Tag Archives: Minister

Farzad B was discovered by OVL in the Farsi block about 10 years ago.

Iran has plans to process 72 million tons of petrochemicals by the end of the current year.

Boeing 737 MAX planes - that would enter service in the second half of 2017 – have a passenger capacity of 130 people and are specifically adequate for domestic and regional flights.

The country’s electricity industry ranks 14th in the world and first in the Middle East in terms of electricity generation.

The UK faces an uncertain period in which its capacity to negotiate with the EU looks very weak.

Iran had signed two basic agreements with Gazprom over the development of North Pars and Kish gas fields in addition to the Farzad projects.

Russian companies are considering possibility of Iran-Pakistan-India offshore gas pipeline construction.

Nord Stream 2 is a project for the construction of a gas pipeline capable of carrying 55 billion cubic meters per year from Russia to Germany through the Baltic Sea.

Russia and Saudi Arabia may potentially invest billions of dollars into implementation of joint oil projects.

The signed agreement is directed at promoting a long-term partnership between the two organizations to promote the development of promising projects and new opportunities in oil and gas.