Tag Archives: China

Gazprom controls 32 licenses in the region and resource estimates exceed 26 trillion cubic meters.

Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.

China’s investment in Iranian oil and gas industry has been put at the focal attention amid trade war between China and US.

Iran’s Labor Minister Mohammad Shariatmadari. in a meeting with Chinese Ambassador to Tehran Chang Hua. described bilateral ties between the two countries as constructive. and called for strategic cooperation in bilateral and international arenas.

China'.s reliance oil and gas imports is growing too rapidly.

The trade and tariff overhang is inescapable for oil markets.

China last year and this year imposed tariffs on imports of the super-chilled fuel from the United States.

In 2019. China included tight gas in the new unconventional gas subsidy scheme for the first time.

Oil prices have fallen around 20% from a 2019 high reached in April.

China lifted 926.119 bpd of Iranian oil in July. up 4.7% month on month.