Tag Archives: International News Agency

An estimated 3.500 MW in new electricity production capacity will be added to the national power grid by the summer of next year.

Russia is looking to open new gas fields and selling to the international market.

Iraq plans to double its production from oilfields in Kirkuk to one million barrels per day.

Libya agreed its oil production would not exceed 1 mln bpd. and Libya said it would bring its output in line with the target next year.

Iran and Sri Lanka enjoy long-lasting experience in political. economic and diplomatic cooperation.

Under the current deal the producers are cutting supply by about 1.8 million barrels per day (bpd).

Eni Norge holds a 65-percent stake and acts as operator of the Goliat field.

Iraq has asked BP to help increase output from Kirkuk oilfield to more than 700.000 barrels per day.

Cold weather in Europe in late November and so far in December has seen demand for Russian gas surge again.

The agreement is to provide part of the country'.s power needs and boost supply stability in the region through renewable energy resources.