Storage provides security and flexibility of supply.
Read More »India Seeks to Revive Ailing Power Plants with Qatar Investment
India’s biggest gas importer Petronet LNG annually buys 8.5mn tonnes under a long-term contract.
Read More »SOCAR Overhauls Platform at Darwin Bank Field
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.
Read More »Shell Signs Five-Year LNG-Supply Deal with Qatargas
Qatargas continues to win new business in an evolving market and this SPA demonstrates Qatargas’ ability and flexibility to capture new opportunities.
Read More »Qatar Responds to Sanctions with New Bunkering Solutions
The ports’ decision to reject Qatari vessels was in line with the UAE government’s move to sever diplomatic ties with Qatar.
Read More »Saudi Arabia Overtakes US in Recoverable Oil Rankings
Oil demand will also remain surprisingly robust over the next decade.
Read More »South Korea Helps Iran Build Mini LNG Plants
The allocation of the $13-billion credit line by South Korea to Iran would open the way for Japanese and European banks to do the same with the country.
Read More »Azerbaijan’s Non-Oil Economy Grows
The volume of Azerbaijan’s GDP in the oil and gas sector decreased by 6.5 percent in January-May 2017.
Read More »Qatar Use Iranian Airspace to Conduct most Flights
The Qatari airliner now is using Iran’s airspace to conduct its flights to Asian. European and American countries.
Read More »Iraq Agreed with Egypt on Establishing Joint Oil Companies
Iraq enjoys an excellent geographic location that overlooks each of Iran. Turkey and the Arab world from the other side.
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