Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.
Read More »Iraq to Start 60.000 bpd Oil Swap with Iran
Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.
Read More »Tanker with Russian Gas to Land in Boston over the Weekend
Guiding an LNG tanker in is a multi-agency effort with federally mandated protocols.
Read More »Yamal`s First Cargo Activates Diplomatic Row
Yamal LNG began commercial operation early this month.
Read More »Asian Markets Looking Forward to Import More LPG from Iran
International trading firms Petredec and Glencore lifted cargoes from Iranian ports in December.
Read More »Russia Begins Production on Second Liquefied Natural Gas Plant
Novatek owns a 50.1% stake in Yamal LNG. France’s Total and China National Petroleum Corp each control 20%. while China’s Silk Road Fund owns 9.9%.
Read More »Turkmenistan Plans to Take Gas Dispute to Intl. Arbitration
Turkmenistan has no access to open seas and its shipment of gas to international markets has to go through the neighbors.
Read More »Iran Exports Ninth Oil Shipment from South Pars
South Pars is estimated to contain over six billion barrels of crude oil with the recovery rate of 10 percent.
Read More »Kharg Terminal`s Western Dock Set for Rehabilitation
Over 800 tankers and vessels of all sizes berthed at the terminal in the last fiscal. up from 540 in the previous year. or around 33%.
Read More »Iran Considers to Stablish Petrochemical Shipping Firm
Iran'.s petrochemical production plans and the idea of creating a fleet of tankers specifically for petrochemical products make more sense.
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