Saudi Arabia may ship gas to South Korea where it will be used to make hydrogen, and the carbon dioxide produced in the process will be transported straight back to the kingdom.
Each year, Britain’s oil refineries send millions of barrels of surplus gasoline across the Atlantic to fuel America’s cars. The vital export trade appears to have stopped in June.
President Vladimir Putin has said that Russian gas supplies to Europe via Ukraine may continue even after the launch of a prospective Germany-bound pipeline under the Baltic Sea.
The Shah Deniz consortium has reached an important milestone and approved the decision to start front end engineering and design (FEED) on the estimated $25billion Shah Deniz Stage 2 project.