperation in oil and gas drilling projects.

The project is expected to produce approximately 8.9 million tons of LNG and approximately 1.6 million tons of LPG per year.

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