Tag Archives: Natural Gas

Iran needs major investments in its offshore oil and gas sectors.

The ships will be deployed to transport liquefied natural gas between local ports.

Sinopec said it'.s moving forward with 110 billion yuan in new spending this year.

It is expected that natural gas and water injection into oil fields rise by 50 and over 38 percent respectively.

Iran has been second-best to Qatar in gas production from South Pars.

The pilot production was carried out in the Shenhu Area of Northern South China Sea.

The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.

Iran'.s priority for gas exports to Europe was to proceed with LNG.

Background infrastructure costs for building a gas plant in Asia are often higher than the costs of building the gas plant itself.

Iran'.s gross gas output stands at 285bn m3 yr.