Tag Archives: Shipping

Market participants said demand was strong in the PG region due to the annual Islamic pilgrimage to Mecca.

Not a single tanker has loaded crude oil from the United States bound for China since the start of August.

CNPC'.s PetroChina division has a 25-year supply contract with U.S. producer Cheniere.

The market seems to be inadequately prepared for a rapid loss of exports.

U.S. officials have said in recent weeks that they aim to pressure countries to stop buying oil from Iran.

U.S. LNG exports only started in 2015. and sales to China were a booming business opportunity for the American natural gas industry.

Iran could restart its nuclear program as it attempts to agitate the U.S.

China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.

The biggest OPEC producer. Saudi Arabia. pumped 10.63 million bpd in July.

The marginal cost of gas in transport is lower than that of oil-related fuels.