Iranian Deputy Oil Minister Reza Kasai'i Zadeh has said talks on the Iran-Pakistan-India (IPI) gas pipeline project are in the final stage where the technical aspects are being looked into.

China has enacted a new industry policy on natural gas use to address the supply shortage and optimize usage, the nation's planning agency said yesterday.

Today (August 28)Irkutsk has hosted a joint meeting of the Russian Federation Government and Noncommercial Partnership Russian Gas Society’s Commissions for Natural and Liquefied Petroleum Gas Vehicles.

Russian pipeline-building company Stroytransgaz said Monday it had finished constructing a short natural gas pipe section in Greece, which extends an existing route from Alexandroupolis to Turkey.

Turkey, Iran and Turkmenistan will set up a company to build a natural gas-fired power plant in Turkmenistan, a senior Turkish energy ministry official said on August 22.

Gas prices dropped by more than a penny a day in Southern California in the last week, according to the Automobile Club of Southern California's Weekend Gas Watch.

Gas Prices Continue Downward March

Dana Gas, the UAE's first private sector regional natural gas company, has achieved operating profits for the first half year, with total revenues for the six months ended June 30, 2007 rising to Dh443 million from 171 days of gas production operations, resulting in gross operating cash profit of Dh226 million.

A new natural gas field has been discovered in Iran, Iranian Oil Ministry said.

Russian gas supplies to Greece, halted following a Monday explosion at a pipeline in Bulgaria, have been resumed, a top executive of the Bulgargaz company said Thursday.

Belarus has fully paid its $460 million debt for Russian natural gas supplies, ending a dispute between the country and Gazprom [RTS: GAZP], the state-controlled gas giant said Wednesday.

Russian gas supplies to Greece have been brought to a halt following a blast on a section of gas pipeline in Bulgaria, the Greek media reported Monday. The blast occurred Monday morning due to a gas leak, the Greek media said. No casualties have so far been reported.