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Iran, Iraq, Syria sign $10B gas pipeline deal

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Iran, Iraq, and Syria have signed a deal for the construction of the Middle East’s largest gas pipeline, which would carry gas from Iran’s South Pars gas field to Europe via Iraq, Syria, and Lebanon and beneath the Mediterranean Sea. Construction should take 3–5 years once funding is secured, Ouji said.

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Brazil Ready to Cooperate With Iran on Sugarcane Ethanol, Other Technology

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Hedayat said that IDRO is now working on projects for utilizing plant fuel, and added, “The existence of vast cane farms in southern (Iran), fuel, engine and vehicle research centers and auto-making companies indicates that the organization enjoys the required capability for research, production and supply of plant fuel.”.

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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

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Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 Nigerian production hit 30-year lows in May as militancy continued in the country’s oil rich Niger Delta. The situation remains volatile.

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Opinion: Global Oil Supply More Fragile Than You Think

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Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

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million in 2008. Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. In most regions, the use of natural gas as a transportation fuel is for the purpose of reducing the usage of imported crude oil or imported refined gasoline. Availability.

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

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million in 2008. The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. between 2008 and 2015. between 2008 and 2015. between 2008 and 2015, which translates into 31,347 vehicles (including conversions) sold in 2015. Pike expects the CAGR for US NGV sales to be 17.7% Availability.

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MIT and IEA reports take different views of the future of natural gas in transportation

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On a life-cycle basis this advantage is reduced, the MIT report notes, because the GHG emissions in production and distribution, including methane leakage, are greater for natural gas than for oil products. million bpd of oil. MIT: leaning toward conversion for light-duty vehicles. These include short-range, heavy-duty vehicles (e.g.,

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