1. India Steps Up Crude Buying Diversification

    ...test export data suggest higher volumes to come (see p2). Number two Saudi Arabia is down 23% at 596,000 b/d, the lowest half-year figure since 1H 2011. Saudi Arabia’s market share of just 14.7% for 1H 2021 is the lowest in well over a decade (see chart and table for full data).   IN...

    Volume: 64
    Issue: 35
    Published at Fri, 03 Sep 2021
  2. Turkey Mixes Business & Politics As Qatar LNG Surges

    ...G customer for 2017. TURKISH GAS IMPORTS (BCM)                                                                                       1H18 v 1H17 % 1H17 2009 2010 2011 2012 20...

    Volume: 61
    Issue: 35
    Published at Fri, 31 Aug 2018
  3. Saudi Shrugs Off Calls For Action Over Oil Price, Revenue Collapse

    ...rn Libya (down 88% from 2012), Algeria has seen its revenue halve since last year. Takings are down 60% from their 2011 peak, with volumes as well as prices on the slide (see p6). This points to another way in which these MEES back-of-the-envelope calculations could underestimate the slide in co...

    Volume: 58
    Issue: 35
    Published at Fri, 28 Aug 2015
  4. Saudi Aramco To Invest $40bn Annually

    ...0bn barrels to existing resources. Saudi Arabia has 260bn barrels of recoverable reserves, a number that has remained constant even as output has risen steadily over the past decade to exceed an annual average above 9mn b/d since 2011. In addition to improved reservoir management, Aramco is lo...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  5. Japan Ups Imports Of Iranian Crude Ahead of US Waiver Review

    ...nths to appease the US, and better its chances next month of gaining a further extension of a previous waiver granted to it by Washington earlier this year.   Washington in December 2011 passed a law cutting off access to the US financial system for foreign financial institutions involved in oi...

    Volume: 56
    Issue: 35
    Published at Fri, 30 Aug 2013