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Saudi-China Conference Highlights Growing Ties
...e US as the world’s largest importer with 8.40mn b/d in 2017, with volumes soaring further to a record 10.86mn b/d in 2020 as it gorged on cheap oil amid the pandemic. Chinese imports have since dropped but still averaged 10.2mn b/d last year. This has been mirrored in the two countries’ re...
Volume: 66Issue: 24Published at Fri, 16 Jun 2023 -
Iran Looks East For Support As US Squabbles With Europe
...erhaul China in early 2017. CHINESE, RUSSIAN FIRMS STAND TO BENEFIT China’s state-owned CNPC (30%) last year signed up alongside Total to develop Phase 11 of Iran’s South Pars gas field (MEES, 23 June 2017). With Total set to relinquish its 50.1% stake in the project unless it manages a se...
Volume: 61Issue: 24Published at Fri, 15 Jun 2018 -
Erbil Plays Russian Roulette With Independence Vote
...portunities than Iraqi Kurdistan. Meanwhile, Russia exported 24.5bcm of gas to Turkey in 2016, around 11% of total exports. Volumes are up 25% year-on-year in the first quarter of 2017 at 7.9bcm, which if sustained would result in a record 30.6bcm. And in Iraq, Gazprom Neft operates the 67,000 b/d Badra fi...
Volume: 60Issue: 24Published at Fri, 16 Jun 2017