Tag Archives: Asia

The National Iranian Gas Company (NIGC) said that the gas case between NIGC and Türkmengaz Company was still being considered in the International Court of Arbitration.

Iran has won the first phase of the legal proceeding at the International Court of Arbitration (ICA) over the quality and price of gas it received from Turkmenistan in 2007. an informed source said.

Next year. nations will gather for the first post-Paris negotiations. where they are expected to build on their initial pledges.

The 400MW project will also be the largest project of its kind in the Middle East.

Over the past two years. Iran provided credible evidence to the court which proved that Turkmenistan was not allowed to cut off gas supplies. thus it has to pay compensations to Iran.

Iran and Iraq are bound together by centuries of economic. religious and political ties.

China'.s crude oil imports from Iran sank almost 60% in June from a year earlier.

Iraq is also planning to rehabilitate a pipeline via Turkey.

For Russia. the ongoing OPEC+ production cap deal allows it a lot more flexibility that it allows Saudi Arabia.

Secretary of the Expediency Council (EC) Mohsen Rezaei during the visit of the Chinese ruling party’s Minister of Foreign Affairs emphasized on the historical record of the relations between the two civilizations of Iran and China.