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Qatar Inks Major LNG Contract With Kuwait
...awater were rejuvenated in the first half of 2019 (MEES, 10 May 2019). However, the projects have again been cancelled, with Kuwait Authority for Partnership Projects (KAPP) telling MEES it hopes they will be retendered soon. KUWAIT LNG IMPORTS (MN T/Y) HAVE DIPPED FROM THEIR 2017 HIGH, WHILE QATAR'S MA...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Global LNG: China Challenges Japan As Top Importer
...certainties suggests that Japan is likely to retain top spot for 2020 at least. *China’s 2019 gains are well down on 2018’s whopping 40%. Indeed, the key winter for the coal-to-gas heating switch was 2017-18. Year-on-year gains in LNG imports peaked at 59% in Q1 2018 and have fallen in every quarter si...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Gulf States Call For De-Escalation Of Regional Tensions
...ES, 8 December 2017). Saudi Arabia’s deputy minister of defence Khalid bin Salman – brother of de facto leader Muhammad bin Salman – wrote on Twitter on 8 January that “the Kingdom and its leadership always stand with brotherly Iraq and its dear people,” adding that Saudi Arabia “will do everything in...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Egypt: BP’s Raven Delayed
...re brought online in March 2017 but saw output rapidly decline, falling from 640mn cfd for 2017 to 380mn cfd for 2018 (MEES, 15 March 2019). BP hopes overall WND plateau output will reach 1.4bn cfd once all three phases are brought online. This equates to 22% of Egypt’s current 6.3bn cfd gas ou...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Tunisia Gas Output At Record Lows
...the region, implements a 2017 agreement to over pay and working conditions. ...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
US LNG Exports Hit New Record
...ns for 11M19, already well ahead of 2018’s annual record of 2.35mn tons) a clear second. China, with 1.99mn tons was the US’ second largest overseas market in 2017 after South Korean) volumes collapsed in the second half of 2018 with the onset of a still-ongoing trade dispute; just four cargoes sa...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Taqa Completes $3.5bn Refinancing
...ter oil prices collapsed in 2014. This focused on cutting capital expenditure and reducing debt (MEES, 17 November 2017). Taqa’s main business segments are power and water, mainly in the UAE but also internationally, as well as upstream oil and gas. Upstream Taqa has producing operations in Iraqi Ku...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020