Tag Archives: Development

In developing countries. roughly 45 million cubic meters of water are lost daily with an economic value of over $3 billion per year.

Pakistan will get $1.100 million ($1.1 billion) to help finance crude oil imports and LNG. mainly by Pakistan State Oil in coming days.

Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.

Russian Energy Minister Alexander Novak had already said that Gazprom company intend to produce natural gas in Iran and then by constructing a pipe line for 1200 kilometers transfer the gas to India.

As with Yamal. natural gas will be exported via the Northern Sea Route.

Iran has modified its petroleum contract model. ending a decades old buy-back system that barred foreign firms from booking reserves or taking equity stakes.

Ukrtransgaz runs not only Ukraine’s network of pipelines. but also spacious gas storage facilities.

North Drilling Company specializes in drilling oil and gas wells in the Persian Gulf. Caspian Sea. Turkmenistan and the Iranian provinces of Khuzestan. Ilam and Bushehr.

The massive size of the agreements is a very important data point for western oil and gas firms. which have been jockeying for a position in Iran’s high-potential petroleum sector.

Oil giant Rosneft has also planned to venture into LNG. and signed in May 2014 a preliminary deal with ExxonMobil to cooperate on the Far East LNG project.