Tag Archives: Asia

Both firms were roped in by the Iraqi government to help reduce gas flaring. which the oil ministry hopes to snuff out by 2021.

The project will be completed by 2020 and the Russian company will operate it for 25 years.

ADNOC has a target to have production capacity of 3.5 million bpd by the end of this year.

Since 2006 to date. no one delivered more oil to China than Saudi Aramco.

An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month.

China last month imposed retaliatory tariffs on an additional $60 billion worth of US imports.

The supply deal will likely start ahead of this winter and it will be for about three years.

The plant is planned to process oil of such grades as Azeri Light. Kerkuk and Urals.

Turkey imported around 97.000 barrels per day of Iranian oil in August and 133.000 bpd in September.

The first crude carrier supplying the refinery should arrive in December or January.