Tag Archives: Asia

India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.

OECD oil inventories as of March stood 22.8 million barrels above the five-year average.

The evacuation has not affected production at the oilfield.

Iraq plans to build a refinery with a capacity of 150.000 bpd near the northern city of Mosul.

U.S. shipments of LNG to China hit a record in 2017.

Pakistan is one of the world’s fastest growing LNG markets and is still looking to secure long-term supply contracts for its second LNG terminal.

China’s decision to impose tariffs on US LNG will make LNG projects outside of the US more attractive.

Investors are focusing on the US-China trade tensions.

China will increase tariffs on $60 billion of products imported from the US.

Tehran and Baghdad had signed a deal on the exports of natural gas from the giant South Pars Gas Field in 2013.