Shipments of LNG and liquefied petroleum gas from the project are expected to begin by the end of September.
Read More »Ukrainian PM Promises Energy Independence from Russia
The first round of talks regarding the extension of transit of Russian gas through Ukraine after 2019 took place in July.
Read More »GCC Condemns Houthi Attack on Saudi Arabia Red Sea Oil Tankers
An estimated 4.8 million barrels per day of crude oil and refined products flowed through the Strait in 2016 towards Europe.
Read More »Oil Rises on US-EU Trade Talks. Red Sea Shipping Suspension
U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.
Read More »EU. US to Boost Strategic Energy Cooperation
Russia and Norway are exporting record volumes of fuel to Europe via pipelines.
Read More »Aramco Unlikely to Reduce Oil Exports to West after Houthi Attack
Oil producer has alternative channels to transport crude to its customers in Europe.
Read More »China’s Economic Growth Could Boost Oil Demand
China’s economic growth eased in the second quarter of this year to 6.7 percent.
Read More »Lukoil Completes Drilling of First Caspian Sea Production Well
Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.
Read More »Trump Wishes EU to Become `Massive Buyer of US LNG`
Germany is taking every effort to implement the Russian-European Nord Stream 2 project.
Read More »Oil Rise after Saudi Arabia Suspends Shipments through Red Sea
Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.
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