Tag Archives: Market

Iran plans to increase its condensate production to reach 864.000 bpd within five years.

There are a few reasons to be skeptical that the momentum will carry crude prices higher than current levels.

Total and Iran reached a preliminary agreement this year to build three petrochemical plants.

China may indeed join the ranks of countries banning fossil fuel vehicles.

The pipeline will export 30 billion cubic metres of gas every year with the gas ready for the domestic market next year and for export in 2019.

The European Union has set itself a target of 100 gigawatts of energy that must be created within the trading bloc from marine resources by 2050.

Turkey has been heavily investing in infrastructure projects to reinvigorate country’s transportation infrastructure.

There are still not enough signs of investment beginning to return. and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices.

The EU imports most of its Russian gas via Ukraine Slovakia. Germany (the Nord Stream 1 pipeline). and Belarus Poland.

The sustained growth in demand is not expected to result in surging prices as forecast for LNG supply is higher until 2024.