MNA Chief Executive of the National Iranian Gas Company (NIGC) Hamid-Reza Araghi said that Irans gas export volume to Armenia will increase in the current year. Given the above issue, Iran and Armenia inked a barter gas and electricity contract in 2004, he said, adding, under the deal, it was stipulated that one million cubic meters of ...

Press TV - Iran says it is looking into a demand by Iraq to increase the exports of natural gas to the country. The announcement was made by Hamid-Reza Araqi, the managing director of the National Iranian Gas Company (NIGC). Araqi, however, did not specify any further details including the new figure demanded by the Iraqis. Nevertheless,...

SHANA - Iran has drawn up a lawsuit to file with the International Court of Arbitration against Turkmenistan for its last winters stoppage of gas supply to Iran, a deputy minister of petroleum said.   Hamid-Reza Araqi, who also heads National Iranian Gas Company, said: The price of gas, the damage they (Turkmens) inflicted on Iran last ...

Iran, holder of the worlds biggest natural gas reserves, says it will start exports to Iraq in the next month, more than a year later than it originally planned. Shipments will start at 7 million cubic meters a day to supply a power plant in Baghdad, Hamid Reza Araghi, director of the National Iranian Gas Co., said in an interview with the Iranian ...

  TEHRAN, June 5 (Shana) -- Managing-Director of the National Iranian Gas Company Hamid-Reza Araqi in a message released on Sunday urged NIGC staff and officials to protect environment and avoid polluting the nature. He made the remarks in a statement released on the occasion of World Environment Day. Development of gas supply to the ...

European countries and Irans neighbors are willingto buygas from Iran as more gas projects are coming online, the head of National Iranian Gas Company (NIGC) says. Europeans, neighbors and other countries are looking forward to receiving gas from Iran, Hamid-Reza Araqi said on Monday. He said Iran would see its gas production reach 1 billion ...

Oman says an ambitious project to import natural gas from Iran through sea has hit a snag due to a disagreement over the route of the pipeline. Omans Minister of Oil and Gas Mohammed Al Rumhy has been quoted by the Gulf Times as saying that Iran and Oman are yet to agree on the route of a 260km underwater pipeline for the project. The first part ...

TEHRAN March 7 (Shana) - Iran has no plans to lower the price of its natural gas supplies to Turkey, said the Executive Director of the Iranian National Gas Company, underlining Iran's secure supply of natural gas to Ankara in spite of claims by the Turkish side. Iran strongly denies Turkey's allegations about the insecure export of natural gas by ...

TEHRAN (FNA)- The Islamic Republic of Iran welcomes foreign investment offers in its gas sector, Deputy Oil Minister for Gas Affairs Hamid Reza Araqisaid. Addressing a conference held to discuss revision of Iran's oil contracts with foreign firms, the deputy minister named establishment of a new gas pipeline in South Pars Gas Field as one of the ...

[caption id="attachment_27590" align="alignright" width="180"] A view of Iran's South Pars Gas and Oil Field[/caption] Turkey will not receive discounts on Iranian gas despite complaints over lack of energy security, Iran's national gas company chairman says. Turkey's appeal for a discount on gas prices is "unacceptable," said Reza Araqi, Iran's ...

TEHRAN Jan 08 (Shana): Gas shortage is serious and in the event of falling gas pressure, NIGC has no other choice but to halt natural gas delivery to CNG stations. Speaking in a televised program last night, NIGCs managing director, Hamid Rerza Araqi, said the volume of gas consumption has gone up by 50 million cubic meters per day against corresponding ...

TEHRAN (FNA)- Managing-Director of the National Iranian Gas Company Hamid-Reza Araqi said that power plants are being run on liquid fuel due to a shortage in gas shortage supplies. Araqi said the switch to liquid fuel has produced 28 billion dollars in losses for the country. He said middle-distillate fuel consumption stood at 8.4 billion cubic ...