The initial long-term LNG SPA was signed in 2008. with an annual contract volume of 1 million tpy for a 15-year period.
Read More »Saudi. Russian Oil Output Unable to Compensate for Iranian Crude
Washington is pushing allies to cut imports of Iranian oil to zero.
Read More »Korea Gas Corporation to Solidify Its Leadership in Natural Gas
The company plans to invest around 3 trillion won ($2.6 billion) in the global projects between now and 2025.
Read More »The Future of Liquefied Natural Gas in Asia is Now
The U.S. has undertaken several initiatives to improve the regulatory process for approval of LNG exports.
Read More »$80 Oil Is Unhealthy For the World
Expensive energy is back and it is threatening global economic growth.
Read More »Germany Sees Russia as Stable Energy Partner
Russia’s natural gas is more competitive. according to the chairman of the Energy Committee of the Russian parliament. Pavel Zavalny.
Read More »Iraq`s INOC Aims to Produce 7 Million bpd
The northern refinery of Baiji was brought back online and is producing 70.000 bpd.
Read More »Falling Supplies Tighten Oil Markets
Oil prices have been rising in recent months following the decision of the US president to reimpose sanctions on Iran.
Read More »Trump Is Angry Over Oil and OPEC Has a Discreet New Plan to Calm Him Down
Russian-Saudi-OPEC collusion reduced the slack in oil markets. and led to lower stockpiling of crude oil and petroleum products in 2017.
Read More »UAE to Introduce New Crude Blend
ADNOC has a target to have production capacity of 3.5 million bpd by the end of this year.
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