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Egypt Extends Deadline On Key Offshore Block
...der-performance – the WND Phase-1 Libra and Taurus fields which came online in 2017 are no longer producing while Phase-2 Giza and Fayoum have dwindled to 250mn cfd – has left substantial ullage at the pipelines and onshore processing facilities. These processing facilities near Idku adjoin those us...
Volume: 65Issue: 02Published at Fri, 14 Jan 2022 -
Qatar Holds Off US To Remain Global No.2 LNG Exporter
...rgest LNG market, emerged as Qatar’s largest buyer in 2021 (see chart 2), with Qatar shipping 11.46mn tons there according to Kpler. Korea had been the largest market for Qatar since 2017, but when its demand cratered in 2020 during the height of the Covid-19 pandemic, the East Asian country was ov...
Volume: 65Issue: 02Published at Fri, 14 Jan 2022 -
South Korea Crude Imports: Mideast Volumes Slump To 25-Year Low For 2021
...ddle East suppliers. From a market share of over 80% to 2017, Gulf countries’ share fell to 69% for 2020 (MEES, 15 January 2021) and slumped again to a record low 60% for 2021. In absolute terms the 1.576mn b/d that Korea imported from the Gulf last year was the lowest since 1996 (see ch...
Volume: 65Issue: 02Published at Fri, 14 Jan 2022 -
Taiwan: 2021 Sees Mideast Imports Rebound From 2020’s Record Lows
...are a six-year high. Saudi Arabia supplied 282,500 b/d, up 38% year-on-year for the highest quarterly figure since Q1 2020, whilst number two Kuwait was up 66% at 202,500 b/d for the highest quarterly figure since 2017. *In contrast, whilst the USA retained number three spot for Q4, volumes of 10...
Volume: 65Issue: 02Published at Fri, 14 Jan 2022