The world’s biggest energy companies will gather at the LNG2019 conference in Shanghai next week.
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Now prices are higher than they were in January.
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Quality could at some point become a bigger problem for US producers.
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Iran’s production has declined by 860.000 bpd since the third quarter of 2018.
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The liquefied natural gas spot prices decreased by more than half since September.
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Gazprom is ready to enter negotiations for making a new contract on direct delivery of the Russian gas to the Ukrainian market.
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Qatar is the global LNG exporter leader and has the world’s largest LNG liquefaction capacity.
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Beyond OPEC. oil prices have been boosted by U.S. sanctions against OPEC members Iran and Venezuela.
Read More »Star Refinery will Reduce Turkey`s Diesel Imports to 40%
The total refining capacity of the refinery will be 10 million tons.
Read More »Russia Committed to Implementation of OPEC+ Deal
The event then will feature a presentation on the pace of oil market development.
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