With an extraction rate of 16%. Azar is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »Russia Accuses Europe of Meddling in Nord Stream Plans
Russia has accused the European Union of attempting to disrupt plans for the North Stream-2 gas pipeline.
Read More »Russian PM: New US Sanctions against Moscow will Derail Ties for Decades
Russia'.s Prime Minister is sure that the main aim of the anti-Russian US sanctions is to increse American LNG deliveries to Europe.
Read More »Paradise Papers Reveal U.S. Selling Russian LNG in Europe
Gazprom is showing no concern whatsoever about potential challengers of its market share in Europe.
Read More »Russia. Iran Agree to Begin Work Next Year on Controversial 1.200km Pipeline to India
The US had sought to persuade India to secure its future energy supply using an alternative TAPI pipeline.
Read More »Gazprom Signs Deal to Make Iran LNG Player
Gazprom is already a major player in the global natural gas liquefaction market.
Read More »IDRO.Gazprom Ink MoU on Energy
Russian Energy Minister Alexander Novak had already said that Gazprom company intend to produce natural gas in Iran and then by constructing a pipe line for 1200 kilometers transfer the gas to India.
Read More »India`s ONGC Seeking Oil Assets in Several Countries
Iran has modified its petroleum contract model. ending a decades old buy-back system that barred foreign firms from booking reserves or taking equity stakes.
Read More »EU Plans Rule Change to Snag Russian Pipeline
Five European energy firms are financing the 1.225 km (760 mile) pipeline to carry 55 billion cubic metres of gas per year.
Read More »Can Ukraine Combat Its Natural Gas Crisis?
Ukrtransgaz runs not only Ukraine’s network of pipelines. but also spacious gas storage facilities.
Read More »