Tag Archives: Pipeline

The goal is to increase Iraqi export outlets and find markets for the increasing oil production.

The field was pumping around 290.000 bpd prior to the shutdown.

The two sides previously discussed construction of three or more nuclear power plants with VVER-1200 reactors.

The U.S. has already threatened sanctions on the Nord Stream 2 natural gas pipeline currently under construction in Europe.

OPEC. Russia and other producers have since Jan. 1 implemented a deal to cut output by 1.2 million bbl d.

Turkey has little of its own energy resources and is heavily dependent on Russian gas.

Despite the rise in the June production. Russia was still complying. for a second month. with its pledge under the OPEC+ deal.

China and India now account for about a fifth of global strategic reserves.

Russia’s oil production averaged 11.126 million bpd between May 1 and 26.

Russia has traditionally been Europe’s main gas supplier.