Tag Archives: Economy

Russia is looking to open new gas fields and selling to the international market.

Libya agreed its oil production would not exceed 1 mln bpd. and Libya said it would bring its output in line with the target next year.

CNPC recently completed construction of a fourth string on its key Shaanxi-Beijing gas pipeline system.

Greece would be the third European country to begin importing American LNG. after Poland and Lithuania.

Shares of South Korean goods on the global market rose to a record 3.3 percent in the first half of this year.

Pakistan has fallen short of constructing the 700-kilometer part of the pipeline on its territory.

At $60. the Kingdom and some other Gulf countries (though not Oman and Bahrain) will probably run a current account surplus for 2018.

U.S. shale oil producers could increase production if oil prices rise.

The Declaration of Corporation’ by Opec and non-Opec participating countries gave hope and stability to the market at a very critical time.

Last week. news emerged about preliminary plans to build a $20 billion complex to convert crude oil to chemicals.