Tag Archives: International News Agency

SOCAR produced 3.71 million tons of oil from Azerbaijan’s offshore and onshore fields in January-June 2017. as compared to 3.78 million tons in the same period of 2016.

The share of renewables in Iran’s energy mix is around 240 MW. or just around 0.3% of total installed power generation capacity of 76.000 MW.

Iran produces around 880 million cubic meters of gas a day. two-thirds of which come from South Pars.

Natural gas consumption will rise to 620 billion cubic meters in 2030. said CNPC. up from 510 billion in last year'.s report.

The long life of the solar park means it is designed to withstand high temperatures. salinity and humidity. which lead to the aging of the facilities in the water.

The state-run airline has received seven of its ordered planes so far. including three Airbus and four ATR. The delivery of the rest hinges on provision of financing for the purchases.

LUKOIL owns a 10-percent stake in the consortium for the development of the giant Shah Deniz gas field in Azerbaijan.

The London-based company has completed 5 of its 7 planned new projects for the year.

The natural gas extracted from the drilling will be equal to 1.5 times the 50 billion cubic metres of gas Turkey imports annually.

The steps come as China ramps up its exploration efforts as crude oil production from ageing wells drops.