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Significant Progress Made in Iraq’s Energy Sector

Iraq’s energy industry is undergoing significant developments reflecting government initiatives to increase the production of electricity and oil in order to fulfill the country’s increasing demands and boost economic growth. In order to enhance the energy infrastructure and achieve a sustainable vision for resource management, the Iraqi government is putting …

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Russia’s First Ice-Class LNG Carrier Begins Sea Trials

Russia’s first ice-class LNG carrier has begun sea trials, advancing its efforts to expand in the global LNG market despite US sanctions, reported Reuters. The Alexey Kosygin tanker, named after a Soviet statesman, was built at the Zvezda shipyard and will join Russia’s Arctic LNG 2 fleet, which has been …

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China Issues Second Batch of Crude Oil Import Quotas

China has just given a potential boost to its crude oil imports as it has issued a second batch of import quotas for 2025 to its independent refiners, trade sources told Reuters on Monday. Unlike the state refiners, private refiners in China need to be granted import quotas to be …

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Pakistan in Talks with Iran to Import Affordable Gas

Pakistan’s Federal Minister for Petroleum Musadik Malik has revealed ongoing negotiations with Iran to import affordable gas. Speaking to the media in Lahore, Musadik Malik said there are ongoing negotiations with Iran and a cautious approach to avoid triggering international sanctions, the Express Tribune reported on Sunday. “If affordable gas …

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