1. Qatar Petroleum Targets Transformation, Embargo Or No Embargo

    ...efficiently burning vast volumes of crude and fuel oil – an average of 500,000 b/d of each for the first nine months of 2017. That it is now actively considering gas imports could provide a major shot in the arm for gas exporters given its gargantuan appetite for energy. But Qatar is unlikely to benefit: ev...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  2. Qatar Revives Plan For New Petchems Capacity

    ...neration’ chemicals and Qatar’s ready availability of naphtha suggest QP may be looking to follow Saudi Arabia’s Sadara JV in cracking naphtha as well as ethane. Qatar’s refinery, two GTL projects and two condensate splitters produced 132,000 b/d naphtha in 1-3Q 2017, of which almost all, 128,000 b/d, wa...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  3. Energean: Karish, Tanin Go-Ahead Imminent

    ...cm/y of gas sales deals before taking a final investment decision (FID) and that it hoped to do so by the end of 2017. With the deals now signed, Mathios Rigas, Energean CEO says “we are aiming to progress with FID early in 2018.” Some in Israel have accused Energean of not being a serious outfit bu...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  4. China Demand Boost For LNG Sellers: But Will It Last?

    ...ijing’s coal-to-gas switching policy. With demand far outstripping volumes under long-term contracts, Chinese buyers have turned to flexible short-term volumes, including from the world’s top LNG producer Qatar which shipped 5.65mn tons in the first ten months of 2017, up 67% year-on-year. China’s ov...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  5. Kuwait’s Downstream Diversification Strategy

    ...tchems long-term – on Oman’s Arabian Sea coast, to which it would supply 150,000 b/d, or 65% of the plant’s feed. With KPC exporting an average 2.03mn b/d of crude in HI 2017, the 350,000 b/d of crude secured for the Vietnam and Oman refineries represent over 17% of total exports. Talks for refining ve...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  6. Bahrain $4.2b Refinery Deal

    ...ard EPCC in 1H 2017, with a view to having the plant fully operational by end-2020. Now TechnipFMC says the project is “slated for completion in 2022.” Bapco has recently been running the Sitra plant flat out, with 2016 crude throughputs averaging 261,000 b/d and throughputs for the first three qu...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  7. Iraq Adds Upgrades To Gas-Fired Plans, Keeping Pressure On Rising Supplies

    ...e reason for the increased availability of gas for power generation has been reduced flaring. Although Iraq flared more than 60% of its gas in 2016, improved gas recovery – mainly by Basra Gas Company, which recovered 574mn cfd in 2016 and aims to reach 723mn cfd in 2017 and 1bn cfd in 2018 – en...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  8. Saudi, Algerian Cuts Lead Opec to Six-Month Production Low in November

    ...ter starting 2017 with strong compliance, Kuwait is struggling to adhere to its production allocation. The planned start-up of 120,000 b/d light crude in Q1 2018 will pose serious questions about its commitment. OPEC WELLHEAD PRODUCTION, NOVEMBER  2017 (MN B/D, MEES ES...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  9. Six Months Of Solitude: Qatar Crisis Threatens Future Of GCC

    ...aken at first, appears to have largely stabilized. With much of its imports previously sourced from, or transshipped via, Saudi Arabia and the UAE, it has had to swiftly secure new import routes. Monthly imports were relatively flat at around $9bn in the first half of 2017, but plunged to $5.9bn in Ju...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017
  10. Tunisia Oil Output Rebound From Protests, Fundamental Problems Remain

    ...nisia, for whom their operations in the country were a key or the only asset, have either quit the country or gone bankrupt. The number of active permits fell to 31 at end-2015 and a mere 21 as of end-October. Ireland’s Circle went bust at the start of 2017 (whilst Canada-listed SDX bought Circle’s Egypt an...

    Volume: 60
    Issue: 49
    Published at Fri, 08 Dec 2017