Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Iran Starts Gas Production at South Pars 14
South Pars Phase 14 development project is being implemented by the employer POGC with the goal of producing 56.5 million cubic meters of sour gas per day and 75.000 b d of gas condensate.
Read More »Turkish. Azeri Firms to Jointly Run TANAP
BOTAŞ and SOCAR will own 50 percent of the company each and are not considering a third partner as yet.
Read More »Iran is Ready for Pakistan-Turkmenistan Gas Swap Project
The TAPI pipeline involves Turkmenistan. Afghanistan. Pakistan and India and was first proposed three decades ago.
Read More »Cyprus-Egypt Gas Deal Expected Soon
Egypt is moving towards self-sufficiency in gas and becoming the Middle East’s energy hub.
Read More »JCPOA Effective for Iran As Long As International Relations Persist
Iran'.s oil and gas condensate exports rose by 1.018 million barrels a day to 2.418.000 barrels per day after implementation of the deal.
Read More »Iraq Could Overtake Turkey by Importing More Iranian Gas
Basra. Iraq'.s second largest city. needs Iranian gas to feed its power plant.
Read More »Iran Says Oil Exports to India Are Not Dropping
Iran’s total export of crude oil and gas condensate is now more than 2.5 million barrels a day.
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 »Kuwait Energy Starts Producing Natural Gas from Field in Southern Iraq
Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.
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