Tag Archives: Oil Minister

Egypt is investing in a processing plant on the Red Sea that could produce some four million tonnes of petro-products a year.

Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.

Saudi Arabia’s in a more precarious position for this upcoming OPEC meeting.

Gazprom Neft could partner with Mubadala. Adnoc and other companies in the development of oil and gas reserves.

Despite its discontent. Bagdad prefers to maintain good relations with Russia for several reasons.

Due to the crisis that began in 2011. the field. with gas reserves of about 4 billion cubic meters. was closed.

The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.

Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.

The US sanctions were re-imposed on Tehran following the withdrawal of the United States from the Iran nuclear deal in May.

If New Delhi drops its oil imports from Tehran to zero. it will need to import more from other partners.