Iran-Iraq gas export contract is currently a six-year deal. but it can be extended.
Read More »SOCAR Opens Offshore Oil Filling Season in Ukraine
The network operates 60 petrol stations in Ukraine. as well as two ``Baku-1`` oil bunkers in Kiev and ``Ganja`` in Odessa.
Read More »Oil could Breach $80 Due to Trump’s Iran Sanctions
Iran is one of the world’s largest oil producing countries.
Read More »Oil Tops $70 as Supply Optimism Overshadows Iran Deal
Ahead of official numbers. API data shows sizable declines in US crude inventories.
Read More »Cyprus Says Gas Dispute with Israel is in ‘No One’s Interest’
The Aphrodite discovery in Cyprus’ Block 12 was made in late 2011.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »India’s Oil Production Fell for the 6th Straight Year in 2017-2018
Domestic natural gas production in 2017-2018 grew by 2.35 % to 32.64 bcm as compared to the year ago period.
Read More »Bahrain Leads GCC with Non-Oil Growth of 5pc in 2017
Growth in Bahrain is being driven by a variety of strongly performing industries.
Read More »Turkish. Azeri Firms to Jointly Run TANAP
BOTAŞ and SOCAR will own 50 percent of the company each and are not considering a third partner as yet.
Read More »SOCAR Announces Exact Date of Launching TANAP
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
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