A study by Iran’s parliament’s research center shows that Iranian oil and gas sector will grow by 19.5% in the calendar year to late March.
Iraq’s Ministry of Electricity has expressed willingness for increasing natural gas imports from Iran, IRNA reported on Sunday quoting the ministry spokesperson Ahmed Mousa as saying.
The United States granted Iraq a 120-day extension to a sanctions waiver allowing the Arab country to import energy from neighboring Iran.
Iran produced 267 billion cubic meters of natural gas in 2019, making the country the world’s third-largest producer after the US and Russia despite the most draconian sanctions imposed on the country.
The National Iranian Gas Company is ready to renew its gas export contract with Iraq.
A nominee to take over the role of Iran’s oil minister in a new administrative government led by President Ebrahim Raeisi says he’ll push for increased natural gas output beyond the current enviable record of nearly 1 billion cubic meters (3.5 billion cubic feet) per day.
Iran has started negotiations with Turkey to extend the existing gas deal for another period, deputy petroleum minister for international and commercial affairs announced on Monday.
National Iranian Gas Company (NIGC) says the country has a plan in place for launching gas exports to neighboring Afghanistan. Gas exports to Afghanistan would be commissioned to private contractors.
Iran’s Oil Minister Bijan Namdar Zanganeh says Turkey would continue to need gas imports from countries like Iran despite the recent discovery of a gas field which Ankara has publicized as a major step toward energy independence.
The National Iranian Gas Company (NIGC) says its exports of natural gas surged by more than a quarter in the calendar year ending March 2020.