Asian refiners urged to avoid the Red Sea and receive Saudi crude at Egyptian ports
2026-08-18 14:02:54
According to CoinMeta, Asian refiners are requesting to avoid the Red Sea and receive Saudi crude oil at Egyptian ports. In addition, two departments in our country expect that by 2030, the domestic supply of oil and gas will reach 440 million tons of oil equivalent, with an additional 20,000 kilometers of long-distance oil and gas pipelines to be built. Vietnam has imported diesel produced in India directly through traders for the first time in eight years, and Indian startups anticipate that the annual growth rate for industrial and commercial clean energy demand will be at least 15% over the next decade. Azerbaijan's oil production decreased by 3% from January to July compared to the same period last year. Trump's special envoy for Venezuela affairs is promoting "America First" oil transactions. The Foreign Policy Institute has raised its rating of the global energy industry from "unfavorable" to "neutral." Saudi Arabia is supplying oil near the coast of Oman, and its transshipment strategy may be quietly being adjusted. Libya is seeking up to $40 billion in funds to develop its oil and gas resources. The Caspian Pipeline Consortium expects to transport 33.35 million tons of crude oil in the first half of 2026, and 36.024 million tons in the first half of 2025.
Source:Jin10 Data
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