Green Car Congress

JANUARY 13, 2012

Japan-based INPEX Corporation and its joint venture partner Total have made the final investment decision (FID) for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Total Gas & Power Limited, the gas trading subsidiary of Total, will also purchase 0.9

Australia 210

Australia United Arab Emirates Yemen Angola 210

Green Car Congress

AUGUST 12, 2015

Even when we look at the refining sector, we see that the oil kingdom has been following a similar strategy of flooding the markets with refined fuel. million barrels of low sulfur diesel to the European and Asian markets. Saudis are now reducing their crude oil price hikes in Asia in order to save their market share.

Oil Prices 150

Oil Prices Saudi Arabia Oil Price 150

Green Car Congress

DECEMBER 31, 2011

More than 85% of the crude oil exports flowing through the Strait went to Asian markets, with Japan, India, South Korea, and China representing the largest destinations, EIA said. The Abqaiq-Yanbu natural gas liquids pipeline, which runs parallel to the Petroline to the Red Sea, has a 290,000-bbl/d capacity. —US EIA.

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Oil Panama Saudi Arabia United Arab Emirates 297