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  1. Neutral Zone Restart: 2mn Barrels Exported

    ...nopec has a 400,000 b/d refinery. Sinopec also has substantial crude storage facilities at Maoming, having completed a 12mn barrel facility there in 2011. After Dar Salwa had left, the Monte Toledo Suezmax tanker then loaded another 1mn barrel cargo of Khafji crude and departed on 8 April. Monte To...

    Volume: 63
    Issue: 15
    Published at Fri, 10 Apr 2020

  2. Saudi Arabia Extracts Huge Cut Commitment From Russia

    ...its lowest level since 2015, the UAE would be the lowest since 2013, Saudi Arabia since 2011 and Kuwait would be producing at its lowest level since 2010. GULF GIANTS SHOWCASE STRENGTH           If there is a clear winner from the planned agreement, it is Saudi Arabia. While the bulk of th...

    Volume: 63
    Issue: 15
    Published at Fri, 10 Apr 2020

  3. Syria Emerges As Iran’s Top Crude ‘Customer’

    ...TTER OF SURVIVAL           Iran’s Syria crude trade was never supposed to be about economics – rather it was about keeping key ally President Bashar al-Assad in power. And for Mr Assad, the Iranian credit line to import free crude was a matter of survival. Prior to the outbreak of war in 2011, Sy...

    Volume: 63
    Issue: 15
    Published at Fri, 10 Apr 2020