Tag Archives: Export

Iran holds the world’s second-largest natural gas reserves after Russia. according to US Energy Information Administration data.

In 2016. Russian gas exports to Hungary totaled 5.7 billion cubic metres.

The LNG market is expected to tighten in the mid-2020s on greater demand from China and India.

Plans are in place to increase the number of liquefied petroleum gas carriers to help NIOC establish a foothold in the global market.

ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.

LNG imports could also ease trade tensions between South Korea and President Donald Trump. The U.S. ran a $17 billion trade deficit in goods and services with South Korea in 2016.

The problem associated with China'.s payment for its petrochemical imports from Iran has now reached a point that requires negotiations between senior officials from both sides.

Last month. Libya’s average daily production was 730000 bpd as per OPEC secondary sources. up by 178.200 bpd compared to April.

Last month. Gazprom began constructing the Turkish Stream natural gas pipeline off the Russian Black Sea coast.

KoGas currently has offtake contracts with a number of LNG producers that are mostly located in the Asia Pacific and the Middle East.