Tag Archives: China

The bold claim was made by the Saudi crown prince Mohammed bin Salman during a lengthy interview with Bloomberg. published Friday.

The world’s second largest economy halted purchases of US crude in August for the first time since September 2016.

The plant is expected to cost some US$400 million.

Beijing has repeatedly defended its energy trade with Tehran. worth about $1.5 billion a month.

Shell said in 2014 that the project could cost as much as C$40 billion ($31 billion).

China’s refining capacity will grow to 880 million tonnes a year. equivalent to 17.6 million barrels per day. by 2020.

Unipec is the trading arm of Asia’s largest refiner Sinopec.

The two vessels have been designed in Finland. and European equipment suppliers account for roughly 60 percent of all vessel systems.

Demand for Russian gas supplies is increasing in China.

LNG prices in Asia are likely to remain largely unaffected for now.