Tag Archives: International

The gas rally marks a dramatic turnaround for a market that tumbled to the lowest prices since the 1990s earlier this year amid a glut of supply.

According to Iran'.s Petroleum Ministry. Turkmenistan has finally agreed to continue its gas exports to the northern Iranian provinces.

Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.

Having 900 km of joint land border. Iran and Turkmenistan enjoy good ties that make them stand by each other in the critical conditions.

The official expounded that the recovery factor in the two joint fields is intended to climb from the current 5.5 or 6 to approximately 20 per cent.

A total of 8.5 kilometers of the 100-km railroad has been built which includes a rail bridge over Astarachai river.

The 13th Iran-Russia Joint Commission session started since Sunday and will end on Tuesday with conclusion of several cooperation documents.

Turkmenistan wants to receive gas price for Iranian years of 1386-87 the amount of 1.8 billion dollars - Iran made objection to.

Manouchehri estimated that the first tender to develop South Azadegan oil field will be invited in the first quarter of 2017.

According to Iran'.s Petroleum Ministry. Turkmenistan has finally agreed to continue its gas exports to the Northern Iranian provinces.