This would cut the oil export earnings of adversary nations like Iran, Russia, and Venezuela by 70%.
If the regime actually proceeds with LNG exports, oil export decline will accelerate for lack of reinjection gas.
This includes the five-year plans, misallocation of resources, loss-making state enterprises, subsidized consumption, corruption and oil export dependence that doomed the Soviet experiment.
Orphaned as a child, Abramovich dropped out of college, then made fortune in a series of controversial oil export deals in early 1990s.
Many of the petroleum products refined at Mazeikiai are shipped out to Western Europe through the Klaipeda oil export terminal, a port sixty miles away.
They have never agreed on the transit fees that Juba should pay Khartoum for pumping oil through its pipelines and using Sudan's oil export infrastructure.
The strong growth of the Venezuelan economy is almost solely based on the oil export revenues and fiscal measures, which have further strengthened this dependency.
Accountants KPMG, who carried out the review on behalf of the board, expressed concern about the occupation authority's recording of cash receipts and oil export revenue.
Abramovich was orphaned as a child and dropped out of college, then made his fortune in a series of controversial oil export deals in the early 1990s.
OPEC's 11 members -- Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela -- are heavily reliant on oil export revenues.
The US construction market should start to pick up at least a little in 2011, and construction in Saudi Arabia and other oil exporters may well rise with increasing oil export revenue.
The reward Iraq now has been encouraged to expect is the lifting of the oil export embargo, which was meant to force Iraq not only to give access to U.N. inspectors but also to comply with other important provisions of the cease-fire agreement that ended the Gulf War.
It has slashed local energy demand, reducing chronic pollution and leaving more oil for export.
The expected increase in manufacturing capacity would come largely from increased plastics capacity and an expansion in refining extra-light oil for export.
Until recently, the country - which is a minor oil producer - was unable to export oil from its existing fields in the north and east of the country because of a Western embargo.
But what is the rationale, especially since they are not exporters of oil and the fact that when other countries that do export oil, particularly like in Nigeria, gas prices go up -- why now?
Second both companies are considering the possibility of an oil pipeline from the vast oil resources of the Orinoco to the Colombian Pacific coast to export oil to China.
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Oil imported for export purposes: in 2011, the US exported 0.5 mm bpd in refined petroleum products.
With domestic consumption climbing and production falling, these countries have less oil available for export every year.
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Even Malaysia and Indonesia, which export oil, will suffer in the longer run from the slowing world economy.
The thing is, if there is no Keystone XL, Canada will find other ways to export oil from its vast oil sands.
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South Oil Co. doesn't have any place to store the residual oil until the export terminal in the Persian Gulf is operating.
What happens to petrodollars that end up in banks' coffers is of particular interest to emerging economies that do not export oil.
These two events are related, in my view, because the U.K. has overspent with various government programs based on the ability to export oil.
The country felt the brunt of the crisis in comparison with its big emerging market peers because Russia is dependent on oil and gas export revenues to fill government coffers.
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In the meantime, the UN does allow Iraq to export oil to pay for imports of food and medicine (an arrangement known as oil-for-food), although it keeps control of the finances.
For example, if Canadian jobs are being created to export oil to China while Canadians themselves consume some other form of energy, that's still a net increase in employment from tar sands.
And so, referendum optimists have been telling me since springtime, the bidding wars for both the oil and the export pathways would provide the new state with all the economic autonomy and prosperity it needed.
Is this administration asking countries in Africa that support -- that I guess export oil to us -- is this administration asking Canada, is this administration asking Mexico, is this administration asking Saudi Arabia to increase their output to keep prices down?
The Bush administration had argued strongly for a new system because the present one does not work: Iraq has found ways to export oil without UN oversight, life remains miserable for ordinary Iraqis, and there is next to no hope of resuming arms inspections, the ostensible aim of the whole arrangement.
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