Tag Archives: Gazprom

Iran and Russia signed several agreements to promote cooperation over energy issues during President Putin’s visit.

The Turkish Stream project envisages building a gas pipeline along the seabed of the Black Sea to the European part of Turkey and farther on to the border with Greece.

According to Interfax'.s calculations. based on Gazprom’s data. the amount of the loss was $157.8 million.

The massive size of the agreements is a very important data point for western oil and gas firms. which have been jockeying for a position in Iran’s high-potential petroleum sector.

Oil giant Rosneft has also planned to venture into LNG. and signed in May 2014 a preliminary deal with ExxonMobil to cooperate on the Far East LNG project.

The project. which has a minimum life expectancy of 50 years. has already had one of its EIA reports while other studies on its environmental and safety impacts still continue.

The parties will begin work on the project next year. after they will have signed all the legal paperwork later this year. according Novak.

The latest set of restrictions is being imposed over the conflict in Ukraine.

Naftogaz continues to ensure secure transmission of gas volumes expected by European customers despite the pressure deficiencies on the Russian side.

Azar. with an extraction rate of 16%. is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.