The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.
Read More »Oil Prices Rise on Iran Sanctions Worries
Trump will decide by May 12 whether to restore the sanctions. which would probably result in a reduction of Iranian oil exports.
Read More »Trump threat to Ditch Iran Deal Is Scaring off Oil Traders
Iran’s current exports are more than twice what they were before energy sanctions were eased in January 2016.
Read More »Gazprom is Ready to Build Nord Stream 3 Pipeline
Nord Stream 2 gas pipeline that would link Russia and Germany while bypassing other transit countries is being built under the Baltic Sea.
Read More »Russia is Ready to Provide Europe with as much Gas as It Needs
Russia has been implementing the Nord Stream 2 project. which intends to double the existing capacity of the Nord Stream pipeline from Russia to Germany.
Read More »Russia Eyes an Exit. while Saudi Arabia Set to Maintain Global Past
OPEC and its allies achieved a historic 149 per cent compliance in March.
Read More »Salehi: Iran Is Ready to Resume Nuclear Work If JCPOA Nixed
According to the agreement. Iran scaled back its nuclear activities in exchange for termination of economic and financial sanctions.
Read More »Libya`s Big Challenge. Fuel Smuggling
Between 30 and 40 percent of fuel refined in Libya or imported into the country is stolen or smuggled.
Read More »SOCAR Contributes to the Global Climate Change Efforts
SOCAR emissions from gas flaring stand at 0.3 million cubic meters per thousand barrels of oil equivalent per year.
Read More »Germany Seeks to Strengthen Position in Europe Due to Nord Stream 2
Ukraine is fiercely opposing the construction of Nord Stream 2.
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