Tag Archives: Production

The next top producers were Canada (174 bcm – 4.8 percent) and Qatar (165 bcm – 4.6 percent).

Sinopec said in March that it plans to boost Fuling'.s annual production capacity to 10 billion cubic meters from 7 billion cubic meters.

Crude oil production from South Pars is in a trial stage. but output can be increased to as much as 150.000 barrels per day in future.

Iran has struggled to expand oil exports after it sold all the oil it had stored for years at sea earlier this year.

Tehran has envisioned $130 billion in investment to develop its oil and natural gas fields.

Japanese companies are going to require major investments in international oil and gas projects.

The reductions will be on the same terms as those agreed in November.

The next JMMC meeting is scheduled to be held in Vienna. on 29 November 2017.

Russia’s energy minister said no decision was expected before January.

Unfortunately. Mexico’s domestic production has lagged behind demand.