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  1. Iran’s Oil Exports At Post-Sanctions Record

    ...NDENSATE. ^SEIZED CARGOS. ^^MOSTLY TO CHINA SINCE 2018. SOURCE: KPLER (2017-18), UANI (2019>), MEES.   Unlike in the pre-sanctions era, Iran is overwhelmingly reliant on China for its exports, to the tune of 85% in volume terms for 8M 2023 and likely substantially more in revenue terms given that ca...

    Volume: 66
    Issue: 36
    Published at Fri, 08 Sep 2023

  2. PIF Muscles In On Aramco Amid Oil Sector Shakeup

    ...r Saudi Arabia’s struggles to secure the foreign investment inflows required to boost economic diversity. Whether Mr Khorayef is likely to achieve more success than Mr Falih is far from clear. After all, investors have been deterred by the fallout from the Jamal Khashoggi killing and 2017’s in...

    Volume: 62
    Issue: 36
    Published at Fri, 06 Sep 2019

  3. Libya: Exports Up But Loading Uncertainty Means More Goes Long-Haul

    ...ditional four 1mn barrel cargoes headed for China, it also saw the first ever Libyan cargo sail for Taiwan (Sharara crude from Zawiya port) and 1mn barrels from Zueitina headed for Malaysia. China rose to become Libya’s fifth largest crude customer for 2017 with 65,000 b/d (MEES, 6 April) – behind the Me...

    Volume: 61
    Issue: 36
    Published at Fri, 07 Sep 2018

  4. Libya Oil Revenue: Up 80%

    ...Libya’s oil output and exports remain anything but stable. But output, at 920,000 b/d for the first seven months of 2017, was up 24% on the same period a year earlier whilst oil prices, at just shy of $70/B for Libya’s Es Sider crude, were up 40% over the same period. Added together this ha...

    Volume: 61
    Issue: 36
    Published at Fri, 07 Sep 2018

  5. Qatar’s Economy Proves Resilient As Embargo Enters Fourth Month

    ...e causing delays and additional expense, but nothing that looks likely to prompt Qatar to alter course (MEES, 7 July). Qatar’s economy is proving resilient and the IMF still sees the budget deficit easing considerably from 2016. In a 30 August statement, the IMF projected that Qatar’s 2017 de...

    Volume: 60
    Issue: 36
    Published at Fri, 08 Sep 2017