Tag Archives: Persian Gulf Countries

Oil producers have added a total of about 1 million bpd output in ``recent weeks and months``.

Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia

This project expected to have the capacity to produce up to 200 gigawatts by 2030.

The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.

Omid Investment Management Group Co. also signed the deal. under which construction should be completed within three years.

The capacity of the giant Khurais oil field will be expanded by between 250.000 bpd and 300.000 bpd.

Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.

Despite efforts to expand the economy. growth will remain under 2.5 percent during the next three years.

One of the reasons behind the shift of Qatar’s gas strategy is the ongoing Saudi-led embargo.

Saudi Arabia will continue to increase oil production in order to achieve moderate prices.