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China: Could Record Russian Crude Imports See Saudi Squeezed?
...creased market share. MIDEAST BUYING FIRM FOR NOW… Chinese imports from other Middle East suppliers also remained firm through May: at 54.1% the Mideast market share for the first five months of 2022 is on track to top the previous annual record of 52.2% set in 2014. Number three ov...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
China LNG Buying Subdued But Qatar Volumes Surge & Revenues Triple
...lumes. The import bill for Qatar volumes was up almost threefold at $4.30bn versus $1.52bn for the year-ago period. Qatar’s overall export revenues of $28.6bn for Q1 were the highest since 2014 (MEES, 29 April) *Whilst China’s fall in year-on-year import s is down to Covid-related lockdowns as we...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
KRG Hands Baghdad Oil Sector Counter-Proposal
...OGC) “which will be tasked with the exploration, extraction and production of oil and gas” and the Kurdistan Organization for the Marketing of Oil (KOMO). These entities have already been created, with KOMO marketing Iraqi Kurdistan’s inaugural independent exports – a 2mn barrel cargo – back in 2014...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
Qatar Gas Exports Surge To Five Year High
...2022 they remain slightly down year-on-year. Even if its core gas exports have dipped slightly this year, soaring commodities prices have pushed Qatar’s export revenues up to multi-year highs of late, with Q1’s $28.51bn the highest quarterly figure since 3Q 2014 (MEES, 3 June). Revenues are up ac...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022