Tag Archives: Export

Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.

Projections of LNG demand reveal growth of over 3%-5% per year until 2030.

Oil crashed to its lowest levels in over a decade in February 2016 from a high of $115 a barrel three years ago.

The U.S.-Asia route is at least twice as long as that from the Middle East to the main Asian trading hubs in China. Japan. South Korea. Taiwan and Singapore.

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

Over 800 tankers and vessels of all sizes berthed at the terminal in the last fiscal. up from 540 in the previous year. or around 33%.

Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia.

By 2022. the U.S. is expected to account for 40 percent of the world’s extra gas production.

The current agreement builds on GE’s significant legacy of contributions towards strengthening Iraq’s power sector.

Tehran and Baghdad signed a deal on the exports of natural gas from the giant South Pars Gas Field in 2013.