Tag Archives: Persian Gulf Countries

There is no more reliable and responsible supplier than Saudi Arabia.

Saudi Arabia-owned Aramco initially raised a then-record $25.6 billion in its IPO in December.

The United Arab Emirates will invest $22.8 billion in Indonesia through a sovereign wealth fund being set up.

Saudi Aramco’s status as an oil-producing behemoth always marked it as likely to suffer bouts of volatility.

Qatar plans to boost its production capacity to 126 million mt p by 2027.

Qatar'.s first condensate refinery. Laffan Refinery. started production in September 2009.

The new project will send gas via a 200-km pipeline to Russia and produce 6.2 million tons of LNG a year.

The deal could take as much as a year to bring the field back to full capacity.

Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output.

Iraq has been one of the weakest links since the OPEC+ alliance began in late 2016.