Tag Archives: United States of America

Iran is keen to keep its single biggest oil customer—China—when U.S. sanctions on Iranian oil exports kick in later this year.

If the deal goes ahead. it is going to be just one step along the much longer journey for Saudi Arabia.

Turkey imports 10 billion cubic meters of gas from Iran.

The second round of embargo will be reimposed in early November with the aim of curtailing Iran'.s oil exports and shipping sectors.

Such decision was due to Washington'.s announcement that it would impose sanctions on enterprises making business with this Islamic republic.

EIA reported on Thursday that the country’s natural gas storage climbed by 33 billion cubic feet (Bcf) the week ended 10 August.

President Trump earlier this year announced the U.S. is re-imposing sanctions on Iran that will include Iranian oil sales.

The U.S. has become increasingly price competitive.

Iran and China. along with Russia and Turkey. are drawing closer due to the intertwined issues of geopolitics and energy.

The gas pipeline project is currently on the agenda of the talks between Russian President Vladimir Putin and German Chancellor Angela Merkel.