Tag Archives: International Organizations

Saudi Arabia hits bullseye. IPO and LNG deals cements geopolitical cooperation Russia.

OPEC’s cut has boosted oil prices. which in January topped $71 a barrel for the first time since 2014.

Since the OPEC non-OPEC production reduction was agreed to in November 2016. the producers haven’t publicly disclosed how this benchmark is defined.

Mutual concerns over regional security. especially the situation in Afghanistan. should also come up for discussions between Rouhani and Prime Minister Narendra Modi.

Russia is cutting 300.000 bpd as part of the pact with OPEC.

Saudis mull importing gas while planning to double own output.

OPIC is a self-funded government agency whose website says it aims to advance ``U.S. foreign policy and national security priorities.

By 2030. Thailand and Indonesia together could import nearly 70 million tonnes of LNG a year.

Kirkuk is one of the largest oilfields in the Middle East. estimated to contain around nine billion barrels of recoverable oil.

Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.