The three most closely watched Oil Market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global Oil supply will outweigh demand.
East and Southeast Asia is the major consumer of the Middle East Gas Condensate. Iran plans to reduce its Gas Condensate export to zero by increasing Condensate processing capacity.
Two key ministerial meetings of the Organization of the Petroleum Exporting Countries convened In 2018 were the among the most significant oil developments of last year.
TEHRAN (Shana) -- The President said that 15 South Pars projects were completed under his administration, while in previous administrations only 10 phases were completed, adding that the commissioning of national projects shows that Iran's economy is large and resilient under the sanctions.
