News


04
Aug 2016
GETTING GAS OUT OF IRAN - NEW TRADING PATTERNS

Iran’s gas plans for Caucasus Iran says it is preparing to triple gas exports to Armenia, start exports to Georgia and store its gas in Azerbaijan’s underground facilities. For now, Iran barters about 1mn m3/d of gas with Armenian power at 1 m3 per 3kWh. Iran said this week that the volume of the gas-to-power deal would reach 3mn m³/d by late 2018 at the improved rate of 1m3 per 3.2kWh. On the other hand, the managing director of the National Iranian Gas Company (NIGC) Ali Reza Kameli said August 1 that......

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Socar is running into problems concerning Desfa

Socar is running into problems concerning Desfa

Azerbaijan’s state energy company Socar is running into problems concerning its stake in Greece’s natural gas grid operator, Desfa, with the Greek parliament expected to vote imminently for a crucial change concerning the value...


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