Tag Archives: Asia

Russia has for years been cooperating with OPEC. helping to engineer a rebound after a 2014 oil price slump.

Riyadh has suggested OPEC and its allies reduce output by 1 million barrels per day from January 2019 to stem the price falls.

Russia and Bulgaria have been negotiating on the pipeline'.s route for some time.

A decision on the production policy in 2019 can be reached at an OPEC+ ministerial meeting in Vienna on December 6-7.

The increase in trade with Turkey and efforts to boost ties with Iraq form part of Qatar’s strategy to diversify its trading partners.

Saudi Aramco plans to boost its gas production to 23 billion standard cubic feet (scf) a day from 14 billion scf now.

Pakistan will do all it can to complete part of the pipeline that passes from Pakistani territory.

Iran'.s exports to South Korea mostly consist of crude oil and petrochemical products and its imports include household appliances.

China has seen an explosive growth of natural gas consumption over the years.

Libya’s oil exports to China in 2017 totaled $1.7 billion.