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Aramco Is World’s Largest LPG Manufacturer

Saudi Aramco's Uthmaniyah Gas Plant. (Aramco)
Saudi Aramco's Uthmaniyah Gas Plant. (Aramco)
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Aramco Is World’s Largest LPG Manufacturer

Saudi Aramco's Uthmaniyah Gas Plant. (Aramco)
Saudi Aramco's Uthmaniyah Gas Plant. (Aramco)

Saudi Aramco is the world’s largest manufacturer of Liquefied Petroleum Gas (LPG), found the Liquefied Petroleum Gas (LPG) Market New Research Insight Report 2023 by Precision Reports.

The companies that follow Aramco are Chinese Sinopec, Emirati ADNOC, China National Petroleum Corporation, Exxon Mobil, Kuwait National Petroleum Company, and Phillips 66 Company, which is an American multinational energy headquartered in Houston, Texas.

Also on the list are Indian Bharat Petroleum, Mexican Pemex, French Total, Qatar Petroleum, Norwegian Equinor, BP, Russian Gazprom, American Chevron, and ConocoPhillips Company, which is a Houston-based American multinational corporation engaged in hydrocarbon exploration and production.

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Putin, Al-Sudani Discuss OPEC+ Coordination on Oil Price Stability

Russian President Vladimir Putin
Russian President Vladimir Putin
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Putin, Al-Sudani Discuss OPEC+ Coordination on Oil Price Stability

Russian President Vladimir Putin
Russian President Vladimir Putin

Russian President Vladimir Putin and Iraqi Prime Minister Mohammed Shia al-Sudani on Thursday discussed the importance of coordination between OPEC and OPEC+ members on oil price stability in a manner that guarantees fair prices for exporters and consumers.

Putin held a phone call with al-Sudani during which they discussed the OPEC+ oil agreement and the situation in the Middle East, the Kremlin said.

The telephone conversation came days prior to an OPEC+ key meeting expected early next month.

Reuters said that OPEC+ may push back output increases again when it meets on Dec. 1 due to weak global oil demand, according to three OPEC+ sources familiar with the discussions. Ministers last shelved the increase for a month when they met virtually on Nov. 3.

In a statement, the Kremlin on Thursday said Putin and Al-Sudani touched upon various aspects of coordination as part of OPEC+, a format that helps maintain stability in the global oil market, and reaffirmed the importance of continuing to coordinate steps in this format.

The Middle East issues were also mentioned in light of the unprecedented escalation of tensions in the region, it added.

The parties also agreed on further contacts at various levels, the statement said.

Later, Al-Sudani’s office said the phone call touched on energy-related matters, highlighting the importance of coordination among all concerned countries within OPEC and the OPEC+ group to stabilize oil and gas prices, ensuring fair pricing for both producers and consumers.