After receiving approval for the commercial viability of natural gas production from the Farsi block in Iran, the overseas arm of Oil and Natural Gas Corporation, OVL, has now submitted a feasibility report for the oil discovery it made in the block two years ago. For full story, click here
After receiving approval for the commercial viability of natural gas production from the Farsi block in Iran, the overseas arm of Oil and Natural Gas Corporation, OVL, has now submitted a feasibility report for the oil discovery it made in the block two years ago. For full story, click here
Malaysia is set to invest up to $14 billion in Iran’s energy sector, including development of two gas fields. For full story, click here
Iran builds up gasoline stocks as prices drop. For full story, click here
OVL, the overseas arm of the state-run ONGC, has received approval from National Iranian Oil Company (NIOC) on the feasibility report of its gas discovery in the Farsi block. For full story, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]
Iranian gas export officials said that they have plans to develop a natural gas pipeline to Europe set to go online within the next s6 years. National Iranian Gas Export Co. Director Reza Kasaizadeh said: Persian Pipeline will be operational by 2014. The pipeline will run through Turkey and on to European markets. We have [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market News: It seems as if natural gas futures have hit a band of support in the $7.25-$7.50 range, which is good news for investors as winter approaches. Structural factors suggest that natural gas will become dearer in winter, especially if the current low prices have [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news A mild rebound for hard-hit natural gas futures has developed over the past few days. Like the Dow Jones, oil prices and the Asian market indices, natural gas futures are also in a state of flux. The instability is fairly easy to source: investors [...]
Iran has raised its natural gas exports to Turkey after the Russia-Georgia conflict disrupted supplies from Azerbaijan. For more information, click here
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