Tag Archives: East Asia

Total had previously withdrawn from the field in 2009 because of sanctions.

Iran’s output was the lowest since April last year at 3.75 million bpd.

US LNG has so far been excluded from tit-for-tat tariff rounds between Washington and Beijing.

The renewed US sanctions were among those lifted under a 2015 deal between world powers and Tehran on curbing Iran’s nuclear program.

The UAE is the second largest exporter of crude oil to Japan after Saudi Arabia.

The latest threat from President Trump is to slap tariffs on US$200 million worth of Chinese goods.

In the latest round of levies. China said it would impose additional tariffs of 25 percent on $16 billion worth of U.S. imports.

Qatar aims to boost its LNG export capacity from the current 77 million tons to 100 million tons annually by 2024.

Total signed a contract in 2017 to develop Phase II of South Pars field with an initial investment of $1 billion.

The price for LNG shipment into key Asian markets is hovering around $10 per million British thermal units.