World oil supplies in January increased by 590 thousand b / d-IEA
11:33 15.02.2021 5183
Global oil supplies rose by 590,000 barrels per day in January to 93.6 million barrels per day, as production cuts by OPEC+ members eased and countries outside the deal increased production, according to a report by the International Energy Agency (IEA), INTERFAX reports.
The IEA forecasts that global output will fall in February as Saudi Arabia implements a significant voluntary reduction. "Prospects are improving for countries outside the OPEC + alliance: in 2021, an increase of 830 thousand b/d is expected, compared with a loss of 1.3 million b/d in 2020," the agency writes.
The IEA expects that OPEC+ countries will gradually ease production cuts in the second quarter - a decline in production of 5.8 million barrels per day (compared to production in October 2018). In this case, OPEC+ production, according to the IEA, will grow by about 800 thousand b/d this year.
Chairman of Halk Maslahaty of Turkmenistan and Prince of Monaco discussed the prospects for multifaceted cooperation
Chairman of Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov met with Prince Albert II of Monaco, and discussed the prospects for international cooperation and development of bilateral ties in various fields, TDH. Discusses the possibilities of cooperation and relevant aspects of international policy, the parties reaffirmed their commitment to expanding the constructive partnerships, including within the framework of authoritative structures.
The President of Turkmenistan discussed with the Minister of Energy of the UAE the priorities of cooperation in the field of energy
On Wednesday, Turkmen President Serdar Berdimuhamedov discussed cooperation in the energy sector, which is a strategic sector of the economies of both countries, with UAE Minister of Energy and Infrastructure Suheil Al-Mazrui.
Gurbanguly Berdimuhamedov congratulated Turkmen horsemen on winning the Gold Award at the International Festival in Monte Carlo
Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov congratulated the participants of the «Galkynysh» National Equestrian Games Group on winning the Gold Award at the International Festival of Circus Arts in Monte Carlo in Monaco.
Successful development of the promising Uzynada area continues
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the ongoing measures to develop the promising Uzynada area in the Balkan region and expand its borders at a government meeting last Wednesday.
Chairman of the Halk Maslahaty of Turkmenistan is paying a visit to the Principality of Monaco
The National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov departed for a visit to the Principality of Monaco on January 19, TDH reports.