Tag Archives: Asia

South Korea’s crude imports in the first six months of this year were 74.11 million tonnes.

Agreement aims to increase production capacity from the Bu Haseer field from 8.000 bpd too 16.000 bpd.

ICV is an ambitious plan embarked by the Government to boost the oil and gas industry’s contribution in the Sultanate’s socio-economic development.

China has decided to invest &.25 million to help slow the decline underway in Venezuela.

India was in touch with Iran on several issues. including on US’s withdrawal from the Iran nuclear deal. signed in 2015.

Kazakhstan keeps on increasing oil production despite its participation in OPEC+ deal.

North Korea has already exceeded the annual cap allowed for oil imports.

The U.S. is confident that it would be able to sanction Iran without market disruptions.

Shipping to Iran and ports in the country are also coming under the US sanctions.

Daily oil production stood at 792.000 barrels in June 2018. of which 739.000 barrels accounted for crude oil and 53.000 barrels - for condensate.