Tag Archives: Asia

The domestic price of oil used for electricity generation and desalination is highly subsidized.

TNB is hosting the biennial event on behalf of the Association of the Electricity Supply Industry of East Asia and Western Pacific (AESIEAP).

South Korea had the market share at 70% of the orderbook by cbm. followed by Japan (21%) and China (9%).

Russia currently expects its oil production to stay at these high levels in the next five months.

Oil output in the U.S. fell by 100.000 barrels a day to 10.9 million last week. according to the Energy Information Administration.

The resultant analyses and runs in audio. video. and data formats are said to assist calculated decision making.

China accounted for 13% of the exports from Cheniere’s Sabine Pass terminal in Louisiana as of mid-June.

The cut in Arab Light prices for September was the second consecutive monthly reduction of the OSP to Asia.

The company had last month halted all its shipments through the route following an attack on two of its very large crude carriers.

UNIPEC and Sinopec are Asia’s largest refiner and biggest buyer of U.S. oil.