President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev announced his country's preparedness to start export of natural gas supplies to neighboring Iran.He said there was a gas deal between the two countries, but Azerbaijan has not started gas export yet. "Azerbaijan is ready to export gas when Iranian side requests." Azerbaijan exports 400 million cubic meters of natural gas to Iran per year to meet gas needs of Nakhichevan Autonomous Republic of Azerbaijan. Iran itself is an exporter of natural gas, but it imports supplies from the Central Asian State of Turkmenistan for its northern regions which are far away from the national grid and taking gas to which would be costlier than importing supplies from Iran's northern neighbors. Iran exports gas to several countries, including Turkey, and is building a high-profile pipeline to supply gas to Pakistan. The pipeline will start operation in early 2014.
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:22 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:00 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:28 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor