Tag Archives: International Companies

Earlier this month. Yemen was said to have resumed oil exports.

The Nord Stream-2 pipeline is going to be 1.2 thousand km long. with capacity of 55 billion cubic meters of gas per year.

Saudi Arabia might be seeking to expand its oil production by building an oil port in Yemen’s al-Mahra governorate.

The project has seen strong opposition from the European Commission as increasing EU'.s dependence on Russian gas and undermining Ukrainian transit.

This consortium has the backing of major Japanese energy firms Marubeni Corp and JERA. which is the world’s largest buyer of LNG.

If the deal goes ahead. it is going to be just one step along the much longer journey for Saudi Arabia.

In early July. US President Donald Trump announced that the Nord Stream-2 gas pipeline would make Germany ``hostage`` to Russia.

Such decision was due to Washington'.s announcement that it would impose sanctions on enterprises making business with this Islamic republic.

Poland buys most of the gas it consumes from Russia but has taken steps to reduce that reliance.

About 64% of Venezuelans report having lost an average of 24 pounds in 2017.