The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.
Read More »NIGC Denied Underselling Gas to Turkey
Iran signed a contract in 1996 to export up to 10 billion cubic meters of gas per year to Turkey over 25 years.
Read More »Portuguese Official Optimistic about EU-Iran Gas Deal
Iran'.s gross gas output stands at 285bn m3 yr.
Read More »Azerbaijan Europe’s Reliable Partner in Energy Supplies
The initial capacity of IGB will be 3 billion cubic meters of gas.
Read More »IEA: Global Oil Market Rebalancing Speeds Up
Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.
Read More »Glorious Presence of Foreign Firms in Iran Oil Show 2017
This year’s exhibition received exciting welcome from the European companies.
Read More »Philippines to Import 260.000 bpd of Oil from Iran
The MoU was signed on the sidelines of Iran Oil Show 2017 in Tehran last Monday.
Read More »Gazprom Export to Add Major New Gas Reserves. Eyes More Auctions
Gazprom exports met around 34 percent of European gas demand in 2016. a record high.
Read More »Turkish Stream Gas Pipeline Irritates but Gives New Opportunities to Bulgaria
The gas pipeline project is expected to be completed by 2020.
Read More »Iran. Philippines Ink MoU to Expand Oil Exploration Cooperation
The oil show is the biggest energy exhibition in the Middle East in terms of the number of participants and size.
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