Tag Archives: Russia

Russia’s state-controlled oil giant. Rosneft PJSC. is extracting concessions from crisis-ridden Venezuela to enter the offshore natural gas market on the cheap. a potential headache for the U.S. and Europe.

Iran’s budget counts on raking in around $30 billion from oil and gas condensate exports.

Earlier it was reported that the U.S. Administration plans to impose sanctions against Nord Stream 2 project.

Russia is currently discussing signing a memorandum with India on the Iran-Pakistan-India (IPI) gas pipeline project.

Iranian Energy Minister Reza Ardakanian said that Tehran and Moocow reached very good and effective agreements during intensive talks between the two countries'. ministers and traders in the past 3 days.

A senior Iranian petroleum ministry official announced on Tuesday that based on a new Memorandum of Understanding (MoU) between Tehran and Moscow. the two countries can use each others'. oil and gas industry equipment.

The first meeting of the energy working group was in Tehran. Iran. and the second one was in Saint Petersburg. Russia.

Tehran and Moscow signed a Memorandum of Understanding after the third meeting of the Iran-Russia Energy Working Group here in Tehran.

Russian Energy Minister Alexander Novak said that both Tehran and Moscow are resolute to further increase bilateral ties in all areas. particularly in economic fields where Washington has put its weight to isolate the Islamic Republic.

The United States has become the world’s fastest growing exporter of liquefied natural gas.