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Iran is also awaiting European guarantees on the sale of Iranian oil and banking relations.

A network to transport the gas has already been established. allowing the newly discovered gas to be easily transferred.

The Nord Stream 2 is facing fierce opposition from the United States.

Over the next seven year the government plans to build another 11 terminals which would raise India’s LNG import capacity.

Both the Mexicans and the Americans have been eager to reach a fully revised deal by the end of August.

Russia would maintain its oil production on the level of July within OPEC+ deal.

Trump has threatened that anyone trading with Iran will not do business with America.

Bulgaria’s new hope to get a piece of Russia’s lucrative gas sales lies with Turk Stream.

OPEC and its partners agreed in late June to raise output by 1 million b d.

Washington openly opposes the construction of the Nord Stream-2 pipeline and is trying to block this project.