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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The project will produce 37,610 barrels per day (bbl/d) of GTL diesel, GTL kerosene, GTL naphtha and LPG using natural gas supplied by Uzbekneftegaz from the Shurtan fields. The majority of production will be GTL diesel and GTL kerosene. The technology used is similar to that of the pioneering ORYX GTL plant in Qatar.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. While the IEA projects surplus production will begin to recede in 2H 2016, they are suffering now (and in any case, it is a projection). Market” forces include many components. . respectively.

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Oil Prices Running Out Of Reasons To Rally

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Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. by Nick Cunningham of Oilprice.com. mb/d in December to 2.7