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Can Iran’s Nuclear Power Program Offset Surging Consumption?
...om their 20GW plan, Iran will be lucky to hit 10% of that mark. According to the International Atomic Energy Agency (IAEA), the only other plant currently under construction in Iran is the 915MW Bushehr-2 plant. Construction began in 2017 with Russian state firm Rosatom at the helm (MEES, 31 Ma...
Volume: 68Issue: 21Published at Fri, 23 May 2025 -
Saudi Keeps Crude Exports Tight Despite Us Pressure
...12mn b/d, the lowest quarterly figure since 4Q 2017 (see chart 1 and p18 for full data). They appear on track to dip further in Q2. MEES pegs exports at a shade over 7mn b/d during April, and slightly less than this over the first half of May. Of course, this could all change. Saudi Arabia could ramp up pr...
Volume: 62Issue: 21Published at Fri, 24 May 2019 -
Iran Sets New Rules For Repatriation Of Petchems Forex
...rrency earnings, as Tehran struggles to access its export revenues under tough US sanctions. State petrochemicals firm National Petrochemical Company (NPC) and its subsidiaries and affiliates earned some $10bn in the Iranian 2017-18 calendar year before the US unilaterally reimposed sanctions in May 20...
Volume: 62Issue: 21Published at Fri, 24 May 2019 -
Qatar Diversifies Trade Links Post-Embargo
...With the first anniversary of the Qatar embargo looming on 5 June, Doha’s finances look to have largely coped with the upheaval. New import and export routes were quickly established, enabling the emirate to capitalize on rising oil prices and cut its budget deficit by a third in 2017. La...
Volume: 61Issue: 21Published at Fri, 25 May 2018 -
Trump/Saudi Love-In Dulls Iran Post-Election Oil Investment Hope
...d Inpex from Japan have expressed serious interest in participating in the development of the Iranian oil sector. They will now have to decide if the time is right to take the plunge. Under Iran’s sixth five-year plan 2017-22, the oil industry requires around $200bn of investment if it is to me...
Volume: 60Issue: 21Published at Fri, 26 May 2017