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LNG: Growing Mideast Demand Key To Absorbing Rising Global Supply
...T) *ALL FROM TRINIDAD & TOBAGO SINCE 2014. SOURCE: CEDIGAZ LNG SERVICE, GIIGNL, SHELL, MEES CALCULATIONS. EGYPT IS TOP MENA BUYER: VOLUMES MORE THAN DOUBLED TO 6.3MN TONS, 60% FROM QATAR KUWAIT IMPORTS: QATAR SUPPLIED JUST OVER HALF 2016 VOLUMES BY SUPPLIER: QA...
Volume: 60Issue: 08Published at Fri, 24 Feb 2017 -
Algeria Boosts Its Share In Spain’s Gas Imports In 2015
...uivalent of 151,941GWh in 2015, following an annual increase of 3.5% to 180,093GWh in 2014. Spanish gas consumption was severely hit by the post-2008 recession, causing many Spanish buyers to re-export significant volumes of LNG. The global re-export trade almost doubled to around 6mn tons between 2012 an...
Volume: 59Issue: 08Published at Fri, 26 Feb 2016 -
New Marine Bunker Rules To ‘Significantly Lighten The Demand Barrel’-IEA
...dergo a step change, rising to 31.5mn b/d by 2020, up 2.4mn b/d from 2019 and 4.5mn b/d above 2014 levels.” With fuel oil bunker demand falling by 2.2mn b/d, total fuel oil demand will fall to 5.3mn b/d in 2020. By this time the shipping industry’s share of total residual fuel oil demand is projected to...
Volume: 58Issue: 08Published at Fri, 20 Feb 2015 -
Oman Ramps Up Scope Of Sohar Plans
...ile the expansion, due for completion in 2016, will provide additional clean fuels for local consumption, the new units will also feed existing aromatics and polypropylene units alongside the refinery, reducing the need for imports (MEES, 6 June 2014). The expanded refinery will provide 36,000 b/d of...
Volume: 58Issue: 08Published at Fri, 20 Feb 2015 -
Iraq Hopes Japan Loan Will Help Ease Export Constraints
...5mn b/d, as bad weather and work to clear sunken vessels delayed tanker loadings. Iraq has calculated revenues for its 2014 draft budget on the basis of 3.4mn b/d of oil exports, including 400,000 b/d of Kurdish oil. However, given that current exports are languishing at levels close to January’s 2....
Volume: 57Issue: 08Published at Fri, 21 Feb 2014