Tag Archives: Trend News Agency

The price for April futures of the North Sea Brent oil mix has increased by 0.01 percent to $67.32 per barrel.

During the meeting in Moscow. the sides discussed a number of issues of great importance in the energy sector.

JOCAP. with 50 percent share held by SOCAR and Total each. will be the operator of Absheron project.

The volume of exports to China was 28.19 million tons. 5 percent less year-on-year.

Shah Deniz stage 2 is on track for start-up in 2018. currently on time and under budget.

Daily production at Kashagan makes 300 000 barrels per day with application of advanced technology of gas burning.

Under an initial agreement. Russia was expected to buy up to 500.000 b d of oil in return for Russian equipment and commodities.

The long-term picture for gas is highly positive. said Fuzzy Bitar. Head of Upstream operations. BP.

IEA analysts pointed out that the oil market is clearly tightening.

IEA analysts believe that steady OPEC production must be treated with caution.