Tag Archives: China

LNG is playing an increasingly important role in China'.s energy security.

U.S. prices have been supported by a drop in crude inventories.

As the US sanctions on Iran'.s oil are booming. Washington sent two officials to satisfy China to cut off oil imports from Iran.

Chinese companies have invested in Iraq. the United Arab Emirates and Iran in recent years.

Production capacities of small-scale LNG plants vary from 2.000 to 500.000 tons a year.

Over the next seven year the government plans to build another 11 terminals which would raise India’s LNG import capacity.

The past winter season in Europe was one of the coldest this decade. sending gas demand soaring.

OPEC-member Iran has exported around 2.5 million barrels per day of crude oil so far this year.

China is under the pressure to cut oil purchases from Iran.

Sinopec expects its crude oil output to remain stable over next three years.