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Libya Output Continues To Rise In Wake Of Renewed Sirte Basin Production
...pacted Waha capacity. The Hess report implied crude production potential of 270,000-275,000 b/d, in line with the highest quarterly output achieved since 2011 (269,000 b/d for both Q1 and Q2 2013). The consortium had planned to increase capacity on the Waha fields to 500,000-600,000 boe/d by the de...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016 -
Korea LNG Buying Falls To Seven-Year Low In Q3
...ngle supplier, providing 45% of total imports in Q3, some 2.75mn tons. This is Qatar’s highest quarterly share on record: despite growing regional LNG supplies, from Australia in particular, Qatar has steadily grown its market share in South Korea since it bottomed out at 22.2% in 2011 (see table). Th...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016 -
Saudi Oil Exports Fall Amid Record Products Demand & Oil Burn
...urth consecutive month of net gasoline exports, a feat not achieved since November 2011. Saudi Arabia is on track to be a net gasoline exporter for the first time since 2011. SAUDI OIL EXPORTS REMAIN AT NEAR RECORD LEVELS (MN B/D) SAUDI PRODUCTS EXPORTS DOWN SLIGHTLY FROM 1H16 RE...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016 -
Iraq’s Mosul Offensive Begins Amid Patchwork Coalition
...serves are in territories which were controlled by Kurdish forces even prior to June 2014. ExxonMobil secured production sharing agreements (PSA) from the KRG for six blocks in 2011, including Baeshiqa and al-Qush, which extend into Ninawa’s disputed territory. Secondly the Sunni Arab force trained an...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016 -
Kuwait Dissolves Parliament Amidst Subsidy Reform Uproar
...12 2011 bn...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016