Iran Mulls Offering South Pars To IOCs As Opening Delayed

...l firms is intricately tied to the fate of ongoing talks between Iran and the P5+1 group of world powers over its nuclear program. Nuclear talks were due to have ended on 22 July, hence the roadshow scheduled for the second half (and originally the first half) of 2014. But, with a deal not re...

The US Shale Gas Revolution: A Threat To Gulf LPG Exporters

...r 2014 and 2015 will see US LPG exports to Japan increase. Korean firms are negotiating contracts to import LPG as well. Threat To Pricing The basis of US LPG prices differs entirely with that of Gulf LPG exports, a dynamic that will put pressure on margins of Gulf sales into Asia. Saudi Ar...

Israel Refineries Hit Throughput Record, Diesel Exports Boom

...ISRAEL Israel’s refinery output hit a record 291,000 b/d for the first half of 2014, up 16,000 b/d on a year earlier as the country’s second largest plant in Ashdod completed a significant upgrade. Exports, especially of diesel, are rising even faster. Israel  has been rapidly sh...

GTL Back On The Radar For Mideast Downstream Planners

...oposed         Iran Sarv/IDRO GTL Pilot, Saveh †1 2014 Iran RIPI Qeshm GTL, Qeshm Island 3 20...

GCC ‘Spat’ Takes On New Dimension

...ar from September 2014. Egypt will reimburse the UAE over four years at an interest rate of 2-3% with a year-long grace period, according to the daily. This will follow the expiration of Saudi oil product aid in August. Saudi Arabia, Kuwait and the UAE rushed to provide $12bn in grants and loans to...

Saudi Arabia Advances Stock Market Opening

...rket participants – can criticize the regulatory framework and suggest modifications. This framework is therefore likely to be amended in light of the feedback the CMA receives in the three-month period ending on 20 November 2014. The CMA regulations published on its website on 21 August stipulate th...

Rohani One Year On: A Glass Half Full Or Half Empty?

...IRAN By-Jahangir Amuzegar* 1 August 2014 marks the first anniversary of Hojatol-Islam Hassan Rohani’s accession to the Islamic Republic’s presidency. A mid-level Shiite cleric having an advanced degree in theology from a Scottish university, Mr Rohani defeated his five non-turbaned ri...

Chinese Crude Imports, January-July 2014 (‘000 B/D)

Saudi Arabia Official Crude & Products Output, Consumption And Trade Figures, 1h 2014 (‘000 B/D)

Benchmark Crude Prices ($/B)

...OIL PRICES     28-Aug 18 - 22 Aug 11 - 15 Aug Jul-14 Jun-14 Q2 2014 Q1 2014 20...