The main importer is the USA. The U.S. government approved a deal to sell Saudi Arabia 153 tanks, several hundred machine guns and other weapons for a total amount of 1.15 billion dollars. According to the Pentagon, the deal includes the sale of 133 tanks “Abrams”, 266 М240 machine guns …
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Rosneft expects to reach total shipments to China by 2038, more than 800 million tons Russia is undermining the position of Saudi Arabia in the market of oil supplies to China. From may 2015 the delivery of Russian oil to China, which is the world’s largest energy consumer exceeded monthly …
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Thieves stole Princess expensive watch.In Paris there was an attack on Princess of Saudi Arabia, where thieves took a watch worth $1.1 million Police quickly arrived on the scene. The attack occurred in the Central part of the city in the second district. As she told the victim that she …
Read More »The liquidity crisis in Saudi Arabia is gaining momentum. To mitigate the situation the country’s Central Bank – Saudi Arabian Monetary Agency – issued to local banks loans. In total under the preferential rate of the Central Bank issued annual credits in the amount of $4 billion for a period …
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Saudi Arabia, the world’s largest oil exporter, has become a leading supplier of “black gold” to China in June of 2016, ahead of Russia holding the lead for the previous 3 months. China in June imported 4,569 million tons of oil from Saudi Arabia, or 1,112 million barrels a day, …
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Price war in the global oil market, it seems, will never end. Saudi Arabia began to sell its huge reserves and the volume fell to the lowest level in 20 months. At the same time, the Kingdom decided to strengthen its tanker fleet, making it the largest in the world. …
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Russia surpassed Saudi Arabia in oil production in may by 2.1 percent. According to Rosstat, published on Thursday, 21 July, Russian oil production rose to 10.46 million barrels per day. However, Saudi Arabia in may, the daily was produced 10.24 million barrels. The total production of the Organization of countries-exporters …
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Saudi Arabia consistently reduces the oil reserves amid rising domestic demand, thus attempting to maintain the level of exports. According to The Wall Street Journal, citing data from the Joint Organisations Data Initiative (JODI, the study group on the oil market from Riyadh). According to JODI, in may 2016 the …
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The East has always surprised us with its strict laws, immutable principles and attitude towards women. Amira al-Tawil 33 — year-old Princess of Saudi Arabia, which fascinates its desire to make the world a better place. Amir beautiful, confident, brave and determined. Engaged in humanitarian problems, not only in Saudi …
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The Bank Apicorp (Arab petroleum investment Corporation) and the national shipping Corporation of Saudi Arabia Bahri will form the investment Fund of $ 1.5 billion to increase oil fleet of the Kingdom to 61 large tankers. On Monday, July 18, Bloomberg reported, citing Minister of energy of the Kingdom Khaled …
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