Tag Archives: Market

The problem associated with China'.s payment for its petrochemical imports from Iran has now reached a point that requires negotiations between senior officials from both sides.

Analysts believe the presidency of the business-friendly centrist augurs well for Tehran-Paris ties.

VChNG. located in east Siberia. produces around 165.000 barrels per day of oil. delivered via the East Siberia-Pacific Ocean pipeline.

In terms of daily production. the fields will yield 50. 000 barrels of crude oil per day and 120 million standard cubic feet of gas per day by early 2019.

According to OPEC delegates. the cartel won'.t be rushing to make that decision. even though a panel monitoring the cuts will be meeting next month.

The Indian subcontinent is set to become ever more thirsty for LNG.

Last month. Gazprom began constructing the Turkish Stream natural gas pipeline off the Russian Black Sea coast.

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.

The report argued that renewables will satisfy only one per cent of the world’s energy needs in 2017.

The increased dependence on U.S. natural gas imports is forcing the Mexican government to oversee a number of energy market reforms.