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January 5, 2020
Imports of petroleum derivatives increased four percent to four million tons in the first half of 2019 compared with the same period of the previous year. The value of these imports varies according to changes in global oil prices. It totaled $4 billion in 2018. Click here to Read more about:
• the Estimated Offshore Natural Gas • the Local Demand for Petroleum Products • the Import of Petroleum Derivatives • the Requirement for Offshore Oil and Gas Exploration and Development • the short term measures • the long term measures
* P.S: According to the Ministry of Energy & Water and Total, the drilling of the offshore oil and gas exploration in block 4 is expected to start in February 2020.
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