Tag Archives: Asia

Turkey occupies a strategic location and acts as a bridge between Europe. the Middle East and Central Asia.

Yamal LNG has raised additional finance with several European banks.

Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.

The U.S. is expected to ‘dethrone’ Qatar. the biggest global LNG exporter. with its 30 planned LNG terminals and with six more under construction.

China announced last month that it had succeeded in extracting the fuel from frozen deposits on the sea bed. untapping a potentially huge new source of energy.

SOCAR produced 2.46 million tons of oil from offshore and onshore fields in January-April 2017 as compared to 2.52 million tons in the same period of 2016.

Iraq is OPEC”s second largest oil producer after Saudi Arabia. recording a daily production of 477.5 million barrels per day in 2016.

The Ministerial Conference and the Eighth Forum were held thanks to the support of five UN Regional Commissions.

China'.s Unipec. the trading arm of state oil major Sinopec. is planning to ship jet fuel from Asia to Europe for the first time in several years.

Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.