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News
Iran starts developing gas field shared with Turkmenistan
The Iranian section of the gas field measures around 9 square kilometers in area. Iran has 18 oilfields, four gas fields, and six associated oil and gas fields shared with its neighboring countries. Iran attaches priority to boosting gas production capacity at its joint oilfields with Qatar and Saudi Arabia.
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Indian navy prepared to deploy to South China Sea to protect oil interests
The Indian navy is prepared to deploy vessels to the South China Sea to protect India's oil interests there, the navy chief said on Monday amid growing international fears over the potential for naval clashes in the disputed region.
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Azerbaijan seeing no alternative to gas supplies to Europe
According to RBK, the statement came from chief of the gas export department of SOCAR Kamal Abbasov.
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North Korea pushing ahead with new nuclear reactor, IAEA says
North Korea has made further progress in the construction of a new atomic reactor, the UN nuclear chief reported on Thursday, a facility that may extend the country’s capacity to produce material for nuclear bombs.
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Little Progress Seen in Iran Nuclear Inspections
The U.N. nuclear agency made no progress in a year-long push to find out if Iran worked on developing an atomic bomb, its chief said on Thursday, calling for urgent efforts to end Tehran’s standoff with the West.
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Azerbaijani gas could be transported to China through Kazakhstan
Tansportation of Azerbaijani gas to China through Kazakhstan was discussed by the heads of state companies of both companies, Director-General of KazTransQaz Serik Sultangaliyev told Kazakhstan Today.
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Iran plans to cut dependency on Turkmen gas imports
Iran has developed a plan to launch a new pipeline, aiming to boost gas supply to the Caspian Sea provinces and cut dependency on gas imports from Turkmenistan, the Mehr News Agency quoted National Iranian Gas Company’s Managing Director Javad Owji as saying.
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BP wants Russia's Nord Stream gas pipeline to reach UK
BP and Gazprom are reportedly in “early” talks about extending the Nord Stream pipeline which could pump Russian gas directly to the UK by 2016. BP’s Director for Russia David Peattie told the Daily Mail the deal could be signed in the middle of next year.
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