Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

OPEC holds its next regular meeting in Vienna on Nov. 30.

Gulf states accounted for 11.8 per cent of natural gas production in the world.

South Korea imported 4.23 million tonnes of crude oil. or 999.680 bpd. from the world'.s top crude exporter in May.

Qatar pumps just over 600.000 barrels a day of crude and exports some 500.000 barrels a day. almost exclusively to Asia.

Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.

In 2017. non-OPEC oil supply is projected to grow by 0.84 million barrels per day.

Iraq is OPEC”s second largest oil producer after Saudi Arabia. recording a daily production of 477.5 million barrels per day in 2016.

Iran will continue to rank first to third among main energy players in the world.

The Russian Energy Ministry plans to hold a familiarization tour for colleagues from Saudi Arabia for projects in Siberia in July.

Iran'.s exports to Asia last month were the lowest since February 2016. Reuters'. calculations showed.