Tag Archives: Iranian News Agency

The company has performed more than 96.000 meters of drilling operations during the four-month period.

The general observation is that Russia has huge and promising projects to offer. and American companies have immense expertise and effective technologies.

Iran is heavily dependent on natural gas and oil to generate power and one of the most energy-intensive countries in the world .

A number of First Nations and environmental groups sued the federal government and Petronas unsuccessfully to try to stop the project.

Instead of making payments to Iran. India used the money for other activities such as making investments of its own.

Fuel prices in Iran are among the cheapest in the world even after the government cancelled offering oil products at subsidized prices in May 2015.

Over past years. Petroleum Ministry paid its main attention to develop oilfields in the Persian Gulf.

Last winter. Turkmenistan breached a deal with Iran by cutting gas supplies.

Tehran seeks to raise gas production capacity to 1 billion cubic meters per day by March 2018 on the back of bigger supplies from South Pars.

Iran is the largest electricity producer in the Middle East with an installed power generating capacity of around 76.000 MW.