Tag Archives: Asia

The country’s refining capacity is currently at more than 700.000 barrels a day.

The two railways are part of a larger rail network which is to connect China to the Europe via Iran.

Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.

Russia'.s Yamal LNG plant has offered cargoes for winter delivery to Asia.

The emirate. which is the world’s top LNG exporter. has already poured US$29 billion (25 billion euro) in various Germany ventures.

The US company stated that it would invest billions of dollars.

Analysts had expected that Iran would not agree to any specific production boost.

Iran has discussed trade in national currencies with Russia and Turkey in order to reduce the impact of U.S. dollar.

Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.

Germany. Europe’s largest energy consumer. shelved plans for an LNG terminal of its own a few years ago.