Tag Archives: Gas Supply

Global demand for natural gas is set to keep growing over the next five years. driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.

Every year the oil ministry sets some tasks and goals for its subsidiary companies to fulfill by the end of the fiscal year.

Iran holds the world’s second largest gas reserves after Russia and the clean fossil fuel is its single biggest source of energy.

The LNG imports will help reduce gas prices.

Recent estimates from companies exploring the area suggest that the shale gas resources could be even larger than first thought.

The EU has long worked to diversify its supply by developing LNG infrastructure.

Wood Mackenzie forecasts 15 billion m3 yr of shale gas production by 2020.

The recent flash floods across the country had mostly hit oil-rich provinces such as Khuzestan.

Gazprom is ready to enter negotiations for making a new contract on direct delivery of the Russian gas to the Ukrainian market.

Russia has held a decades old gas supply monopoly. dating back to the end of World War II. in Europe.