14 October 2024
14 October 2024
The Chinese state company also recently discovered one of the world’s first large ultra-shallow gas fields in ultra-deep water.
The move aims to restrict Iran’s access to resources that could fund its activities in the region.
The mini-liquefied natural gas (LNG) plants will cater to users such as power plants, fertiliser units and city gas retailers.
The country is planning to expand its position as a liquefied natural gas (LNG) trader, despite domestic demand for the fuel experiencing a gradual decline.
The new vessel, which will be constructed by Hudong-Zhonghua Shipbuilding in China, is expected to be delivered by the end of 2026.
BPCL is in the preliminary phase of establishing a refinery to cater to the country's escalating energy needs and is currently finalising a location for this venture.
Despite circularity not fitting easily into the oil and gas industry, more recycling and less waste is something the big players need to accept.
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