Tag Archives: European Union (EU)

Since 1996 Poland has been getting the vast majority of its gas from Gazprom.

Plans are in place to increase the number of liquefied petroleum gas carriers to help NIOC establish a foothold in the global market.

Germany is Iran’s largest trade partner in Europe.

Gas exports to Iraq have begun at a rate of 7 million cubic meters per day and will eventually increase to 18 mcm d in two years.

Russia and its state firm Gazprom cover one-third of Europe’s gas needs.

During the period of sanctions. oil production in the country was capped at about 2.7 million barrels a day. including 1 million barrels sent to export markets.

European foreign policy chief. Federica Mogherini. said she is confident the United States would stick to the 2015 Iran nuclear deal. because the agreement is working.

Turkey occupies a strategic location and acts as a bridge between Europe. the Middle East and Central Asia.

EU gas consumption increased sharply by 30 bcm. or 7.1 percent - the fastest growth since 2010. Russia saw the largest drop in consumption of any country (-12 bcm).

Carbon prices under the European Emissions Trading System have fallen to about 5 euros a ton from about 30 euros in 2008 because of a glut of permits.