Tag Archives: Iran

Iran seeks foreign investment to become a major source of global natural gas

The oil and gas markets of the world have recently been buoyed by the news of negotiations taking place to ease the economic and cultural embargo placed upon Iran by the US and her global partners. One of the main … Continue reading

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Iran Plans to Cut Import Dependency

National Iranian Gas Company’s Managing Director Javad Owji was quoted as saying that Iran, is planning to launch a new pipeline in a bid to reduce dependency on gas imports from Turkmenistan and boost supplies to its northern provinces.

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Gas prices to soar to $4 in April

Travel analysts predict that gas prices will soar to $4 this month. Eleven states already have an average of $4 gallon and four more states are likely to join them. There has been no significant change in the factors affecting … Continue reading

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Gas Price to Break 10 Year’s Record

According to the latest report, the gasoline price is below a dime away from last year’s High. However, the average price for a gallon of gas is $3.90 nationwide.

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Iran’s Cutting Down Exports Leads to Soaring Gas Prices

Gas and oil prices soared in US as Iran halted some crude exports. Investors predict that the energy demand will rise as Europe moves closer towards bailing out Greece. Analysts warned that oil speculation might also push prices higher along … Continue reading

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UK’s Dependence on Gas Imports Threatened

UK is totally dependent on Qatar for its gas supplies. This dependency may create havoc in the upcoming days for UK’s gas market. At present, Iran is threatening to block the strategic Strait of Hormuz waterway, which is essential for … Continue reading

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