Tuesday, December 30, 2014

US eased the ban on oil exports – Kommersant

US eased the ban on oil exports – Kommersant


                             
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US eased the ban on the export of crude oil produced on American soil, the government announced on December 30 the Bureau of Industry and Security. At the request of the regulator, he gave some companies a license to export condensate – ultra-light form of crude oil, production of which is particularly strong in the United States has grown in recent years. Company names are not specified, reports “RIA Novosti”. In addition, the US administration has clarified a number of technical issues, explaining what sort of oil it allows to export. In general ban on the export of hydrocarbons, introduced about 40 years ago in response to the Arab oil embargo and price growth persists.

 
 
 
 
 
 
 
 
 
 
 
 
 
 

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