Showy MoUs Have Grounded Iran LNG Project

Showy MoUs Have Grounded Iran LNG Project

The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.

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Which straits hold the key to the global oil market?

Which straits hold the key to the global oil market?

The fate of the world economy is tied to several narrow straits. These straits are the oil highways of the world through which millions of barrels of oil pass daily. From the Strait of Hormuz, the uncontested king of these vital vessels, to the Strait of Malacca, Bab al-Mandeb, the Suez Canal, and the Bosphorus, each in turn plays a key role in supplying the world with energy.
In-field well drilling project to prevent the drop in gas production in South Pars

In-field well drilling project to prevent the drop in gas production in South Pars

Maintaining the production from the joint gas field with Qatar brings multilateral benefits for the country, therefore drilling 35 infill wells in the joint field of South Pars has been on the agenda for a long time, a plan whose full implementation It will help to develop the gas industry, repair the gas imbalance, economic growth, etc.