Total signed a preliminary agreement. worth $4.8 billion late last year. to develop the natural gas field in collaboration with China National Petroleum Corp and state-owned Petropars Co. of Iran.

The refinery produced various grades of petrol. diesel. aviation kerosene. liquid gas. vacuum gas oil and fuel oil.

Last month. Libya’s average daily production was 730000 bpd as per OPEC secondary sources. up by 178.200 bpd compared to April.

Rosneft and U.S. energy firm Exxon earlier announced plans to build an LNG plant in Russia'.s far east together.

GE’s Jenbacher gas engines are commonly used in cogeneration combined heat and power applications.

VChNG. located in east Siberia. produces around 165.000 barrels per day of oil. delivered via the East Siberia-Pacific Ocean pipeline.

In terms of daily production. the fields will yield 50. 000 barrels of crude oil per day and 120 million standard cubic feet of gas per day by early 2019.

According to OPEC delegates. the cartel won'.t be rushing to make that decision. even though a panel monitoring the cuts will be meeting next month.

The Indian subcontinent is set to become ever more thirsty for LNG.

This project will result in one of the largest and most efficient gas power plants in South Eastern Europe and will change the way power is delivered in Romania.