Tag Archives: Market

Russia is cutting 300.000 bpd as part of the pact with OPEC.

Saudis mull importing gas while planning to double own output.

Competition between the Russian companies for the lucrative European energy market would not be in Gazprom’s best interests.

By 2030. Thailand and Indonesia together could import nearly 70 million tonnes of LNG a year.

Russian gas giant presents Power of Siberia. TurkStream. Nord Stream-2 projects.

Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.

The market is only expected to return to balance towards the end of this year.

Demand for this year is expected to be good. if not better than 2017.

China'.s State control on foreign exchange flow was a key reason for the repeatedly postponed launch of Shanghai crude futures.

CNPC has agreed to purchase about 1.2 million tonnes of US LNG per year.