Tag Archives: Market

The EU has long worked to diversify its supply by developing LNG infrastructure.

The gas transmission capacity of the project can be increased to 24 billion cubic meters first and to 31 cubic meters with additional investments later.

The cuts have been supported by some non-OPEC producers. most notably Russia.

The 21-mile Strait of Hormuz at the mouth of the Persian Gulf handles roughly 40% of global crude trade.

The USA is declaring trading war against major economic entities like China and EU.

The US president'.s threat to decrease Iran'.s oil sales is an illusion.

Russia’s largest private natural gas company. Novatek. secured vital funding for its Arctic LNG 2 plant.

Countries that do not stop buying oil from Tehran after the deadline risk facing Washington sanctions.

Most of Iraq'.s southern fields in Basrah are operated by international oil companies.

Tesla’s plant under construction in Shanghai last week.