Reuters reported that Iran expects to finalise the wording for a new model for international oil contracts in the next three weeks, based on an announcement by Iran's Oil Minister Bijan Zanganeh.
According to Tansim News Agency, South Africa has formally announced its readiness to resume crude imports from Iran, once sanctions were fully lifted.
Trade Arabia reported that Oman's Musandam Power Company (MPC) has signed a long-term power purchase deal with Oman Power and Water Procurement Company and made a Natural Gas Sales Agreement with the Ministry of Oil ...
Sherif Ismail, Minister of Petroleum and Mineral Resources, said in a press release that Sinai Gas had completed the natural gas connection to the city of New Ismailia.
Qatar’s Foreign Minister Khalid Al Attiyah said on Tuesday that a “serious dialogue” with Iran was called for to solve several outlying challenges in the region, reported Gulf News.
An Iranian gas industry official says Iran will resume exporting gas to Turkey after a short disruption in the gas flow due to a suspected sabotage attack, which hit Iran-Turkey gas pipeline on Turkish soil.