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  1. Record-Breaking Oman LNG Signs New Sales Deals

    ...G sector over the past seven years has been remarkable. Exports bottomed out in 2015 at just 7.91mn tons amid a narrative of decline as rising domestic demand from the power generation sector crimped feedstock availability. The September 2017 start-up of the 1bn cfd Khazzan tight gas development co...

    Volume: 66
    Issue: 02
    Published at Fri, 13 Jan 2023

  2. Opec Solidifies Gains In 2022 As Saudi Sets Output Record

    ...pacity dropped from 3.15mn b/d in 2017/18 to 2.63mn b/d in 2020/21 according to the latest KOC figures (MEES, 22 October 2021). Kuwait also suffered from the full shut-in of the Partitioned Neutral Zone (PNZ), from where oil output is split with Saudi Arabia, between May 2015 and February 2020 (ME...

    Volume: 66
    Issue: 02
    Published at Fri, 13 Jan 2023

  3. Saudi Crude Exports Rise To Five-Year High In 2022

    ...10.57mn b/d for 2022 (see p7) drove an 800,000 b/d year-on-year increase in the kingdom’s crude oil exports. Figures from data intelligence firm Kpler show that crude exports (excluding Saudi Arabia’s 50% share from the Partitioned Neutral Zone) exceeded 7mn b/d last year for the first time since 2017...

    Volume: 66
    Issue: 02
    Published at Fri, 13 Jan 2023

  4. Can Iraq Use Gulf Football Tournament To Score GCC Investment Hike?

    ...fice. Saudi Arabia’s newfound willingness to deal with its northern neighbor then became more apparent from 2017 (MEES, 27 October 2017). The appointment of Mr Maliki’s close-ally, new Prime Minister Mohammed al-Sudani, has been met with initial wariness from Riyadh (MEES, 18 November 2022), with hi...

    Volume: 66
    Issue: 02
    Published at Fri, 13 Jan 2023

  5. Qatar Takes FID On Huge Petrochemicals Complex

    ...CUS   Qatar first announced plans for this major new petrochemicals venture in 2017, with Mr Kaabi telling MEES in an interview that it was planning a “world-scale” facility to process ethane from its mammoth North Field gas expansion project (MEES, 8 December 2017). This was a major development given th...

    Volume: 66
    Issue: 02
    Published at Fri, 13 Jan 2023