National Iranian Gas Company's (NIGC) spokespersons, Majid Bojarzadeh, said that Ankara had informed Tehran of a problem in the pipeline that carries Iranian gas to Turkey. This has resulted in a halt in gas supply.
Iran Oil Terminals Company's (IOTC) is in negotiation with a Dutch firm to renovate and develop Iran's oil terminals infrastructure in the Persian Gulf.
A consortium headed by ONGC Videsh Ltd (OVL) and Iran aim to strike a deal by March to develop the Iranian Farzad B gas field in the Farsi offshore block.
Iran planned to inaugurate Persian Gulf Star refinery soon. Iran's first gas condensate refinery which has received $1.74b to complete, with a capacity to produce 360,000b/d.