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QatarEnergy Signs Long-Term LNG Deal With Price-Sensitive Bangladesh
...ne 2017). Then in 2021, Qatar signed a deal with trading firm Vitol to supply 1.25mn t/y of LNG to Bangladesh until 2028. This was followed in June 2023 with another QatarEnergy-Petrobangla deal, this time for 1.8mn t/y for 15 years from 2026 (MEES, 2 June 2023). With the new deal’s full 1mn t/y ki...
Volume: 67Issue: 05Published at Fri, 02 Feb 2024 -
Egypt’s Upstream Independents Feel The Pinch Of Local Dollar Shortages
...aros saw its receivables position rise 54% to end 2023 at $37.3mn. Pharos’ Egypt output comes from 45% stakes in the El Fayum and North Beni Suef (NBS) concessions south of Cairo operated by privately-held Texas-based IPR. Here output fell 21% to 3,070 b/d for 2023, less than half of 2017’s 7,...
Volume: 67Issue: 05Published at Fri, 02 Feb 2024 -
Deadly Militia Attack On US Outpost In Jordan Underlines Iraqi Government’s Weakness
...litias could destabilize a fragile reconciliation between Iraq and its Arab neighbors, and possibly threaten the economic and trade gains that Baghdad hopes will bring much-needed investment from GCC countries (MEES, 8 December 2017). SOPHISTICATED AND STRATEGIC ATTACK The line be...
Volume: 67Issue: 05Published at Fri, 02 Feb 2024 -
Saudi Arabia’s Luberef Secures Samref VGO
...ceives up to 50,000 b/d of RCO through pipeline connections to Yanbu’s refineries, while the Jeddah plant has had to receive its 24,500 b/d via tanker since the Jeddah refinery shut in 2017 (MEES, 24 November 2017). Yanbu RCO supplies were increased by 5,000 b/d in June 2023 under a new 12-month su...
Volume: 67Issue: 05Published at Fri, 02 Feb 2024