Tag Archives: Persian Gulf Countries

OPEC'.s combined water-borne shipments of nearly 24 million barrels a day in March were up slightly from October levels.

 Qatar has joined the race to tap the growing energy market of Pakistan as it expresses interest in the $1.5 billion pipeline project for the supply of imported liquefied natural gas (LNG) to provide consumers in Punjab. Qatar has already taken the lead in LNG supplies and signed a multibillion-dollar …

In February Iraqi reserves increased to 153 billion barrels.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.

Iran'.s oil production capacity has crossed 4 million barrels per day.

Two platforms are supposed to be installed in this field by Iran soon.

Industrial townships will provide the opportunity for the Iraqi investors to invest in these regions.

Iraq'.s bulging fuel oil exports have contributed to a glut.

The price of OPEC’s basket of 13 crudes stood at $48.34 a barrel on May 3.