Tag Archives: Asia

Saudi state oil firm Aramco has told Japanese refiner JXTG Nippon Oil &. Energy about a possible change in shipment. raising concern about the kingdom’s ability to supply crude oil a week after attacks on its refineries.

Saudi'.s oil production from Khurais is now at more than 1.3 million bpd.

Aramco held kickoff meetings with the top banks in Dubai last week.

Aramco is moving fast to add banks in junior roles on the deal after choosing the top underwriters last week.

The attacks halved the crude output of the world'.s top oil exporter. by shutting down 5.7 million barrels per day.

The unprecedented attack knocked out more than half of Saudi crude output. or five percent of global supply.

Aramco already brought back part of the lost production and will return to pre-attacks level end of September.

The five new terminals could collectively triple Pakistan’s LNG import capacity.

The new entity will support the purchase and sale of LNG as a marine fuel to customers around the world.

The CAREC program was created upon ADB’s initiative in 2001.