Tag Archives: Asia

Iraq has been reforming its oil sector to achieve higher prices and setting up trading and shipping joint ventures.

GE will lead the consortium. which includes Spain’s TSK. which will build 13 turbines.

China supports Saudi Arabia to diversify its economy.

Russia and Turkey were enhancing cooperation in several fields. including industry. transport. agriculture and construction.

In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.

Pertamina is an Indonesian state-owned oil and natural gas corporation based in Jakarta.

The project is in line with the Bulgarian government’s efforts to diversify the current gas delivery routes and sources.

Pertamina. which owns 55 percent of both projects. was previously the sole off-taker of output by the Cilacap and Tuban refineries.

South Asia is emerging as the new hot spot for LNG. with Pakistan and Bangladesh set to join India as major consumers.

CEFC would be the first privately held Chinese firm to invest in a major oil giant.