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LNG Start-Ups To Peak, Then Slump
...nce. The IEA estimates that investment in liquefaction will be just $16bn this year, the lowest level since 2010. • And much of this represents the tail end of start-up investment in mega-projects approved in the 2011-14 boom years. Two key Australian projects, 8.9mn t/y Ichthys operated by Ja...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Opec Winning Back Market Share in Key Asian Markets
...16. However, while the importance of the Asian market for Opec has been growing, Opec’s importance to the region has been falling. IGA and Opec data shows that in 2011, 65.5% of Asia’s oil imports came from Opec, but this fell to 61.2% in 2014 and just 60.1% last year. But Opec’s Saudi-driven strategy to...
Volume: 59Issue: 30Published at Fri, 29 Jul 2016 -
OPEC Producers Adopt Higher Oil Price Assumptions For 2013 Budgets
...ograms put in place by a number of the regional governments, to appease the lingering unrest sparked by the Arab Spring more than two years ago. Higher oil prices too have also played their part, with the OPEC basket climbing to a yearly average of $109.45/B in 2012, relative to $107.46/B for 2011. Pr...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013