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  1. Iran Set To Be Net Gas Exporter, Analysts Doubt Double Output Claim

    ...uble.” Another Iranian analyst, Mehdi Varzi, president of Varzi Energy consultancy, comments: “The gas forecast looks too high. Gas production is increasing, but an increase of 20-30% by 2014 is more realistic.” The West is tightening the economic noose round Iran. Extensive sanctions stop Iranian ai...

    Volume: 54
    Issue: 28
    Published at Mon, 11 Jul 2011

  2. Azerbaijan’s Socar To Acquire Bigger Stake In Petkim Refinery Joint Venture

    ...at carries Azeri Light crude from the Caspian Sea for export. The refinery in Izmir Aliaga is expected to be supplied with Azeri crude shipped from the Ceyhan terminal. The new refinery is estimated to cost $4bn and come into operation in 2014. It will be located next to Petkim’s existing pe...

    Volume: 54
    Issue: 28
    Published at Mon, 11 Jul 2011