The complex will be able to process 1.6 billion cubic meters of gas per year.
Read More »OPEC to Discuss Ending or Extending Production Cut in November
OPEC will discuss at a meeting in November whether to extend or end production cuts.
Read More »First Tanker with US-Produced LNG for Lithuania Leaves Behind `Political` Wake
According to energy industry analysts. the US is expected to become a net exporter of natural gas by next year. largely thanks to the country'.s LNG exports.
Read More »Iraq Plans to Shift Basra Crude Price Benchmark for Asia from January
Iraq has been reforming its oil sector to achieve higher prices and setting up trading and shipping joint ventures.
Read More »Iran Parliament Clears Oil. Foreign Ministers for Rouhani`s New Cabinet
Oil Minister Bijan Zanganeh has been credited with the boost in Iran'.s crude output since many global sanctions were lifted last year.
Read More »Iraq`s Oil Exports Dip. Still Some Way Off OPEC Compliance
The bulk of Iraq'.s oil is exported via the southern terminals. Smaller amounts are shipped from northern Iraq via Ceyhan in Turkey.
Read More »China`s Energy Demand to Peak in 2040 as Transportation Demand Grows
Natural gas consumption will rise to 620 billion cubic meters in 2030. said CNPC. up from 510 billion in last year'.s report.
Read More »Turkey`s Unit International. Russia`s Zarubezhneft and Iran`s Ghadir Sign Drilling Deal
The natural gas extracted from the drilling will be equal to 1.5 times the 50 billion cubic metres of gas Turkey imports annually.
Read More »China to Build New Shale Gas Bases. Offer More Oil and Gas Block Tenders
The steps come as China ramps up its exploration efforts as crude oil production from ageing wells drops.
Read More »OPEC Predicts Higher Demand for Oil in 2018
Saudi Arabia told OPEC it cut output to 10.01 million bpd last month. from 10.07 million bpd in June. meaning its production fell back below its OPEC target of 10.058 million bpd.
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