Tag Archives: Production

Demand from new buyers is also supporting LNG prices in the region.

The Netherlands is building a conversion plant to make high-calorific foreign gas suitable for use in Dutch systems.

China’s and Japan’s Economic Exclusive Zones (EEZ) in the area overlap and about 40.000 square kilometers of ocean territory is in dispute.

A rise in spending would expose the Saudi budget if there was an unexpected drop in oil prices.

Kuwait is the Middle East region’s fifth-biggest oil producer but has limited gas resources.

The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.

In U.S. oil markets. a decline in commercial crude inventories provided WTI with stronger support than Brent.

Southern Iraqi exports in the first 19 days of August averaged 3.7 million barrels per day.

The United States is showing interest in the participation of Russian businesses.

Earlier this month. Yemen was said to have resumed oil exports.