BREAKING NEWS

Iran in talks to increase gas exports to India, Pakistan

MOSCOW - Iran, which faces tightening sanctions on its oil industry aimed at halting development of its nuclear program, is looking to export more gas to India and Pakistan to make up for a fall in crude exports, a National Iranian Oil Company official said.
"We are trying to compensate the less (oil) export," NIOC's managing director for research and technology, Mohammad Ali Emadi told reporters at a Moscow conference on Wednesday.
"We are in negotiation with Pakistan and India to increase export of natural gas."