Tag Archives: Persian Gulf Countries

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

The U.S. is expected to ‘dethrone’ Qatar. the biggest global LNG exporter. with its 30 planned LNG terminals and with six more under construction.

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

Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.

Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.

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

Qatar exported 78.8 million mt of LNG in 2016. more than 30% of a total global supply of 257.8 million mt.

Nearly a third of the UK’s gas imports are from the tiny Gulf state.

Iraqi Kurdistan is made up of three provinces that are run by an autonomous regional government and protected by their own security services.

Gazprom is building new pipelines in Europe – Nord Stream-2 and Turkish Stream. but the Russian energy major is facing opposition on the continent.