Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.

U.S. shale oil producers could increase production if oil prices rise.

China aims to increase domestic crude oil output to 200 million tonnes by 2020.

Projections of LNG demand reveal growth of over 3%-5% per year until 2030.

The Declaration of Corporation’ by Opec and non-Opec participating countries gave hope and stability to the market at a very critical time.

Oil crashed to its lowest levels in over a decade in February 2016 from a high of $115 a barrel three years ago.

The history of U.S and her partners in energy policy shows oil has been applying as a political weapon in many cases.

The US earlier this year threatened to impose fines on EU firms that invested in the pipeline.

The pipeline'.s length is 1.830 kilometers and its total capacity is 55 billion cubic meters a year.

The IEA estimates that the wave of energy digitalization could lower the cost of production by 10 to 20 percent.