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Israel: Lots Of Gas But Where’s The Market?
...st 800mn cfd, fully exploiting such reserves requires substantial export deals. And despite a sheaf of LoIs – to Egypt, Turkey, Jordan, and most fancifully a pipeline to Europe via Cyprus, Greece and Italy – none have been finalized. So far a deal signed in February 2014 to supply Jordan’s Arab Po...
Volume: 60Issue: 15Published at Fri, 14 Apr 2017 -
Morocco LNG Project Delayed, Future Gas Supply Strategy In Doubt
...nths. ADVISORS PICKED Morocco’s decision to revive LNG import ambitions in 2014 spurred a flurry of excitement, notably from a number of LNG suppliers keen to lock in future volumes in an increasingly competitive global market. In 2015, Morocco initiated talks with majors and energy companies in...
Volume: 60Issue: 15Published at Fri, 14 Apr 2017 -
Oman LNG Records Rare Output Rise, But Revenue Falls Regardless
...ound 50% of its output most years. But prices of Omani LNG to South Korea fell some 37% last year to just $7.38/mn BTU, more than $10/mn BTU below 2014 levels. Little wonder that revenues fell nearly $700mn last year to its lowest level since 2004. The LNG revenue fall exacerbated the squeeze on go...
Volume: 60Issue: 15Published at Fri, 14 Apr 2017 -
Record US Oil Trade Belies Protectionist Rhetoric
...cord levels (see chart). Saudi volumes did dip in late March with ship trackers estimating a further fall to come. But then this needs to be put in perspective: March volumes were only low compared to January’s three-year-high levels; Q1 as a whole saw the highest volumes since early 2014. Ot...
Volume: 60Issue: 15Published at Fri, 14 Apr 2017 -
BP Poised For Strong Year In Mena
...15 2015 2014 Oil (‘000 B/D) Abu Dhabi 101 5 96 97...
Volume: 60Issue: 15Published at Fri, 14 Apr 2017