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Iran Prepares To Boost Gas Exports
...is was a significant fall from 2014 when Turkey imported 8.9bcm of Iranian gas out of 9.6bcm total exports. 2016 exports to Turkey look to have fallen slightly to 7.7bcm, presuming the last two months’ numbers are in line with normal seasonal trends. Turkey and Iran have a 10 bcm/year gas sales ag...
Volume: 60Issue: 02Published at Fri, 13 Jan 2017 -
KRG Set For Modest Oil Output Gains After Painful 2016
...December 2013) but a series of flops have kept output at an average of around 2,500 b/d since June 2014 start-up. Production did edge up to 3,100 b/d in the fourth quarter 2016 but it has since fallen back to 3,000 b/d. Production from Zeg-1 is “currently constrained” to 1,500 b/d of 35.5° API cr...
Volume: 60Issue: 02Published at Fri, 13 Jan 2017 -
Aramco Awards Ras Tanura Clean Fuels, Seals Indonesia Deal
...0,000 t/y - Toluene 70,000 t/y RAS TANURA REFINERY OUTPUT ('000 B/D) 2015 2014 2013 20...
Volume: 60Issue: 02Published at Fri, 13 Jan 2017 -
Saudi Cuts Deep To Boost Prices, But Will US Shale Pocket The Gains?
...is has supported crude prices, with Brent trading at around $56/B as MEES went to press. With their revenue streams in tatters and mounting budget deficits – MEES calculations show that 2016 Opec oil export revenues were less than half 2014 levels and down 17% on 2015 (MEES, 6 January) – the cl...
Volume: 60Issue: 02Published at Fri, 13 Jan 2017 -
Dubai Edges Up Spending
...20. Upcoming events like Expo 2020 and the expected increase in infrastructure spending could help reverse Dubai’s recent economic slowdown, which saw the real estate market in summer drop by around a quarter since the most recent peak reached in 2014 (MEES, 29 July 2016). “The greater diversification of...
Volume: 60Issue: 02Published at Fri, 13 Jan 2017