Tag Archives: Middle East

OPEC member countries discussed the issue of cutting oil production at the session on July 1.

A senior Iranian official in charge of construction of roads and urban development. said on Monday that Iran is ready to work with Iraqi partner to build a railway from the southwestern city of Shalamcheh to Basra. Iraq.

The Marmara LNG terminal is owned by BOTAS. the Turkish state-owned integrated gas company.

Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.

Rates for transporting 2 million barrel cargoes from Saudi Arabia to China has jumped to almost $26.000 a day.

Iranian Foreign Minister Mohammad Javad Zarif. in a meeting with his Turkish counterpart Mevlut Cavusoglu in the central city of Isfahan. said that his country is ready to significantly increase the volume of trade with Turkey.

The deal will involve the development of two oil fields in southern Iraq.

The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.

The crisis in the eastern Mediterranean also affected the EU enlargement plans.

Iranian officials. diplomats and traders are consulting with their Iraqi counterparts to further ease commercial and economic interactions between the two neighboring countries. said Ahmad Siahpush. the Consul General of the Islamic Republic in Basra.