Tag Archives: Minister

Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.

Russia’s ability to increase its oil extraction on its current technological basis has been effectively depleted.

Nigeria is presently the fourth exporter of gas in the world.

Russia currently expects its oil production to stay at these high levels in the next five months.

Saudi Arabia halted temporarily oil shipments through the lane on July 26 after attacks on two big oil tankers.

LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.

India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.

Russia has used stocks held in tanks at its oilfields to boost production.

The project is awaiting completion of security approvals and the licenses necessary to start drilling.

The previous congress was held in Istanbul in 2016 and the next one will be in Abu Dhabi in 2019.