TEHRAN (Fars News Agency)- Phase 12 of South Pars (SP) gas field would earn Iran six billion dollars, 5.3 percent of gross national product (GNP), per year if the lowest prices were considered, said Petropars Company managing director here on Thursday.

TEHRAN (Fars News Agency)- Abu Dhabi National Energy Co TAQA.AD (Taqa) said it is in early talks to import natural gas from Iran to the United Arab Emirates, and invest in the Iranian energy industry, including in power.

TEHRAN (Fars News Agency)- The volume of Iran-Russia trade and business transactions was equal to $2.294 billion in the first nine months of 2007, which is double the value of the same period in 2006