Tag Archives: International

Members of OPEC and non-OPEC countries participating in a supply-reduction agreement are on course to reach 100 percent compliance.

Russia and Iran are in permanent contact which will help reinforcing cooperation in all levels of trade ties especially in energy sector.

India. the world’s third-biggest oil consumer. meets more than 80 per cent of its oil needs through imports.

Saudi Arabia is India’s second largest oil supplier after Iraq.

Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.

The German government said last week it continues to regard the Nord Stream 2 pipeline as a useful project.

Renewable growth will be largely driven by China. which is predicted to be responsible for 41% of expansion.

It has been planned for Iran export to Iraq to reach $20b until the Iranian year 1404.

India is the world’s third-largest consumer of oil.

he length of the North South pipeline will be 1122KM with 42-inch diameter.