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Oman is finalising details of the implementation of the 2013 memorandum of understanding (MoU) on gas imports from Iran, National Iranian Gas Company (NIGC) chief executive officer Hamidreza Araghi is reported as saying today by the official Fars News agency. He said an Omani trade delegation is in Tehran to complete the deal. Araghi said the MoU calls for Iran to export 10 billion to 20 billion cubic metres of gas to Oman over a 25-year period. ...
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Turkish Energy Minister Taner Yildiz said there were delays in planning on the Russian side in developments of the planned Turkish Stream gas pipeline. Yildiz told the state-backed Anadolu News Agency that Russian planners delayed delivering route coordinates for the pipeline through his country. « Turkey could not begin any construction without these coordinates, » he said. Russian energy company Gazprom said in February it surveyed the Turkish land route for the 110-mile section of pipeline from the Black ...
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Work on the Iran-Pakistan gas pipeline project is expected to begin in September, Pakistani Federal Petroleum Minister Shahid Khaqan Abbasi said. Abbasi said the project is planned for completion over the course of 30 months, Iran
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Canada’s provincial Northwest Territories government has been talking to pipeline companies about shipping crude oil through the
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From an economic standpoint, one of the most significant aspects of today’s US-Iran nuclear deal is that it could open up Iran’s vast crude oil reserves to the rest of the world. Once Europe and the US lift their sanctions, Iran will be able to ramp up crude production and exports, pushing down global oil prices even further. But here’s the catch: that won’t all happen immediately. It will likely take at least six months before we see any ...
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