Tag Archives: Pipeline

Nord Stream 2 has come under fire from the United States and several eastern European.

OPEC will not decide on output until late June when the group is due to meet.

OECD oil inventories as of March stood 22.8 million barrels above the five-year average.

The completion of the Nord Stream 2 gas pipeline construction and the start of its operation can be delayed until the second half of 2020.

Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.

Tehran and Baghdad had signed a deal on the exports of natural gas from the giant South Pars Gas Field in 2013.

Iran has already slammed Pakistan for failing to adhere to the bilateral deal and delays in laying down the pipeline.

The US has repeatedly attempted to derail the project.

The fire was completely put out on Tuesday. but some parts of the pipeline needed extra work to ensure the safety of crude transfer.

The dearth of information is a headache for OPEC and allies led by Russia.