- Sort by:
- Score
- Published ▼
-
Benchmark Crude Prices ($/B)
...12 2011 WTI 100.67 102.63 103.12 106.27 106.55 105.73 94.17 94.18 95...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013 -
Payment Delays Turn Independents Away From Egypt
...PC) 2011/12 bid round (which, after being put back twice, closed in April) a bid failed to materialize. By its second quarter results presentation on 23 August the company had dropped almost all mention of Egypt. The 2011-12 EGPC bid round, which was launched amid post-revolutionary op...
Volume: 55Issue: 42Published at Fri, 12 Oct 2012 -
Turkey’s Gas Imports Hit By Bombs And Sanctions
...aimed responsibility it is thought to be responsible for all four blasts. Turkey imported 3.8bcm/y through the Baku-Tblisi-Erzurum pipeline (also known as the South Caucasus Pipeline, SCP) for 2011. Some additional volumes flow via Turkey to Greece but despite this the route has been op...
Volume: 55Issue: 42Published at Fri, 12 Oct 2012 -
Saudi Aramco Discovers New Gas Field
...ell-led South Rub΄i al-Khali Company (SRAK) appears to be potentially moving towards development phase, and even this development is for the Kidan sour gas field, discovered decades before the SRAK’s exploration program (MEES, 21 November 2011) . ...
Volume: 55Issue: 42Published at Fri, 12 Oct 2012 -
Satorp Paves Way For Saudi Project Sukuk Issuers With $1Bn Offering
...09. There were expectations that 2011 would be even better, but unless there is a sudden change and a flurry of paper comes to market in the remaining few months, this year is going to see a marked fall from 2010. Last year the issuance of notes and sukuk was up on 2009’s levels to about $32-34bn (ME...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Risk At Center Of Oil Industry Outlook
...veloping countries in the other. It’s a very mixed picture.” He said the OPEC Secretariat had received plans for around 120 development projects from members that could be started in 2011-15: “But there is lots of uncertainty. The most important point is that our countries have the reserves. And if th...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Turkey Allows Russian Gas Import Deal To Expire In Move To Open Up Market
....0 2008 37,793.0 36,024.00 443.0 2009 33,619.0 32,135.00 721.0 2010 32,466.0 31,462.00 660.0 2011* 25,045.0 24,583.00 475.0 * As of August 2011. Source: Botas. Tu...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
OPEC Revises Down 2H11 Demand Projection
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 OPEC Revises Down 2H11 Demand Projection OPEC has revised down projections for global demand growth in 2011 by 180,000 b/d and shaved off its projection for demand growth next year. But the headline annual figures mask a ma...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
IEA Again Reduces Demand Forecast As Global GDP Slumps
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 IEA Again Reduces Demand Forecast As Global GDP Slumps The International Energy Agency (IEA) has again reduced its global crude oil demand projection, this month by 50,000 b/d for 2011 and 210,000 b/d for 2012, on the basis of...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
EIA Says Market Easing, But Supply Uncertainty And Economic Worries Complicate Picture
...ntinuing growing from 87.1mn b/d in 2010 to 88.4mn b/d in 2011 and 89.8mn b/d in 2012. In the latest issue of its Short-Term Energy Outlook, released on 12 October, the EIA forecast that demand in OECD countries would decline in both 2011 and 2012, while demand in China and other emerging economies wo...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 Crude Oil Formulas/Posted Prices ($/B) Kuwait (+ / - Adjustment Factor; $/B) 2011 2010 Nov Oct Sep Aug Jul Ju...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Arab Aid To Egypt Tops $1.5Bn So Far
...der to finance its budget deficit of E£134bn ($22.5bn) for 2011-12, Egypt would turn to local market funding by issuing treasury bills and bonds (MEES, 12 September). But Dr Biblawi has reportedly submitted his resignation on 11 October in protest for the mishandling by the Egyptian police of a de...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Construction Of Jordan’s Oil Shale Power Plant To Begin In 2012
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 Jordan Construction Of Jordan’s Oil Shale Power Plant To Begin In 2012 Construction of Jordan’s first oil shale power plant is expected to start next year after finalizing all negotiations by the end of 2011, the project di...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Jordan’s Petroleum Products Prices Mostly Unchanged For October
...s supplies to Jordan at preferential prices caused by the blowing up six times of the Arab Gas Pipeline (AGP) which supplies Jordan. Jordanian Minister of Finance Muhammad Abu Hammur said last week that the energy sector was posing the biggest challenge to the economy in 2011. He estimated that Jo...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Syria Raises Budget Oil Price For 2012
...rian light crude and $65/B for heavy crude (an increase of 36% and 35% respectively from the 2011 values). This compares with $55/B for light crude and $48/B for heavy crude in the current budget (MEES, 13 December 2010). Oil revenue in 2011 was projected at S£189.4bn ($3.83bn), representing 92.2% of...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
UAE 2012 Federal Budget Continues To Stress Social Spending
...d a resulting deficit of Dh400mn ($109bn). This is much lower than the Dh3bn ($817mn) deficit projected for 2011. The federal budget will need to be reviewed by the Federal National Council (parliament) before it is signed into law by UAE President Shaikh Khalifah bin Zayid Al Nuhayyan and Ruler of...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
DP World Revenues Cushioned By Emerging Market Operations, Says Moody’s
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 UAE DP World Revenues Cushioned By Emerging Market Operations, Says Moody’s Global marine terminal operator DP World’s solid operational and financial results for the first half of 2011 showed that its operations in em...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Political Comment (17 October 2011)
...Middle East Economic Survey VOL. LIV No 42 17-Oct-2011 Political Comment (17 October 2011) The Americans claim to have foiled an Iranian plot to assassinate the Saudi ambassador in Washington. The main opposition groups in Bahrain have for the first time issued a joint "do...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
OPEC Keeps Steady Hand On Tiller Amid Uncertain Times
...cession. “The global system is under a big strain,” argues the delegate. “I think some people didn’t learn the lessons of 2008,” he adds. It is noteworthy that OPEC’s global economic growth forecasts at 3.9% for 2010 and 3.6% for 2011 are more conservative than the IMF, which is predicting growth of 4....
Volume: 53Issue: 42Published at Mon, 18 Oct 2010 -
IEA Raises Global Oil Demand Forecast For 2010-11 By 300,000 B/D
...0,000 b/d its global crude oil demand forecast for 2010 and 2011, saying the revision from last month is “largely the result from new data for July and August showing much stronger than expected third quarter 2010 readings (up by 900,000 b/d versus our previous report), most notably in the OECD.” The IE...
Volume: 53Issue: 42Published at Mon, 18 Oct 2010