Iraq Strengthens Energy Ties with Oman, Turkmenistan
Iraq is stepping up its regional energy strategy through new agreements and projects aimed at bolstering oil and gas exports and expanding domestic power generation.
Iraq is stepping up its regional energy strategy through new agreements and projects aimed at bolstering oil and gas exports and expanding domestic power generation.
Iran, Turkmenistan and Azerbaijan have signed a three-way agreement for natural gas transportation between the three countries. Shana news agency announced.
The board has put a strategy for Dragon Oil to increase production from 160,000 barrels per day currently to 300,000 b/d by 2026.
Tatneft company started to repair tubing pipes of its oil field in Turkmenistan in order to expand it oil field services.
Production in the joint field has a massive role in ensuring natural gas supplies to Iran.
The upstream investment arm of Dubai state-owned ENOC, Dragon Oil, plans to invest $500 million in oil and gas assets next year, chief executive Ali Rashid al-Jarwan said.