Tag Archives: Minister

Nawaz Sharif'.s government is working to raise energy production by building plants to mitigate the sector'.s severe deficit. which causes long blackouts in many areas.

Iran holds the world’s second-largest natural gas reserves after Russia. according to US Energy Information Administration data.

In 2016. Russian gas exports to Hungary totaled 5.7 billion cubic metres.

Russia plans to host a meeting of some ministers from the Organization of Petroleum Exporting Countries and several non-members in St. Petersburg on July 24.

Top priority has been assigned to developing joint oil and gas fields because our neighbors are drawing from the underground resources at a rapid pace.

Oilfield services providers would be expected to invest in the fields in exchange for payment for every barrel of oil or Btu produced over an established baseline. the report added.

Iraq is the second-largest member of OPEC after Saudi Arabia.

In the time since the nuclear deal. Iran has seen success in other business ventures.

South Pars is part of the world'.s largest gas field which is shared with neighboring Qatar.

ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.