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Август
2020

Biggest Weakness of Global Oil, Gas Industry - Dependence on PRC

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Baku/24.08.20/ Turan: China is the second largest consumer of crude oil, most of which it imports, and the second largest importer of LNG in the world.This has made the country a natural center for oil and gas development strategies. In every forecast of oil and gas demand, China in particular and Asia in general is inevitably taken into account as engines of future growth. The pandemic hasn't changed that.The problem is that this growth will not be as strong as analysts ...



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