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Oman LNG Records Rare Output Rise, But Revenue Falls Regardless
...cent levels. Any continued recovery, and there has been in the first two months of 2017, is likely to be relatively modest. Slow demand growth and the onset of fresh supplies from competitors such as Australia will extend the current supply glut for the next few years. EXPORT DESTINATIONS IN...
Volume: 60Issue: 15Published at Fri, 14 Apr 2017 -
Mid-East LNG Demand‘A Driving Force’ In 2015
...lution. Whether this is realistic remains to be seen. Egypt hopes to call time on gas imports by 2020 following last year’s discovery of the 23 tcf Zohr offshore field – operator Eni plans first gas from late 2017, ramping up to 2.7bn cfd by 2019 (MEES, 25 March). But while this is substantially more th...
Volume: 59Issue: 14Published at Fri, 08 Apr 2016 -
Cyprus: Bids In For Gas Import Tender
...d 30 June 2017, with DEFA thought to favor bids that stipulate an earlier start date. One of the bids came from Texas-based Noble Energy and Israeli firm Delek Group, partners in both Israel’s 19tcf Leviathan natural gas field and Cyprus’ own Aphrodite discovery. The others came from Dutch-owned oi...
Volume: 57Issue: 16Published at Fri, 18 Apr 2014 -
International Gas Union Sees Changing LNG Market After 2014
...stralia and Papua New Guinea LNG volumes hit the waters. Qatar’s 77.2mn t/y of production represented about 33% of the global LNG trade in 2013; however, IGU says that Australian liquefaction capacity will surpass Qatari capacity by 2017. In addition to existing capacity, the seven projects currently un...
Volume: 57Issue: 14Published at Fri, 04 Apr 2014