Fitch has raised its forecast for oil prices for the coming years
21:24 09.12.2021 3837
The international rating agency Fitch Ratings has raised its forecasts for oil prices for the near future, follows from the December report of the Global Economic Outlook (GEO), Interfax reports.
Analysts expect Brent crude at the end of 2021 to average $71 per barrel against the expected $63 per barrel in September.
The estimate for the next year was raised to $70 per barrel from $55, for 2023 – to $60 from $53 per barrel.
The average price level for 2020 was $43.3 per barrel, for 2016-2020 - $55.8 per barrel.
Aviation kerosene and liquefied gas sold to foreign buyers at the auction
Last week, 20 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
Representatives of Turkmenistan and Pakistan to discuss TAPI projects and power lines in Islamabad
From January 30 to February 4, deputy minister of Foreign Affairs of Turkmenistan Vepa Khadzhiev was seconded to Islamabad, the capital of Pakistan, to conduct comprehensive negotiations on energy projects. The corresponding order was signed by President Gurbanguly Berdimuhamedov during the government meeting held on Friday.
Maxim Bortnikov – Managing Director at the Center for the Implementation of the Principles of Sustainable Development of Gazprombank:
“The theme of the International Conference held in Ashgabat is rather topical, as evidenced by the composition of its participants, including representatives of government agencies, large international organizations, banks, big gas companies, scientists, leading specialists and experts in the oil and gas sphere.
The mysterious gas crater has its own real story
The President of Turkmenistan, speaking on January 7 at the first meeting of the Government this year, ordered to find a solution to extinguish the gas crater that has been burning for more than 50 years in the very center of the Karakum desert.
More than 1.8 million tons of "black gold" were shipped to TCOR in five months
The specialists of the main oil pipelines department have achieved good results in the delivery of "black gold" mined in the Balkan region to TCOR.