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China s Crude Oil Imports from Saudi Up 8 8% in March

Wednesday, 21 April, 2021 - 07:15 A compressing station run by Sinopec is seen at Fuling shale gas field in Chongqing, China December 13, 2017. REUTERS/Chen Aizhu/File Photo London - Asharq Al-Awsat China s crude oil imports from top supplier Saudi Arabia rose 8.8% in March from a year earlier, driven by strong demand and as shipments delayed due to a port congestion finally arrived. Imports from the United Arab Emirates also rose again, up 86%. Shipments from Saudi Arabia were 7.84 million tons, equivalent to 1.85 million barrels per day (bpd), data issued by China s General Administration of Customs showed on Tuesday, versus 1.7 million bpd a year earlier. The imports, however, slowed from 1.94 million bpd in February.

China s Sinopec wins a contract to develop Mansuriya gas field – oil ministry

By Reuters Staff 1 Min Read BAGHDAD, April 20 (Reuters) - China’s Sinopec has won a deal to develop Iraq’s Mansuriya gas field near the Iranian border, the oil ministry said on Tuesday. Last year Iraq cancelled a contract signed with a group led by the Turkish Petroleum Corp (TPAO) to develop the Mansuriya field and decided to invite international energy companies to compete to develop it. (Reporting by Ahmed Rasheed, editing by Louise Heavens)

Turkish Energy Firm Weighs Partners for $3 2 Billion Gas Project

Feb 09 2021, 12:13 PM February 08 2021, 12:08 PM February 09 2021, 12:13 PM (Bloomberg) Turkey’s state-owned oil and gas company is considering partnerships and plans to raise funding this year to carry out work on the biggest natural gas discovery in the Black Sea, according to people with knowledge of the matter. (Bloomberg) Turkey’s state-owned oil and gas company is considering partnerships and plans to raise funding this year to carry out work on the biggest natural gas discovery in the Black Sea, according to people with knowledge of the matter. Turkish Petroleum Corp. has made preliminary contact with several international oil firms, including some of the majors, to jointly produce gas from the offshore field, said the people, who asked not to be identified because deliberations are confidential. The negotiations may not result in any ventures and the Ankara-based company may still go it alone, they said.

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