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W.Asia

W.Asia
2020, October, 30, 13:40:00
RUSSIA'S GAS FOR TURKEY 1.37 BCM
Russia was Turkey's top gas import destination, supplying 1.37 bcm of natural gas while Azerbaijan and Iran followed with 986 and 406 mcm, respectively.
W.Asia
2020, October, 28, 14:05:00
EXXON LNG FOR ASIA
ExxonMobil predicts that, by 2030, China’s LNG imports will “probably exceed” 90mn t/yr—50pc growth even from 2019.
W.Asia
2020, October, 28, 13:55:00
U.S., IRAN SANCTIONS ANEW
Iran sanctions relief under a change in US president represents the biggest supply and price impact for global oil markets
W.Asia
2020, October, 27, 14:35:00
INDIA, OPEC COOPERATION
Your Excellency, Prime Minister Modi, OPEC is a reliable partner of India and the great strategy you set out for your esteemed country. Long may this relationship continue to blossom.
W.Asia
2020, October, 27, 14:20:00
GLOBAL INVESTMENT DOWN BY 49%
Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020,
W.Asia
2020, October, 27, 14:10:00
ISRAEL'S RENEWABLE TARGET $24 BLN
This target follows an ILS80bn (US$24bn) plan unveiled in June 2020 and aimed at increasing the share of solar in the power generation to 30% by 2030,
W.Asia
2020, October, 26, 13:55:00
SHAKY OIL MARKET
Saudi Energy Minister Prince Abdulaziz bin Salman, who has warned his counterparts of the market's shaky footing and the need to be proactive on production policy, could very well welcome any lobbying by the Trump administration, if global oil demand prospects do not improve.
W.Asia
2020, October, 26, 13:35:00
U.S., UAE STRATEGIC COOPERATION
To coincide with the first meeting of the new United States-United Arab Emirates Strategic Dialogue, U.S. Secretary of Commerce Wilbur Ross announced the Department is working to conclude two memorandums of understanding with Emirati government agencies promoting foreign direct investment, innovation, and entrepreneurship as well as the expansion of the International Trade Administration’s (ITA) Digital Attaché Program to Dubai, UAE.
W.Asia
2020, October, 26, 13:30:00
U.S., IRAN SANCTIONS: UNLAWFUL
The EU considers the extraterritorial application of unilateral restrictive measures unlawful and contrary to international law.
W.Asia
2020, October, 21, 17:05:00
RUSSIA'S NUCLEAR EXPANSION
Russia's Rosatom has entered a competition to establish a nuclear power plant in Saudi Arabia, as part of Rosatom’s global expansion.
W.Asia
2020, October, 20, 15:40:00
OPEC+ AGREEMENT 102%
The Committee reviewed the crude oil production data for the month of September 2020 and welcomed the positive performance in the overall conformity level for participating OPEC and non-OPEC Countries, at 102 per cent,
W.Asia
2020, October, 20, 15:35:00
OPEC+ STABILIZE OIL MARKET
OPEC and 10 partners are set to ease their 7.7 million b/d collective production cuts by about a quarter to 5.8 million b/d at the start of 2021,
W.Asia
2020, October, 20, 15:30:00
MIDDLE EAST: DOUBLE IMPACT
Real GDP for oil exporters including Saudi Arabia and Iran will shrink 6.6% this year,
W.Asia
2020, October, 19, 14:15:00
TURKEY GAS RESERVES UP
The increase in the reserves is the result of continued drilling to a depth of 4,775 meters in the Tuna-1 well, which located a third reservoir in addition to the two reservoirs identified at around 3,500 meters depth in earlier drilling.
W.Asia
2020, October, 16, 12:55:00
ASIA'S LPG PRICES UP
Asia-Pacific [market] is rallying because of recovering demand, better than in October and ATC was also looking for cargoes, lending support to CPs