China firmly opposes unilateral sanctions and the so-called '.long-arm jurisdiction'. imposed by the United States on Iran.
Read More »China Defends Iran`s Legitimate Rights
China is willing to cooperate with Iran to confront the intervention and exit from these conditions.
Read More »Oil Stocks still Building. but OPEC will Act If Needed
OPEC will not decide on output until late June when the group is due to meet.
Read More »OPEC+ Should Keep Oil Cuts. Even with Supply Risks Ahead
OECD oil inventories as of March stood 22.8 million barrels above the five-year average.
Read More »Exxon Mobil Evacuates Foreign Staff Out of Iraqi Oilfield
The evacuation has not affected production at the oilfield.
Read More »Austria Confident Country Will Be Able to Implement Nord Stream 2 Project
The completion of the Nord Stream 2 gas pipeline construction and the start of its operation can be delayed until the second half of 2020.
Read More »Iraq has Alternative Plans for Any Stoppage of Iran Gas Imports
Iraq plans to build a refinery with a capacity of 150.000 bpd near the northern city of Mosul.
Read More »U.S. LNG Exporters Hard Time due to Trade War with China
U.S. shipments of LNG to China hit a record in 2017.
Read More »Too Early to Assess Impact of U.S. Iran Sanctions on Market
The OPEC+ alliance feels that it’s still too early to assess how the end of the U.S. waivers for Iranian buyers will impact the oil market as of this month.
Read More »Pakistan. One of the World’s Fastest Growing LNG Markets
Pakistan is one of the world’s fastest growing LNG markets and is still looking to secure long-term supply contracts for its second LNG terminal.
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