The cost of the project. announced in late 2014. was seen between $12 and $13 billion.
Read More »Turkmenistan Discovers Potentially Large Gas Field Near Caspian
The Ashgabat government is trying to diversify exports by discussing the Trans-Caspian link to Europe.
Read More »Iraq Oil Exports Decrease to 97.6m Barrels in April
In February Iraqi reserves increased to 153 billion barrels.
Read More »Qatar Asks Iran to Coordinate Gas Output in Joint Field
It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.
Read More »Lukoil Interested in Joining Iran Oil Sector
Lukoil is in talks with Iran'.s petroleum ministry and the National Iranian Oil Company (NIOC) for joining projects in the country.
Read More »MENA Markets Drop in Line with Oil Prices
MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.
Read More »RIPI Ready to Offer Services to E&P Firms in Oil Project
Given RIPI'.s long history in cooperation with international companies. it is capable of offering quality services with low costs to them.
Read More »$30b Needed for 2nd Phase of South Pars Development
Iran'.s oil production capacity has crossed 4 million barrels per day.
Read More »Amano to Deliver Speech on JCPOA
Amano is to deliver a 25-minute speech and expects to take questions from reporters.
Read More »Volkswagen Group Expedites Joint Extension of Gas Mobility
Volkswagen Group recognises its considerable social responsible with regard to the energy revolution.
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