1. China Deals Push Qatar LNG Back To Top Spot

    ...uivalent to China’s total spot purchases from Qatar over the 2014-2021 period. This was enough to lift spot sales to Asia by nearly 2mn tons to a six-year high 8.5mn tons, with modest gains also registered for spot sales to India and even Japan. Meanwhile, spot sales to Europe edged up by just 35...

    Volume: 66
    Issue: 30
    Published at Fri, 28 Jul 2023
  2. Qatar & Oman Cash In As Asian LNG Buyers See Record Import Bill Even As Volumes Slump

    ...gures set in 2013 and 2014 when both Korea and Japan took far higher volumes than for 1H 2022 (see chart 2).   *One interesting feature of Qatar’s exports to Asia is the sharply different average prices paid for Qatari volumes – both a feature of whether key long-term contracts were struck in a bu...

    Volume: 65
    Issue: 30
    Published at Fri, 29 Jul 2022
  3. LNG Start-Ups To Peak, Then Slump

    ...ne 2016).   •  Liquefaction investment peaked at $37bn in 2014 according to stats contained in the IEA’s freshly-released World Energy Investment 2018 report. Though long project lead-times mean that investment levels did not fall off a cliff with FIDs, they have been in inexorable decline si...

    Volume: 61
    Issue: 30
    Published at Fri, 27 Jul 2018
  4. US Firms Scale Back Investment, Claim Output Unaffected

    ...twithstanding, the lack of major project sanctions will hit firms’ revenue stream early next decade. “It remains to be seen whether [this] strategy… is sustainable given that their finances still largely benefit from cash flow generated by projects sanctioned before 2014,” the IEA says, noting that those firms to...

    Volume: 60
    Issue: 30
    Published at Fri, 28 Jul 2017
  5. 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: 59
    Issue: 30
    Published at Fri, 29 Jul 2016
  6. Saudi Refining Runs And Product Exports Hit Record Levels

    ...OPEC Saudi Refining Runs And Product Exports Hit Record Levels >  Saudi refineries’ CDU capacity has in theory been 2.9mn b/d since September 2014 when the 400,000 b/d Yasref plant in Yanbu’ on the Red Sea coast started up. The similar-sized Satorp plant in Jubail began operations a ye...

    Volume: 58
    Issue: 30
    Published at Fri, 24 Jul 2015
  7. World Oil Demand To Grow 1.4mn B/D In 2015 - IEA

    ...OPEC World Oil Demand (Mn B/D IEA Estimates) Call On OPEC Vs OPEC Output (Mn B/D IEA Estimates)   OPEC Vs IEA Supply-Demand Balance, July 2014 Forecasts (Mn B/D)   1Q14   2Q...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014