Tag Archives: Persian Gulf Countries

The world’s largest oil exporter shipped almost 4 million tonnes of crude to China in July.

A large number of Iranian traders started to ship food to Qatar following the political crisis.

Iraq may change the benchmark but keep timing for lifting oil at a one-month gap.

The cost of reconstruction has been estimated at between $700 billion and $1 trillion (590 billion to 840 billion euros).

A follow-up meeting will be held to explore cooperation in several different sectors. They include. industry. logistics. housing and financial services.

Saudi Arabia has moved back up a notch in the race to supply oil to China and compete for market share in Asia’s biggest crude consumer.

Qatar plans to strengthen bilateral relations with the Islamic Republic of Iran in all fields.

The project is strategic for Saudi Arabia. which plans to expand further into the petrochemical chain to export more end products and grow beyond oil.

Saudi Arabia aims to break the slow pace in the progress of Saudi projects in China and push for more investments between the two nations.

The complex will be able to process 1.6 billion cubic meters of gas per year.