World oil supplies in January increased by 590 thousand b / d-IEA

16:33 15.02.2021 4016

https://oilgas.gov.tm/storage/posts/1639/original-160255b1881480.jpeg

Global oil supplies rose by 590,000 barrels per day in January to 93.6 million barrels per day, as production cuts by OPEC+ members eased and countries outside the deal increased production, according to a report by the International Energy Agency (IEA), INTERFAX reports.

The IEA forecasts that global output will fall in February as Saudi Arabia implements a significant voluntary reduction. "Prospects are improving for countries outside the OPEC + alliance: in 2021, an increase of 830 thousand b/d is expected, compared with a loss of 1.3 million b/d in 2020," the agency writes.

The IEA expects that OPEC+ countries will gradually ease production cuts in the second quarter - a decline in production of 5.8 million barrels per day (compared to production in October 2018). In this case, OPEC+ production, according to the IEA, will grow by about 800 thousand b/d this year.

Other articles
165c480d9ab92a.jpg
Spanish delegation will visit Turkmenistan in March to develop investment cooperation

In March, a Spanish delegation will visit Turkmenistan to discuss opportunities for investment cooperation, reports the website of the Turkmen diplomatic mission in the Russian Federation.


160ec26656ba29.gif
The industry meeting summed up the results of the fuel and energy complex for 6 months

Today, a reporting meeting was held in the Central building of the oil and gas complex of Turkmenistan. The results of the work of the enterprises of the industry for January-June 2021, the motto of which is “Turkmenistan - the Homeland of Peace and Trust”, were discussed.


165c5aad51cc3d.jpg
The President of Turkmenistan congratulated Ilham Aliyev on his victory in the early presidential elections in Azerbaijan

President of Turkmenistan Serdar Berdimuhamedov sent sincere congratulations to his Azerbaijani counterpart Ilham Aliyev on the occasion of his landslide victory in the presidential elections in the Republic of Azerbaijan.



160ed1f4dbd4cb.jpeg
Preparation of gas networks for the winter season begins in Dashoguz region

Gas workers of the Dashoguzgazupdzhunchilik gas business enterprise located in the S. Turkmenbashi etrap, along with the work on gasification of the region settlements and maintenance of gas networks, have begun preparations for the winter season.