1. Taiwan Crude Imports Hit 8-Year High, Opec Share At Record Low

    ...*Taiwan imported 892,500 b/d of crude in 2018, the highest figure since 2010. Imports peaked at 1.046mn b/d in 2006. *Gulf suppliers have not been the beneficiaries of this rise in volumes; the Mideast share of the Taiwan market fell to 77.6%, the lowest level since 2011 (see chart). Vo...

    Volume: 62
    Issue: 08
    Published at Fri, 22 Feb 2019
  2. Australia Challenges Qatar For Taiwan LNG Top Spot: Just The Prelude?

    ...ll ahead for 2018 as a whole, a seemingly-comfortable 2.1mn tons ahead of number two Malaysia with Australia a further 230,000mn tons behind in third place (see data, p22). That said Qatar’s 4.89mn tons for 2018 was down almost 8% on 2017 and the lowest annual figure since 2011. Qatar’s 29% market sh...

    Volume: 62
    Issue: 08
    Published at Fri, 22 Feb 2019
  3. Gulf Loses Patience With Sudan

    ...an 450,000 b/d prior to the secession of South Sudan to 115,000 b/d in late 2011 and has fallen further since. The government puts current production at between 70,000-75,000 b/d; even this is probably an overestimate, says Mr Elhaj. On 13 February the Sudanese pound fell to a record low of SP 83 to...

    Volume: 62
    Issue: 08
    Published at Fri, 22 Feb 2019