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Global LNG Market Shows Unexpected Resilience As Qatar Restarts Plants
...the first quarter of 2011. The shutdowns and idling carriers also stoked concerns that Qatar might be deliberately holding back supply – some traders thought the carriers may be full, as Qatar stored LNG waiting for winter demand in the northern hemisphere to drive up prices. Others thought Doha ma...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
OPEC Sees End To Fall In Demand For Its Crude
...Middle East Economic Survey VOL. LIII No 29 19-Jul-2010 OPEC Sees End To Fall In Demand For Its Crude In 2011 demand for OPEC crude will rise, albeit modestly, predicts the latest OPEC Mo...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
IEA Forecasts 2011 Global Oil Demand At 87.8Mn B/D
...Middle East Economic Survey VOL. LIII No 29 19-Jul-2010 IEA Forecasts 2011 Global Oil Demand At 87.8Mn B/D The International Energy Agency (IEA) said global oil demand would rise by 1.6% or...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
Kazakhstan Reimposes Oil Export Duty, KMG EP Buys Producing
...venues to amount to $400mn in the second half of 2010 and almost $1.2bn in 2011. Meanwhile, the KMG EP exploration and production subsidiary of state firm KazMunaiGaz (KMG) announced on 13 July that it will buy KMG’s stake in three major producing oil fields for $750mn. A press statement said KMG EP wi...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
Iranian Gasoline Imports Halved In First Quarter, IEA Assesses Impact Of Sanctions
...First Quarter, IEA Assesses Impact Of Sanctions Iranian gasoline imports almost halved during the first quarter of the current Iranian year (21 March 2010 – 20 March 2011) to 507,250 tons of gasoline worth $376mn,ISNA news agency reported on 13 July. In the same period last year Iran imported 1....
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
Iranian Government Sells 18 % Of Iran Khodro
...rket. The company plans to increase its production of vehicles in 2011 to 730,000 from 680,000 in 2010. The TSE Tepix Index closed at 15,080 on 14 July, rising sharply from around 12,537 at the beginning of the new Iranian calendar year starting on 21 March. The government plans to privatize a nu...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
Higher Oil Prices And Fiscal Spending Help GCC Recover, Says Emirates NBD
...al GDP in GCC markets grew by 8% in 2008 and then slowed abruptly to 1.8% in 2009. Renewed activity should translate into a 4.8% real GDP increase in 2010, reaching a growth rate of 5.5% in real terms through 2011. Emirates NBD expects growth in the UAE to rise from 2.5% in 2010 to 4.0% in 2011. Real GD...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
Sudan’s Politicians Clash Over Pipeline, Groups Warn Of War If No Oil Deal
...peline, Groups Warn Of War If No Oil Deal Leaders in land-locked South Sudan have clashed with the Sudanese Oil Minister Lual Deng about the viability of a $15bn, 450,000 b/d oil pipeline to Kenya. Without the pipeline, the South – expected to vote for independence from the North in January 2011 – will de...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
EMAL Secures $737Mn Of ECA Funding, Continues To Eye Capital Markets
...uminum smelter complex. It is being built in two phases, with phase one production starting in December 2009, and ramping up to full output of 750,000 tons/year of aluminum in April 2011, and once phase two is finished it will produce 1.5mn t/y. The project will produce primary aluminum with a product mi...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010