Gas

LNG from the United States accounted for 7% of China’s total LNG imports in the first six months of 2018.

A senior official at the National Iranian Gas Company (NIGC) said that the country has given an ultimatum to Pakistan to pave the ground for imports of gas from Iran as undertaken in an earlier contract.

The Nord Stream 2 pipelin is opposed by the EU institutions and some EU members.

Greece’s foreign minister said his country could work together with Turkey to exploit natural resources while urging Ankara to settle its dispute with the European Union over offshore drilling in the Mediterranean.

Armenian Parliament Speaker Ararat Mirzoyan blasted the US sanctions on Iran and pressures on other states to stop cooperation with the country. saying that his country cannot halt buying gas from Tehran.

Pakistan is expected to be a significant growth driver in global LNG demand.

Islandmagee is one of several projects proposed for the U.K. and Ireland.

World LNG demand reached a record 432 bcm in 2018.

Saudi Aramco regularly produces 10 million barrels a day.

The U.S. has already threatened sanctions on the Nord Stream 2 natural gas pipeline currently under construction in Europe.