Qatargas Signs 22-Year Deal to Supply LNG to China
Qatargas announced on September 10 that it agreed a 22-year supply deal with China for the shipment of 3.4 million tons of liquefied natural gas (LNG) per year.
China | Egypt Oil & Gas - Part 14
OPEC Secretary-General: Oil Consumption to Hit 100M b/d This Year
Global oil demand is expected to reach 100 million barrels per day (b/d) later this year, much earlier than previously expected, OPEC Secretary-General Mohammad Barkindo stated on September 5.
Iraq, China Joint Venture Deal by November
Iraq’s state oil marketer SOMO is closing in on a deal with China’s state-run Zhenhua Oil for a joint venture to help boost Iraqi oil sales to China, the world’s top oil importer.
Hamrawein Coal Plant Agreement to Be Signed in September
The Egyptian Electricity Holding Company (EEHC) is expected to sign the final contracts for the $4.4 billion, 6 GW Hamrawein coal-fired power plant in September.
China Reveals $20B Loan Package for MENA Countries
Chinese President Xi Jinping on Tuesday pledged $20 billion in loans, and about $106 million in financial aid, to Middle East nations.
Saudi Aramco Executive Details Downstream Plan
Saudi Aramco is looking to expand its investments in refining and petrochemicals to secure new markets for its crude, and has identified growth in chemical industries as strategic in combating the risk of a slowd ...
Chinese Firm To Invest $2B In Iran Oil Refinery
A Chinese investment firm will spend $2 billion on building an oil refinery in the northern Iranian province of Mazandaran.
Asian Imports of Iranian Oil Hit Two-Month Low
China, India, Japan, and South Korea imported a total of 1.63 million barrels per day (mb/d) in February, the lowest levels since December and a 20% decline from February 2017.
CNCP Buys Stakes in Abu Dhabi Concessions for $1.18B
China National Petroleum Corporation has bought two stakes in Abu Dhabi's offshore fields worth $1.18 billion from the Abu Dhabi National Oil Company.
Saudi Aramco to Supply China’s Huajin with 12 M Oil Barrels
Saudi Aramco has approved providing 12 million barrels of crude oil to China’s Huajin Chemical Industries Group Corporation based on an annual deal.
