The kingdom expects its privatization programme to yield about $200bn in total through the full or partial sale of government firms.
Read More »S. Korean Gas Giant Signs Agreement with Sempra`s LNG Project in Texas
LNG imports could also ease trade tensions between South Korea and President Donald Trump. The U.S. ran a $17 billion trade deficit in goods and services with South Korea in 2016.
Read More »France’s Total Wants Investment in Iran’s Petchem Industry
The South Pars 11 project will have a production capacity of 1.8 billion cubic feet per day. or 370.000 barrels of oil equivalent per day.
Read More »Iran to Sign New IPC Gas Deal with Total for South Pars on Monday
The international contract for development of Phase 11 of South Pars in the framework of IPC will be signed on Monday.
Read More »UAE Joins International Energy Charter as Observer
The International Energy Charter has a total of 80 member states. among others. Russia. the United States. France. Britain. Japan. Korea. India and Argentina.
Read More »GE Awarded Technology Order for South Eastern Europe’s Largest Gas Project in Five Years
This project will result in one of the largest and most efficient gas power plants in South Eastern Europe and will change the way power is delivered in Romania.
Read More »SOCAR Foreign Investments Near $4.5B
SOCAR is the sole producer of oil products in Azerbaijan.
Read More »Hindustan Petroleum Corporation Joins Talks to Buy Stake in Russian Oil Fields
In 2013. Vankorneft was chosen as an operator on development of new fields of Vankor Cluster located close to the Vankor field.
Read More »NIGC Shifting Focus to Int’l Markets
Gas exports to Iraq have begun at a rate of 7 million cubic meters per day and will eventually increase to 18 mcm d in two years.
Read More »Russia`s Novatek Aims Topple Qatar from LNG Top Spot
Qatar and Russia have long been rivals in global gas markets.
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