International

OPEC and Russia are likely to apply a supply curb deal beyond its March 2018 expiry.

Lebanon. Egypt. Pakistan and Bahrain — haven’t recorded a default event since their independence.

At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.

Economics says the reason for the GDP growth deceleration was a slowdown in the growth of the industrial production sector.

Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.

Last week. Aramco signed US$4.5 billion worth of total contracts with international companies to boost its gas production and processing capacity.

Natural gas production turned upward in 2006 and would rise by 50% over the next decade.

Most of the recent talk about Aramco’s international listing venue has centered on New York and London.

The group sees U.S. shale fizzling out after 2025. leaving OPEC once again in charge.

Petronet operates a 15 million tonnes per annum terminal at Dahej in Gujarat for import of LNG.