Tag Archives: National Iranian Gas Co. (NIGC)

Iran has paid compensation to Turkey as per International Court of Arbitration ruling in 2012 by providing free gas exports.

South Pars is being developed in 24 phases.

Turkmenistan has asked to receive what it said to be a 1.8-billion-dollar debt from Iran. a claim that is not accepted by the Iranian side.

In 2004. Iran and Armenia inked a barter contract in the field of gas and electricity for 20 years.

Iran produces more than 800 million cubic meters of gas per day.

Turkistan claims Iran owes it $1.5 to 1.8 billion from sales between 2007 and 2008.

The National Iranian Drilling Company has also been involved with the drilling of wells in Phase 14.

The first gas sweetening train of the refinery will come online by late March 2018.

Oil Show

South Pars is the world'.s largest gas reservoir in the Persian Gulf shared between Iran and Qatar.