Iran activates game plan for oil comeback in 2021 in test for Biden administration
Emboldened by the change in US presidency, Iran is pushing more oil onto the market, even as sanctions remain in place, as it looks ahead to a full return to the global oil market as demand recovers from the pandemic.
Preliminary estimates suggest that Iran many have shipped somewhere between 800,000 b/d to 1 million b/d of crude and condensate last month, largely to China. That is a sharp rise from last year when tough US sanctions enforcement pushed volumes as low as 500,000 b/d in some months, according to industry and shipping sources.
Estados Unidos ya vendió más de un millón de barriles del combustible iraní confiscado el año pasado que iba a Venezuela infobae.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infobae.com Daily Mail and Mail on Sunday newspapers.
About 18 kilometers north of Beirut, the site of a deadly explosion that killed more than 190 people and injured over 6000 last summer, lies an aging thermal power facility that has served beyond its design lifespan. Although it should have been decommissioned by now, the heavy fuel oil (HFO)-powered Zouk power plant and its infamous white and red striped smokestacks remain standing, despite its low efficiency and high operating costs.
For more than a decade, Lebanese officials have had various opportunities to steer away from environmentally harmful energy sources and switch to natural gas. But the plans never got off the drawing board. Having failed to shift to safer fuel sources and reduce polluting facilities, the Lebanese government has pressed on instead with ad hoc policies, and recently has been considering Iraqi fuel oil amid a ravaging financial crisis. However, to persist in purchasing cheap residual fuel oil which is high in sulfur content for power generation, implies
Venezuelan state oil company Petroleos de Venezuela PDVSA.UL completed the first half of a transfer of crude from an offshore oil facility that generated concerns about a potential spill, two people with knowledge of the matter said on Wednesday. PDVSA in December began offloading crude from the Nabarima floating storage and offloading facility (FSO), after .
Five years ago, the United States sanctioned a liquefied petroleum gas (LPG) tanker for involvement in transferring LPG to the port of Baniyas in northwestern Syria. The American action was designed to weaken a network supplying Damascus with energy products but the same vessel continues to visit Syria, with satellite imagery showing that the tanker was at Baniyas as recently as December 2020.
Some of the networks Washington sanctioned in 2015 have developed convoluted tactics to obfuscate their maritime activities and conceal their true ownerships, demonstrating their determination to evade sanctions in murky corners of the shipping industry where lawlessness pervades. The LPG tanker