1. 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: 67
    Issue: 05
    Published at Fri, 02 Feb 2024
  2. 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: 67
    Issue: 05
    Published at Fri, 02 Feb 2024
  3. 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: 67
    Issue: 05
    Published at Fri, 02 Feb 2024
  4. 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: 67
    Issue: 05
    Published at Fri, 02 Feb 2024