The region lacks significant oil and gas infrastructure.
Read More »EU Welcomes EastMed Deal
Analysts suggest that the signing of the EastMed deal in practice cancels the Turkey-Libya MoU.
Read More »Roads Minister Vows to Add 1500km to Iran’s Rail Network
Iranian Minister of Roads and Urban Development said his ministry plans to add some 1500 kilometers of railroad to the country’s rail network by the end of the current administration’s term in office.
Read More »Iran`s LPG Exports up Thanks to Gas Network Expansion
Iran is currently exporting over half a million ton of LPG to China each month.
Read More »UK Security Chiefs Tell PM Huawei Can Be Allowed into 5G Networks
British security chiefs have given their consent to plans to allow Huawei to provide ``non-core`` parts for 5G infrastructure despite pressure from the United States. The Daily Mail reported.
Read More »Saudi Arabia on Its Way to Doubling Natural Gas Production by 2030
The new project will send gas via a 200-km pipeline to Russia and produce 6.2 million tons of LNG a year.
Read More »India Eyeing Central Asian Market through Iran’s Chabahar Port
India is determined to expedite the development of Chabahar port in Iran’s Southeastern province of Sistan and Baluchistan.
Read More »Knowledge-Based Firms Account for $11bn Worth of Iran`s Total Economy
Knowledge-based companies accounted for $11 billion of the country'.s total economic value.
Read More »Iran. Turkey Hold Session on Joint ICT Cooperation
Iran-Turkey’s first specialized committee on joint cooperation in the field of information and communications technology was held on Tuesday in Tehran.
Read More »National Gas Grid to Serve Southeastern Iran
A massive gas project worth $1.5 billion is underway in Southeastern Iran where the country’s oil ministry is conducting a major pipe laying operation to supply the deprived and remote regions bordering Pakistan with natural gas.
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