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Qatar Sidesteps Trade Embargo With 20% Export Revenue Gain In 2017
...r 2018-22). Though the strategy has not been published the IMF says it has an “enhanced focus on economic diversification.” But given that the 2011-16 plan said “Nonhydrocarbon exports are expected to show strong gains,” it’s fair to say diversification is often planned but rarely implemented – in th...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018 -
Japan Big Winner As Saudi Arabia Cuts Crude Exports
...panese imports has also risen strongly, topping 40% for the first time in 2017, up from 30.5% in 2011. Not only is Japan importing more Saudi crude but the slate is becoming more tilted towards lighter, and more expensive grades. The key Saudi grade Japan took in 2017 was Arab Extra Light, which in...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018 -
East Asian Importers Take Less LNG In 2015; Little Sign Of An Upturn In 2016
...pply coming onstream, from Australia and the US in particular, means that for Middle East producers, starting with Qatar, the competition is becoming increasingly palpable. JAPAN: NUCLEAR RESTARTS Japan notched up three straight years of record 87mn tons-plus LNG imports following 2011’s Fu...
Volume: 59Issue: 05Published at Fri, 05 Feb 2016 -
Shell LNG To Jordan Expected In July
...ports around 96% of its energy needs, continues to face a gas crunch, following the disruption, and eventual suspension, of gas supplies from Egypt after the January 2011 revolution. Jordan had a contractual agreement with Egypt to import around 250mn cfd of gas via the Arab Gas Pipeline (AGP). Repeated at...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Suez Canal 2012 Statistical Analysis: A Record Year For Crude Shipments
... EGYPT Suez Canal 2012 Statistical Analysis: A Record Year For Crude Shipments By James Cockayne 2012 was a record year for shipments of crude through the Suez Canal. Total volumes hit 1.38mn b/d, up 84% (630,000 b/d) on 2011 and 120,000 b/d up on 20...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Nabucco Loses RWE Replacement
...pressed an interest in joining the Nabucco project in September 2011, when it would have been the consortium’s second German partner after RWE. After a hiatus Bayerngas restarted its talks with Nabucco in May 2012, when Bayerngas spokesman Dirk Barz told Azerbaijan’s Trend News Agency that negotiations be...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013