The US earlier this year threatened to impose fines on EU firms that invested in the pipeline.
Read More »Kharg Terminal`s Western Dock Set for Rehabilitation
Over 800 tankers and vessels of all sizes berthed at the terminal in the last fiscal. up from 540 in the previous year. or around 33%.
Read More »Venezuela: PDVSA Makes Payments on $233 Million debt
PVDSA'.s bonds represent 30 percent of Venezuela'.s external debt -- estimated to be around $150 billion.
Read More »Iran Calls for more Foreign Investment in Gas Sector
Iran. as the largest natural gas reserves holder in the world. has a high capacity for natural gas production and exports.
Read More »Russia Slams US. EU Sanctions on Oil Exporting Nations
Russia'.s oil minister told representatives of gas exporting nations that EU and U.S. sanctions against oil exporter'.s are ".unacceptable.".
Read More »Why Qatar Boycott could be a Boon for Asian Countries?
Qatar has had to compensate for its loss of port facilities. primarily in the UAE by diverting to Salalah in Oman and Singapore.
Read More »Uzbekistan Open to Invest in Iran`s Petrochemical Sector
Iran opened its energy market to foreign investment following the lifting of international sanctions in January 2016.
Read More »JCPOA Promotes Coop. on Peaceful Nuclear Energy
JCPOA reflects a culture of cooperation to ensure the peaceful use of nuclear energy.
Read More »Iran is looking for New EU Oil Clients
Iran’s biggest oil importer in Asia is China which is followed by India and South Korea and eventually Japan.
Read More »South Pars Exports over 4m Barrels of Oil in 8 Months
Iran has been ramping up crude oil production to win back its market share since sanctions were lifted in January 2016 under a nuclear accord with P5+1.
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