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Qatar Sidesteps Trade Embargo With 20% Export Revenue Gain In 2017
...ar’s gains, with hydrocarbon exports amounting to 84% of total sales – the highest figure since 2014’s 87% when oil prices averaged almost $100/B. Hydrocarbon revenues rose 21% year-on-year thanks to a combination of rising oil prices and the start of commercial operations at the 146,000 b/d Ras La...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018 -
Japan Big Winner As Saudi Arabia Cuts Crude Exports
...uth Korea’s thirst for crude increased last year to 2.984mn b/d from 2.880mn b/d in 2016, while it too has diversified its suppliers. The Saudi share of total Korean imports fell to 28.9% last year, almost five percentage points less than 2014 (MEES, 12 January). Japan is the only market where Sa...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018 -
East Asian Importers Take Less LNG In 2015; Little Sign Of An Upturn In 2016
...ticeable change, albeit largely anticipated. Japan imported a record amount from Malaysia in 2015, or 15.57mn tons, helping it overtake Qatar as the second largest supplier in 2014 (behind Australia at the time). LNG shipments from Qatar to Japan fell by 9.6% annually to 14.64mn tons (see graph 3). In...
Volume: 59Issue: 05Published at Fri, 05 Feb 2016 -
Shell LNG To Jordan Expected In July
...lumes of as high as 590mn cfd (MEES, 19 December 2014). The FSRU receiving terminal is being built by the Bermuda-registered Golar LNG, which had previously said that the Golar Eskimo FSRU would be completed by the end of 2014 and enter into service in early 2015. Golar was awarded the $445mn co...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Oman Awards Ras Markaz Crude Terminal FEED
...ES, 12 July 2013). The Ministry of Oil and Gas (MOG) expects crude and condensate production to average 965,000 b/d this year, an increase of 22,000 b/d over 2013 output, which was itself a 13-year high (MEES, 23 January). Oman’s crude oil exports averaged 800,000 b/d in 2014, according to latest MO...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015