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Suez Canal Boosted By Oil Trade Records
...• 2017 was a standout year for the Suez Canal, with record oil shipments both northbound and southbound. Revenues, at $5.276bn, were second only to the record $5.465bn hit in 2014. • Northbound oil shipments – essentially those from Gulf countries to Europe and the Americas – remain mo...
Volume: 61Issue: 03Published at Fri, 19 Jan 2018 -
Suez Canal Handles Record Gulf Crude, Diesel But Revenues Down In 2016
...RGETING EUROPE 4: NORTHBOUND DIESEL VOLUMES BROKE ALL FOUR QUARTERLY RECORDS IN 2016 (‘000 B/D) SOURCE: SUEZ CANAL AUTHORITY, MEES. 5: SUEZ CANAL MONTHLY REVENUE ($MN): DOWN 8% ON 2014 DESPITE 2015’s EXPANSION SOURCE: SUEZ CANAL AUTHORITY, REUTERS, ME...
Volume: 60Issue: 03Published at Fri, 20 Jan 2017 -
South Korean LNG Appetite Thins Out, Prices Remain Under Pressure
...ns of LNG to EDF’s trading arm over eight years from 2017. The agreement follows a previous deal formalized in 2014 with France’s Total regarding capacity at the US’ Sabine Pass project that is expected to start up by March. Kogas, which had agreed to take 3.5mn tons/year from the Louisiana pl...
Volume: 59Issue: 03Published at Fri, 22 Jan 2016 -
Cairo Steps On The GasIn Bid To Ease Shortages
...s, or 7.5% of Egypt’s current output (and thus consumption). Egyptian gas production fell to just 4.6bn cfd, its lowest since 2006 in July 2014, though it has since edged up slightly following the ramp up of output at German firm RWE Dea’s Disouq field to 150mn cfd in August. The company expects ou...
Volume: 58Issue: 03Published at Fri, 16 Jan 2015 -
Kurdish Oil Heads North But Not Yet To Sea
...G capital Erbil. Repsol has conducted a significant 2D seismic acquisition program which identified a number of drilling targets. Drilling operations began on the Zewe-1 exploration well in November 2013 and drilling in Qala Dze is expected in the early part of 2014, Maersk says. The Danish co...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Turkish-Qatari Gas Talks Stall As Balkan LNG Terminal Discussed
...nstruction of a new regasification terminal. This could help Qatargas reach markets in southeast Europe after the Interconnector Turkey-Bulgaria (ITB) pipeline is commissioned in 2014. The new LNG terminal, located on the Gulf of Saros in European Turkey, close to the Greek-Turkish border, is ex...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013