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Saudi Energy Minister Makes Gas Export Pledge
...tension for assisting Aramco design strategies to “produce and deliver significant volumes of gas from shale and tight gas reservoirs.” The initial contract award was made in 2014. Mr Nasser said last year that Aramco would advance the planned Jafurah processing plant in 2020, which will form the key pl...
Volume: 63Issue: 08Published at Fri, 21 Feb 2020 -
Algeria Posts 5th Straight Trade Deficit
...$6.11bn for 2019 (see chart). Oil and gas revenues are down 15% at $33.24bn – half levels consistently reached before the 2014 oil price crash and a substantially larger slump than the 9% fall to $64.5/B in the price of Algeria’s Saharan Blend crude. This reflects the fact that gas prices have been un...
Volume: 63Issue: 08Published at Fri, 21 Feb 2020