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Iran LNG Plans Hamstrung By Domestic Demand, Lack Of Foreign Cash
...located 32bcm to reinjection in 2014. Of course in 2014 (and 2011, 2012 and 2015) demand for sanctions-hit Iran’s crude was low enough that Iran could afford to slash reinjection and still have enough oil to meet demand. The corollary is that last year as post-sanctions Iran sought to ramp up crude output to...
Volume: 60Issue: 12Published at Fri, 24 Mar 2017 -
His Mission Accomplished, Qatar’s Attiyah Bows Out
...bsidies. “We cannot just sit and wait for the price to go up again. The scenario of doing nothing will not work.” NO SPENDING CUTS Doha said this week that it was adopting an oil price of $65/B for the 2014-15 budget. This now applies until end-December with Doha switching to a calendar year for fi...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Morocco Subsidies
...tail price of diesel, gasoline and fuel oil was raised by 14%, 20% and 27% respectively, yielding an estimated saving for the budget of 0.7% of GDP for the year. In February 2014 the authorities then ended subsidies on the domestic prices of gasoline and industrial fuel oil (excluding fuel used for el...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Dolphin Prepares For 1.2Bn CFD Gas Boost
...ar with surplus production being pumped into it. It could provide 400-500mn cfd for four-five years when the next North Field development, 1.4mn cfd Barzan, starts production in 2014 – the year that Dolphin’s extra compressors are planned to start up. QP had previously expected to strip out th...
Volume: 56Issue: 12Published at Fri, 22 Mar 2013