The IEA lowered its forecast for global oil demand in 2021 by 100 thousand b / d
11:27 15.02.2021 6029
The International Energy Agency (IEA) has lowered its forecast for global oil demand in 2021 by 100 thousand b / d, to 5.4 million b/d.
Global demand this year will reach 96.4 million b / d, restoring about 60% of the volume lost as a result of the pandemic in 2020, the agency writes in its report, INTERFAX reports.
While oil demand is expected to fall by 1 million bpd in the first quarter of 2021 compared to the fourth quarter of 2020, a favorable economic outlook underpins stronger demand in the second half of the year, the IEA said.
Oil prices fall and end the week in the red, Brent - $108.84 per barrel
Oil prices fall on Friday, ending the week with a decline amid fresh signals that the US economy is slowing down and demand for energy resources may decline, Interfax reports.
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan
Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation
On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.
Turkmenenergo will sign a contract with a Turkish company for the construction of the first solar-wind power plant in Turkmenistan
The State Electricity Corporation «Turkmenenergo» will conclude with the company «Çalik Enerji Sanaýi we Tijaret A.Ş.» (Turkey) contract for the design and construction of a solar and wind power plant with a capacity of 10 MW. The corresponding Resolution was signed by President Serdar Berdimuhamedov.
