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Your name and surname + your telegram nick (@ivanivanov)
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1. After hydrocarbons have been produced and kept in the ....................., they must be sold.
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2. Crude oil is a quite stable substance and can easily be transported to the..................... point.
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3. Oil can be transported by ....................., truck, barge or railcar.
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4. In most onshore fields oil can be sold directly from the ..................... once the operations enter the production phase.
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5. Unlike liquids, gas can be compressed and therefore large quantities can be kept and transported in special ....................., natural gas can even be liquefied.
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6. LNG (liquefied natural gas) technology allows decreasing gas ..................... considerably by..................... it to the temperature of – 160 0C.
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7. The oil exchanges control global oil prices via oil ..................... contracts on two grades of crude oil: West Texas Intermediate and North Sea Brent.
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8. Major oil producers including Russia and Nigeria use Brent as a ..................... for pricing the crude oil they produce.
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9. Brent is a key crude blend for the ..................... market.
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