Tag Archives: Middle East

Our production level. standing at 850 million cubic meters per day. is not proportional to our exports.

Traders are now awaiting the release this week of minutes from the Federal Reserve'.s latest policy meeting.

India. the world'.s third biggest oil consumer. imports 86 percent of its oil needs from OPEC nations.

TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey.

Kuwait is part of a joint OPEC/non-OPEC ministerial monitoring committee.

Saudi Arabia is pushing to extend the cuts by a further nine months until next March.

Iraqi prime minister also agreed on the need to extend OPEC cuts for a nine-month period.

Iran backs regional resistance groups. such as Lebanon'.s Hezbollah. which are considered terrorists by the US.

Dewa had implemented this concept for the first time in the Middle East in January 2015.

Iran has been second-best to Qatar in gas production from South Pars.