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Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.

Sales rose in the second quarter to 84.4 billion reais. more than the 83.12 billion-real estimate of six analysts compiled by Bloomberg.

Iran will take advantage of special strategies to sell its crude oil.

The domestic price of oil used for electricity generation and desalination is highly subsidized.

TNB is hosting the biennial event on behalf of the Association of the Electricity Supply Industry of East Asia and Western Pacific (AESIEAP).

U.S. shale production is expected to slow over the next year.

India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.

The strategy would help reduce Europe'.s reliance on Russian gas. and the U.S. government is keen to increase energy exports.

Iran exports a wide range of oil products to Ghana including tar and various kinds of industrial oil.

Rystad Energy expects production to rise rapidly beyond 100 000 bpd.