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Sonatrach’s $40bn Five-Year Plan: Spending Is Not Enough
...S 2016 HIGH SOURCE: JODI, MEES. 3: ALGERIA COMPLETED CLOSE TO 1300 DEVELOPMENT WELLS BETWEEN 2011 AND 2019 SOURCE: SONATRACH, MEES. 4: ALGERIA MADE 271 OIL AND GAS 'DISCOVERIES' BETWEEN 2011 AND 2020 ENDLESS EXPLORATION Algeria’s rig co...
Volume: 64Issue: 02Published at Fri, 15 Jan 2021 -
Korea, Taiwan 2020 Crude Imports: Volumes Down, Mideast Down Further
...nual figure since 2011, with Q3’s 284,000 b/d the lowest quarterly figure since 2010. Number three Iraq saw volumes fall 34% to a six-year low 220,000 b/d, whilst number four the UAE saw a 15% fall to 206,000 b/d. *As recently as 2017, Iran was Korea’s number three supplier (behind Kuwait). Bu...
Volume: 64Issue: 02Published at Fri, 15 Jan 2021 -
Qatar Keeps Crown As Largest LNG Exporter For 2020
...art 3). India emerged as Qatar’s largest LNG client last year (see chart 4), taking 10.8mn t/y as it outstripped No.2 South Korea for the first time since 2011. Four of Qatar’s top five buyers last year were from Asia. The UK grabbed the fifth spot, but according to Kpler, Qatar’s most recent shipment th...
Volume: 64Issue: 02Published at Fri, 15 Jan 2021