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In April. Eni said Zohr had a reached capacity of 800 MMSCFD. or 150.000 barrels of oil equivalent (BOE) per day.

The study is based on date only up to October 2014.

Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.

Juncker was dispatched to Washington this week along with other European officials as part of a last-ditch effort to halt those tariffs.

Venezuela’s production collapsed due to a lack of investment and Iranian exports have suffered due to US sanctions.

The final rule is expected to reduce the regulatory burden for additional small-scale LNG projects to come to market.

The anticipated annual oil production plateau is 1.2 million tonnes and the commercial production is slated to commence in 2023.

Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).

Construction of platforms C14. B13. D13 and A24 was so far 90% complete.

For China the demand for electricity and the supply mismatch presents an opportunity to help ASEAN.