Tag Archives: International Companies

TANAP will account for 10 percent of all gas imports to Turkey. which is important in terms of diversifying supplies.

The Nord Stream-2 project is an expansion of the existing Nord Stream main gas pipeline linking Russia and Germany.

The oil sector will continue to sign more agreements to attract foreign investment.

During the two-year time that the proceeding is going on. no gas will be exported to Iran from Turkmenistan.

CNPC'.s PetroChina division has a 25-year supply contract with U.S. producer Cheniere.

The move is in line with a transformational strategy pushed by Sinochem chairman Ning Gaoning to zero in on core assets.

OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.

Some believe that China’s move aims to keep oil as a bargaining chip for future negotiations on tariffs or Iranian sanctions.

At last month’s NATO summit in Brussels. President Trump caused a stir by claiming Germany was a ``captive of Russia.``

In June. Royal Dutch Shell exited the Majnoon oilfield in southern Iraq and handed over its operations to the state-run Basra Oil Co.