Tag Archives: Dispute

Many countries. including US allies in Europe as well as China and India oppose the introduction of new sanctions.

U.S. LNG exports only started in 2015. and sales to China were a booming business opportunity for the American natural gas industry.

Iran has imported natural gas from Turkmenistan since 1997 for distribution in the north of the country.

China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.

China is the third largest importer of US LNG.

Oil output in the U.S. fell by 100.000 barrels a day to 10.9 million last week. according to the Energy Information Administration.

UNIPEC and Sinopec are Asia’s largest refiner and biggest buyer of U.S. oil.

Gazprom planned to borrow 417 billion rubles. one third of the amount needed for the construction (1.2 trillion rubles).

Venezuela’s production collapsed due to a lack of investment and Iranian exports have suffered due to US sanctions.

The Nord Stream 2 line has faced criticism because it would allow Gazprom to bypass Ukraine'.s pipeline system.