Oil demand in 2021 may recover by 5.5 million bp, while reserves may decline
10:36 12.03.2021 6986
Oil demand in 2021 may recover by 5.5 million b / d, Russian Deputy Prime Minister Alexander Novak said, INTERFAX reports.
According to him, the oil market is currently in a more stable situation, including thanks to the OPEC+deal. Demand is gradually recovering. Last year, it fell in the world as a whole by 20-22 million b/s. During this time, it recovered by about 15-17 million b/s. And this year, we expect the overall recovery in demand to be somewhere around 5.5 million b/d. The final recovery of pre-crisis demand is expected in 2022, " Novak said.
"There is a shortage in the market at the current time, which allows us to reduce the accumulated stock balances. And we expect that this year oil reserves will fall to the average 5-year value," he added.
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.
President of Turkmenistan holds meeting with Petronas management
President of Turkmenistan Serdar Berdimuhamedov visited the headquarters of Petronas, the country's largest oil and gas company, during his official visit to Malaysia on December 18-19. During the meeting, the head of Turkmenistan discussed with the company's management priority areas of bilateral cooperation, the current state and prospects of partnership between Turkmenistan and Petronas in the energy sector, TDH reports.
Turkmenistan and Malaysia intend to deepen cooperation in the energy sector
Following the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Malaysia on December 18-19 and talks with Prime Minister Anwar Ibrahim, a Joint Statement and a package of documents were signed, TDH reports.
Turkmen-American Business Forum Discusses Promising Areas of Mutually Beneficial Partnership
On December 16, the Turkmen-American Business Forum was held in the building of the Chamber of Commerce and Industry of Turkmenistan, during which issues of bilateral cooperation were discussed, and plans for the near future were outlined.
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.