In March 2009, Brazil adopted the much-awaited Gas Law; regulating the transportation of natural gas. The Gas Law establishes a 30 year concession regime, bringing enhanced security for private companies to enter the market for transportation and storage of natural gas.
This article discusses Argentine energy markets, covering the growing role of natural gas, primary energy consumption and the refining sector.
South America has an impressive total of gas reserves and is increasing its production, however, the region is continually facing problems despite its desire to expand and develop.
India currently has 19 refineries with a total capacity of 3.76 million bpd and gasoline and automotive diesel account for 50% of total domestic refinery production in the country. Delhi is currently the CNG capital of the world.
Nippon Oil has decided to construct a new refinery in Japan with partner SK Energy.
Saudi Aramco Total Refining and Petroleum Company has begun awarding EPC contracts for the Jubail refinery.
East Asia continues to be a vital region for the world economy and the world energy market. This article looks at the four major East Asian economies, their energy markets, and their hydrocarbon processing industries.
India has ambitions to become the hub for petroleum products exports. The export potential coupled with the additional capacity additions and new refineries provide a unique opportunity for potential investors.