TEHRAN (FNA)- Iran is planning to pump in excess of $120 bln into projects to produce 80 million tons of liquefied natural gas (LNG) within 12 years and become the world’s largest LNG exporter, an Iranian gas official said Wednesday.

TEHRAN (FNA)- Iran is negotiating with Spanish and British-Dutch energy giants to switch their gas exploration blocs with others due for later development, Oil Minister Gholam Hossein Nozari said Thursday.

TEHRAN (FNA)- Iran’s ambassador to New Delhi said Wednesday that Tehran hopes to finalize the $7.4-bln IPI pipeline deal with India and Pakistan by mid-year.