The allocation of the $13-billion credit line by South Korea to Iran would open the way for Japanese and European banks to do the same with the country.
Read More »Azerbaijan’s Non-Oil Economy Grows
The volume of Azerbaijan’s GDP in the oil and gas sector decreased by 6.5 percent in January-May 2017.
Read More »Germany. Austria Tell U.S. Not to Interfere in EU Energy Sector
The Nord Stream 2 pipeline will have detrimental impacts on the European Union’s energy security.
Read More »Iran Petrochemical Producers Eye Russia Market
Iran produced 50.61 million tons of petrochemicals in fiscal year 2016-17 that ended in March.
Read More »Qatar Crisis to Speed Rise of Japan’s Spot LNG Trade
Thirty-nine countries imported LNG in 2016. up by four from the previous year. with 70 percent of world consumption in Asia.
Read More »Iran`s Deal with Russia Bypasses US Dollar Through Bartering
The biggest obstacle to Iran reintegrating into the global financial system is the remaining US sanctions.
Read More »BP: Global Gas Consumption Slows Down
EU gas consumption increased sharply by 30 bcm. or 7.1 percent - the fastest growth since 2010. Russia saw the largest drop in consumption of any country (-12 bcm).
Read More »BP`s Decision about Future Role in Southern Ahvaz Oilfield
BP said last week that it will announce the result of its evaluation of NISOC'.s customized model soon.
Read More »Qatar Crisis to Boost LNG Spot Trade
The U.S. is expected to ‘dethrone’ Qatar. the biggest global LNG exporter. with its 30 planned LNG terminals and with six more under construction.
Read More »Iranian Navy Sends 47th Fleet to High Seas
The Iranian Navy has been conducting anti-piracy patrols in the Gulf of Aden since November 2008.
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