Tag Archives: Caspian Sea States

Turkmenistan had threatened to stop gas exports because of arrears in payments.

JCPOA was signed in July 2015 between Tehran on the one hand and the US. the UK. France. Russia. China and Germany. on the other.

Pakistan demands Iran to decrease the gas price as well.

The highest price for Brent was $55.89 per barrel and the lowest price was $54.83 during the reporting period.

Insulation of the pipe connections. trenching. laying and backfilling of the pipes are underway.

Iran has imported natural gas from Turkmenistan since 1997 for distribution in the north of the country.

SOCAR produced 6.27 billion cubic meters of gas from the country’s offshore and onshore fields using its own funds in 2016.

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

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

Iran was the first and largest manufacturer of MDI in the Middle East.