Tag Archives: Energy sector

Rosneft is subject to Western economic sanctions originally imposed after Russia’s annexation of Crimea.

The average rate of recovery from Iranian oilfields is expected to reach 40% from around 25%.

In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.

The U.S.'. latest law imposing new sanctions on Russia materially increases uncertainty in European gas markets.

One of the key achievements of 11th administration was signing a nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) that increased investment in oil. gas and renewables sector.

Iran is determined to broaden cooperation in renewable energy with Italy.

Albayrak said that Turkey would have three nuclear reactors by 2030 with the first to commence work in 2023.

Iran'.s gas export to Baghdad via Khanaqin pipeline began in late June this year. Iraq and Iran have signed two agreements to transfer gas to Baghdad and Basra.

Algeria'.s gas exports have increased to nearly 90 billion m3 year. of which 50 billion are carried via three pipelines to Europe.

At least nine Russian companies have voiced willingness to help Iran develop its oil and gas fields.