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Japanese LNG Imports 3Q15
...-Jul 15-Jun 15-May 15-Apr 2014 2013 2012 2011 2010 2009 Australia 5....
Volume: 58Issue: 46Published at Fri, 13 Nov 2015 -
Jordan Budgets For Ambitious 2016 Spending, Revenue Hike
...nefited from project aid from the $5bn GCC development fund set up in December 2011 by Saudi Arabia, Kuwait, Qatar and the UAE following the eruption of the Arab Spring, with each country pledging $1.25bn for the kingdom (MEES, 10 May 2013). He notes that this fund has already disbursed JD456mn in 20...
Volume: 58Issue: 46Published at Fri, 13 Nov 2015 -
Egypt Tourism Receipts (% Of Current Account )*
...st 8% for 2013/14. This is still somewhat down on 15% in 2011/12 and substantially down on over 20% in 2009/10 but the signs were positive for Cairo before the 31 October Russian passenger plane crash. > Russian tourists make up the bulk of those visiting Egypt, and Cairo will be reeling at the ne...
Volume: 58Issue: 46Published at Fri, 13 Nov 2015 -
IPIC Subsidiaries Team Up In Abu Dhabi Upstream
...u Dhabi’s state-owned International Petroleum Investment Company (IPIC) in 2011 and has since developed into an international investment vehicle for its parent. IPIC also directly owns a 20.8% stake in Japan’s Cosmo Oil, which – like Cepsa – is primarily a downstream firm in its home country. Bu...
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Egypt Cuts Deficit On Back Of Gulf Cash, But More To Do
...taled E£701.5bn ($109.4bn), virtually level with the previous year (+0.5%) in real dollar terms. The 2013-14 spending equates to 35% of GDP. Egypt has seen close to four years of political turmoil following the February 2011 overthrow of Husni Mubarak. The 2013-14 fiscal year began with the July 2013 ou...
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Oil Prices: Uncertainties, Confusion And Conspiracy
...REGIONAL/SAUDI ARABIA Oil Prices: Uncertainties, Confusion And Conspiracy OPEC’s ‘need’ to maintain $100/B-plus sowed the seeds of recent oil price falls. What happens next? By-Paul Stevens* Oil prices have been falling. From 2011 to June 2014 the OPEC basket consistently av...
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Japanese Crude Oil & Condensate Imports, Q3 2014 (‘000 B/D)
...2013 2013 2012 2011 Middle East 2,829.1 2,940.7 2,631.7 2,800.2 85.8 +132.4 +5....
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 74.21 78.24 81.26 84.33 93.13 97.25 103.00 98...
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Energy Efficiency Key To Adapting To High Prices, Says IEA
...st,” says Dr Birol. “They were $544bn worldwide in 2012, a significant increase over 2011.” He adds that Mideast governments were responsible for half the total subsidies: “Fossil fuel subsidies are bad for the country’s budget, bad for the environment, bad for efficiency, and bad for the poor. Ut...
Volume: 56Issue: 46Published at Fri, 15 Nov 2013 -
IEA Labels Mideast As Key Driver Of Electricity Demand Growth
...REGIONAL IEA Labels Mideast As Key Driver Of Electricity Demand Growth World electricity demand is set to increase by more than two-thirds over 2011-35, according to the International Energy Agency (IEA). The agency’s latest World Energy Outlook, published on 12...
Volume: 56Issue: 46Published at Fri, 15 Nov 2013 -
Iran: Geneva Deadlock Breeds Talk Of Further US Sanctions
...tput and exports nosedive as sanctions have been ratcheted up over the past 18 months. Iranian crude oil output was just 2.68mn b/d in October (MEES, 8 November), down close to 900,000 b/d on its 2011 average of 3.59mn b/d; crude exports have averaged just over 1.1mn b/d over the first nine months of...
Volume: 56Issue: 46Published at Fri, 15 Nov 2013 -
Saudi, UAE Close To Top Of World SWF Rankings
....5 2002 Oil 10 23 Iran National Development Fund of Iran 54 2011 Oil & Gas 5 33...
Volume: 56Issue: 46Published at Fri, 15 Nov 2013 -
IMF Downgrades MENA Growth Projections To 2.3% For 2013
...lls for subsidy reform in the MENA region, estimates that pre-tax energy subsidies – measured as the difference between the value of consumption at world and domestic prices – amounted to about $237bn in 2011. This is equivalent to half of the world’s subsidies, 8.6% of regional GDP and 22% of go...
Volume: 56Issue: 46Published at Fri, 15 Nov 2013 -
Benchmark Crude Prices ($/B)
...12 2011 WTI 93.76 94.32 96.93 100.57 106.27 105.73 94.17 94.18 95...
Volume: 56Issue: 46Published at Fri, 15 Nov 2013 -
Ankara Poised To Unleash KRG Upstream Investment
...t-10 Discovery on first well drilled by OMV, but second well stopped in late 2011. Rovi, Sarta See Chevron above. Ma...
Volume: 55Issue: 46Published at Fri, 09 Nov 2012 -
Exploration Shows Signs Of Revival In Yemen
...rn of the year, Yemen’s ministry has been hard at work trying to restore the country’s battered oil industry, and in turn hike production back up to levels seen in the early 2000s. Production in the volatile state has been in constant decline with BP estimating the country’s 2011 output at 22...
Volume: 55Issue: 46Published at Fri, 09 Nov 2012 -
'Democratic' Bumps Fail To Prevent Libyan Gains
...oduction forecasts set back in September 2011. Libya’s refineries and petrochemicals plants are operating at “more than 350,000 b/d” or 90% of their capacity, he added. He acknowledged that production has sometimes varied sharply in recent months but added that these “problems and hiccups” ar...
Volume: 55Issue: 46Published at Fri, 09 Nov 2012 -
Libya Weighs Options For Gas Development
...LIBYA Libya Weighs Options For Gas Development Libya is targeting a 1bn cu ft/d hike in gas output to 3.5bn cfd by 2015. But the future of the country's only LNG plant, mothballed since February 2011, is up in the air. Nouri Berruien, chairman of Li...
Volume: 55Issue: 46Published at Fri, 09 Nov 2012 -
Egypt Extends Gas Bidding; TransGlobe Awarded Oil Blocks
...EGYPT Egypt Extends Gas Bidding; TransGlobe Awarded Oil Blocks Canadian independent TransGlobe was the biggest winner from Egyptian state firm EGPC's 2011-12 bid round. But the deadline for more recent gas-focused bidding has been put back three months amid sc...
Volume: 55Issue: 46Published at Fri, 09 Nov 2012 -
Shale Revolution, Slowing Demand Growth Cut Into Call On OPEC
...0bn for required additions and around $750bn for maintenance and replacement. Taking into account estimated midstream investments of “close to $1 trillion” the WOO sees global oil-related investment requirements 2011-35 “somewhere in the range of $6 to $7 trillion”.While precise growth in North Am...
Volume: 55Issue: 46Published at Fri, 09 Nov 2012