The conversion has been part of an EU-supported initiative to promote LNG propulsion in short-sea vessels operating along the European Atlantic coast.

Cosmo Oil was among the first Japanese refiners along with Showa Shell. Fuji Oil to resume Iranian crude loadings in January.

The group would meet in Vienna Austria to deliberate on the matter.

Gazprom has increased its share on the European market from 34.7% in 2017 to 36.7% in 2018.

Trump on Monday expressed concern about oil prices.

Passenger vehicles represent 20 percent of the world’s oil demand.

The company is looking at an around 30%-40% downstream integration in its refineries from 11% in recent years.

Libya has struggled to maintain oil production since 2011.

Iran has moved up 24 ranks in terms of generation of electricity in the past forty years.

Saudi Arabia alone is spearheading three massive new projects offshore.