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2018, July, 16, 10:50:00
IRAN'S ECONOMIC COOPERATION
SHANA - Dr. Hassan Rouhani, following a meeting of the heads of the three powers, stated that the vast majority of countries do not undergo US domestic laws, saying: “In the fields of energy, transportation, production and staple commodities, the country will not encounter any trouble, and we have always been victorious every time the administration and people stayed together.”
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2018, July, 16, 10:45:00
RUSSIA'S INVESTMENT FOR IRAN: $50 BLN
BLOOMBERG - Iran said Russia is ready to invest as much as $50 billion in its oil industry even as Western majors are pulling out of deals with the republic amid the threat of U.S. sanctions.
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2018, July, 16, 10:40:00
RUSSIA GAS FOR SERBIA: +5.3%
GAZPROM - According to preliminary data, in the period from January 1 through July 12, 2018, gas exports to Serbia totaled 1.2 billion cubic meters, an increase of 5.3 per cent from the same period of 2017.
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2018, July, 16, 10:35:00
CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN
AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.
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2018, July, 16, 10:30:00
LIBYA'S OIL DOWN 160 TBD
REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.
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2018, July, 16, 10:25:00
BAHRAIN'S GDP UP 3.2%
IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.
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2018, July, 16, 10:20:00
NIGERIA'S GDP UP 2%
IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.
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2018, July, 16, 10:15:00
BRAZIL'S GDP UP 1.8%
IMF - Following the severe recession in 2015−16, real GDP grew by 1 percent in 2017. Growth is projected to be 1.8 and 2.5 percent in 2018 and 2019, respectively, driven by a recovery in domestic consumption and investment. Even if federal expenditure remains constant in real terms at its 2016 level, as mandated by a constitutional rule, public debt is expected to rise further and peak in 2023 at above 90 percent of GDP.
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2018, July, 16, 10:10:00
CHINA'S COAL IMPORTS UP 10%
PLATTS - China imported 146 million mt of coal and lignite in the first half of 2018, up 9.9% from the previous year and a three-year high, according to preliminary data released Friday by the General Administration of Customs. In June China imported 25.5 million mt of coal, up 17.9% on the year and 14% on the month from 22.3 million mt in May, the data showed.
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2018, July, 16, 10:05:00
RUSSIAN COAL UP 4%
PLATTS - Russian miner SUEK (Siberian Coal Energy Company) produced 55.6 million mt of coal in the first six months of 2018, which was an increase of 4% on the year, according to a statement from the company late Thursday.