Tag Archives: International Companies

Basra Gas Company is a joint venture between Shell. South Gas Company and Mitsubishi and the Petrochemical Project NEBRAS.

The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.

Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.

The two companies will be represented by four board directors each. sharing nomination rights for senior executives.

Sechin’s oil price forecast is basically in line with Russia’s economic estimates from earlier this year.

Construction and assembly works on the new project. proposed by the plant. have been started to improve the process of separating oil products from industrial water.

Last year. Gazprom used their pipelines to deliver over 80 billion cubic meters of natural gas. or roughly 46% of its Europe-bound gas deliveries.

Petronet will buy the LNG on delivered basis with a price equivalent to about 12.5 percent of Brent oil prices.

Total will operate the SP11 project with a 50.1 percent interest. while Iranian Petropars company will have a share of 19.9 percent and the Chinese CNPC 30 percent.

The first preliminary agreement calls for constructing two polyethylene units plus an ethane cracker unit to convert ethane to ethylene.