Tag Archives: Asia

Iran is eligible and capable to absorb some $370-380 billions within the next decade.

Turkmenistan claims Iran has to pay $1.8 billion due payment for gas it received in 2007-2008. Iran denies the claim.

Iran currently produces 8 million tons of LPG per year.

The pipeline will connect the South Pars/North Dome Gas field shared by Iran and Qatar with the Iraqi city of Basra.

Iran’s European customers purchase a total of 700.000 barrels of Iranian oil per day.

The average of Turkey'.s imports reached 126.000 bpd from the beginning of 2016 until the end of Nov.

Iran is developing the giant South Pars field in 24 phases.

Iran will soon take legal action against Türkmengaz company for bringing gas exports to a halt.

The two countries also agreed on a 13.3 percent discount on the prices of gas delivered from the Islamic Republic to Turkey.

Iran’s position in the global ranking has climbed from 118th in 2014 to 96th place in 2016.