This trade war has slowed demand for oil in China, but also in Europe and America itself.
Liquid Natural Gas
Saudi Arabia’s Abqaiq plant has restarted and is now processing about 2 million barrels a day, restoring just under half the output lost after the facility was damaged in an attack.
As a world leader in offshore wind and deep sea oil exploration and field development, there is a global demand for UK energy-sector equipment, staff and training, consultancy services. For current and new exporters, contracts can vary between just a few thousand pounds to many millions.
The growth in LNG production will depend on the availability of capital for construction of gasification export facilities and associated infrastructure alongside Asia’s rate of economic development and change towards a world of less carbon to combat global warming.
Saving the planet is a bit like picking fruit off a tree: it gets harder the farther up you climb…