News

« The Belgian side can bring FLNG vessels to Kharg so that Iran can produce LNG there for the first time provided both sides show flexibility and the technical and economic negotiations bear fruit in not a long period, » Oil Minister Bijan Namdar Zanganeh said Monday after meeting with visiting Belgian Secretary of State for Foreign Trade Pieter de Crem, reported state owned Shana News. With sanctions of Iran expected to be lifted soon, Tehran is looking to emerge as ...

Italy

A disagreement between Israel and Cyprus over development of the Aphrodite gas reservoir is delaying the signing of a unitization agreement between the countries, designed to arrange the development of oil and natural gas reservoirs shared by the two countries and other cooperative energy efforts. Sources inform « Globes » that Minister of National Infrastructure, Energy, and Water Resources Yuval Steinitz, who was invited to Cyprus to discuss the promotion of joint projects for building a shared pipeline for exporting natural gas ...