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Iran investing over $1.5bn on gas network in deprived region
Dec 22, 2019 17:36Iran’s Oil Ministry is investing more than $1.5 billion on completing the national gas grid in the deprived and remote regions bordering Pakistan.
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How technology is aiding the oil, gas industry
Dec 17, 2019 20:21The oil and gas industry is adopting technology at a faster pace with a view to improving its efficiency and remaining relevant in the dynamic digital environment. These companies are revamping their operations, which helps them remain competitive in the modern-day playing field. Technology has helped turn the fortunes of many companies around.
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Iran: An LNG superpower in the making
Nov 12, 2019 16:34Given Iran’s huge natural gas reserves, its new-found rapprochement with fellow gas supergiant Qatar, and Russia’s strategy to expedite the ‘Gas OPEC’ global supply and pricing cartel, Tehran’s plans to re-energize a long-stalled plan to establish dominance in the global liquefied natural gas market (LNG) makes perfect sense.
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Iran releases more details about newly discovered gas field
Oct 14, 2019 06:22Iran’s Oil Ministry has updated information about a new gas field discovered south of the country, saying the reservoir holds some 19 trillion cubic feet (around 540 billion cubic meters) of natural gas.
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Gas dispute: Tribunal backs Iran’s case against Turkmenistan
Jul 30, 2019 12:54Iran has won the first phase of the legal proceeding at the International Court of Arbitration (ICA) over the quality and price of gas it received from Turkmenistan in 2007.
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Iran's supplies to Iraq pushed gas exports up 64%
Dec 12, 2017 14:19Iran's natural gas export has seen a huge rise over a period of five months starting 21 March 2017 a result of rising supplies to its western neighbor Iraq.
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Gas exporters blast US use of sanctions as weapon
Nov 25, 2017 15:26Gas exporting countries have condemned the use of sanctions as a weapon against other nations, in an apparent jab at the United States.
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Iran expected to ship first LNG in late 2018
Nov 19, 2017 12:50Only weeks after the world heard news of a revival in Iran’s ambitious plans to get a foothold in the global market of liquefied natural gas (LNG), speculations are now emerging that the country’s first consignments of the strategic fuel could flow to markets in 12 months’ time.
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Iran signs deal over ‘unique’ floating LNG scheme
Oct 27, 2017 18:58Iran has finalized a contract which could provide it with a crucial access to global markets of liquefied natural gas (LNG) it had been denied for years as a result of US sanctions.
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Iran, India seem to be parting ways on Farzad B
Sep 05, 2017 12:41Ministry of Petroleum of the Islamic Republic of Iran says it has started preliminary talks with Russians to develop Farzad B but negotiations also continue with the Indians who have long coveted the giant gas field.