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  1. Cyprus Drilling Plans Slashed With Capex Cuts

    ...kkotrypis says. How long is anyone’s guess. And what of Cyprus’ first ever gas discovery, 4.1tcf Aphrodite, made in 2011 but stuck on the shelf ever since. Operator Noble of the US (35%) together with partners Shell (35%) and Israel’s Delek (30%) had planned a second appraisal well late this or early ne...

    Volume: 63
    Issue: 16
    Published at Fri, 17 Apr 2020

  2. Opec’s Funky Baseline Aims To Maximize Claimed Cuts

    ...uld be the lowest combined annual production figure for this grouping since 2011’s 22.88mn b/d. Looking in closer detail at Opec’s four largest Gulf producers (excluding sanctions-hit Iran), combined output this year and next will be at its lowest level since 2013 (see chart).  OPEC OUPUT: WH...

    Volume: 63
    Issue: 16
    Published at Fri, 17 Apr 2020

  3. Korea LNG Imports: Strong Q1 But Downturn Coming?

    ....3% market share the second lowest quarterly figure since it moved clear of Indonesia as top supplier in 2011.   *Whilst Indonesia is no longer a threat, Australia is. Australia overtook Qatar on a quarterly basis for the first time in Q4 2019 (MEES, 17 January). Qatar did edge back ahead of Au...

    Volume: 63
    Issue: 16
    Published at Fri, 17 Apr 2020