Western Asia oil and gas tenders

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Petroleum, also known as crude oil and oil, is a naturally occurring, yellowish-black liquid found in geological formations. It is commonly refined into various fuels and chemicals. Components of petroleum are separated by means of distillation. Petroleum mainly consists of hydrocarbons as well as traces of other organic compounds. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that are made up of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Fuel oil (also known as heavy oil, marine fuel, bunker, furnace oil, or gasoil) is a fraction obtained from the distillation of petroleum (crude oil). It includes distillates (the lighter fractions) and residues (the heavier fractions). Oil has many uses; it heats homes and businesses and fuels trucks, ships, and some cars. A small amount of electricity is produced by diesel, but it is more polluting and more expensive than natural gas. It is often used as a backup fuel for peaking power plants in case the supply of natural gas is interrupted or as the main fuel for small electrical generators.

Western Asia, West Asia, or Southwest Asia, is the westernmost subregion of the larger geographical region of Asia, as defined by some academics, UN bodies and other institutions. It is almost entirely a part of the Middle East, and includes Anatolia, the Arabian Peninsula, Iran, Mesopotamia, the Levant, the island of Cyprus, the Sinai Peninsula, and partly the Caucasus Region (Transcaucasia). Out of the 21 countries located fully or partly within the region, 13 are a part of the Arab world. The most populous countries in Western Asia are Iran, Turkey, Iraq, Saudi Arabia and Yemen. The economy of Western Asia is diverse and the region experiences high economic growth. Turkey has the largest economy in the region, followed by Saudi Arabia and Iran. Petroleum is the major industry in the regional economy, as more than half of the world's oil reserves and around 40 percent of the world's natural gas reserves are located in the region. Countries in Western Asia - Armenia, Azerbaijan, Bahrain, Cyprus, Georgia, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syrian Arab Republic, Turkey, United Arab Emirates, and Yemen.