"During 2016-25, our upstream sector needs $176 b and the downstream sector needs $77 b of investment," said Ali Kardor, the deputy for investment affairs of the National Iranian Oil Company (NIOC)

President Abdel Fattah El Sisi met with his Cypriot counterpart, Nicos Anastasiades, while in New York, said Natural Gas Europe.

New York State has officially banned the use of hydraulic fracturing to extract natural gas, citing its potential impact on health and the environment.

Two bodies were found on Sunday at the site of a gas explosion that destroyed three New York City apartment buildings last week, injuring 22 people, and officials were working to determine if they were those of two men unaccounted for, police said.