Iran’s LPG exports appear to rise this year and for February. the country has already 132.000 tons fixed for lifting in three cargoes.
Read More »Samsung JV Wins Abu Dhabi Refinery Contract
The Abu Dhabi oil major plans to invest $3.1 billion into the refinery project to introduce crude processing flexibility.
Read More »Russia. the Largest Oil Supplier to the Chinese Market
EIA reported that Russia. however. is the largest oil supplier to the Chinese market.
Read More »Turkey Puts Second Floating LNG Unit into Operation
Turkey has already increased its daily send-out capacity from 190 million cubic meters in 2015 to 288 million cubic meters by the end of 2017.
Read More »Saudi Aramco and Petronas to Raise $8 Billion Loan
Aramco said it doesn’t comment on ongoing business plans and transactions. while Petronas declined to comment.
Read More »Shah Deniz 2 on Track for Start-Up in 2018
Shah Deniz stage 2 is on track for start-up in 2018. currently on time and under budget.
Read More »Iran to Export LNG to Basra by Next Year
Iran has already started exporting gas to the Iraqi capital of Baghdad and it will begin exporting LNG to Basra in the coming months.
Read More »Iran Pays Arbitration Debt to Turkey
Iran has paid compensation to Turkey as per International Court of Arbitration ruling in 2012 by providing free gas exports.
Read More »Kashagan Oil Field Increases Production
Daily production at Kashagan makes 300 000 barrels per day with application of advanced technology of gas burning.
Read More »Iraqi Army Planes to Secure Oil Route to Iran
Iraqi oil officials announced in December plans to transport Kirkuk crude by truck to Iran’s Kermanshah refinery.
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