1. Japan’s Inpex Eyes Iran Return Post-Sanctions

    ...pan’s biggest supplier in the first six months of 2015 has been Saudi Arabia, followed by the UAE and Russia. These volumes from Iran are well down on pre-sanctions levels however. In 2011, before sanctions on the purchase of Iranian crude oil were introduced, Japanese imports from Iran averaged 31...

    Volume: 58
    Issue: 33
    Published at Fri, 14 Aug 2015
  2. LNG Demand Outlook Looks Bearish As Japan Restarts Nuclear Plant

    ...t to come under further pressure. The restart of a first reactor at Japan’s Sendai nuclear plant this week marks a key step in the country’s drawn-out efforts to bring back its nuclear fleet, following the March 2011 tsunami and ensuing nuclear crisis. The news is bearish for LNG prices, es...

    Volume: 58
    Issue: 33
    Published at Fri, 14 Aug 2015
  3. JAPANESE LNG IMPORTS 2005-2015

    ...VOLUME (mn tons) 2005 2006 2007 2008 2009 2010 2011 2012 2013 20...

    Volume: 58
    Issue: 33
    Published at Fri, 14 Aug 2015
  4. Iraq: Key 2Q15 Oil Data (‘000 B/D)

    ...1H14 1H14 2014 2013 2012 2011 2010 CRUDE OUTPUT: Federal^   3,591 3,288 3,...

    Volume: 58
    Issue: 33
    Published at Fri, 14 Aug 2015
  5. EU-Algiers Political Efforts Out Of Touch With Market Realities

    ...e Transmed pipeline averaged around 780mn cfd in Q2 2014, down from 840mn cfd a year ago. This was higher than 632mn cfd in Q1 2015.  ALGERIA’S PIPELINE GAS EXPORTS (bcm /y)   2011 2012 2013 20...

    Volume: 58
    Issue: 32
    Published at Fri, 07 Aug 2015
  6. Egypt Signs Deals For CDU, Diesel Units In Push To Meet Rising Demand

    ...163,000 b/d in 2011 – when the Mubarak regime was overthrown and Egypt’s economy went into decline – diesel output averaged 150,000 b/d in the first five months of 2015, compared with 142,000 b/d in 2014. The recovery in domestic diesel production appears to be keeping the need for imports in ch...

    Volume: 58
    Issue: 32
    Published at Fri, 07 Aug 2015
  7. Libya Looks To Recover Overseas Cash

    ...rgesse with the aim of garnering support. Post-Qadhafi’s 2011 downfall this has left the LIA with a haphazard portfolio of investments across more than two dozen African countries, mainly in the telecoms, agriculture, mining and hotel sectors. The move against the four countries – Rwanda, Chad, Za...

    Volume: 58
    Issue: 32
    Published at Fri, 07 Aug 2015
  8. Jordan Taps Bumper Aid; IMF Praises Energy Policy

    ...a downward path. He also said there is a need to implement structural reform geared to job creation, labor market reform and improvement in the business climate. Jordan was badly hurt when the flow of Egyptian gas, which fuelled electricity generation in the kingdom, was severely reduced after the 2011...

    Volume: 58
    Issue: 32
    Published at Fri, 07 Aug 2015
  9. Iran Mulls Offering South Pars To IOCs As Opening Delayed

    ...ll behind schedule, whilst oil production and exports are now running at just two-thirds, and one half of 2011 levels respectively. But, as Iran continues its diplomatic push towards an agreement with the P5+1 (the five permanent members of the UN Security Council – the US, UK, France, China and Ru...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  10. Israel Refineries Hit Throughput Record, Diesel Exports Boom

    ...14 1H13 ‘000 b/d ***% 2013 2012 ‘000 b/d ***% 2011 2010 2009 20...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  11. GTL Back On The Radar For Mideast Downstream Planners

    ...2006 Qatar Shell/QP Pearl GTL, Ras Laffan 140 2011 Pr...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  12. Saudi Aramco To Invest $40bn Annually

    ...0bn barrels to existing resources. Saudi Arabia has 260bn barrels of recoverable reserves, a number that has remained constant even as output has risen steadily over the past decade to exceed an annual average above 9mn b/d since 2011. In addition to improved reservoir management, Aramco is lo...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  13. IDB Loans Egypt $425mn

    ...ruggling to revive its sagging economy, following the decline in growth since the overthrow of former president Husni Mubarak in early 2011. Egypt is seen by Gulf countries as key to stability throughout the Arab and Muslim world; stability which needs to be reinforced at a time of major political up...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  14. Indonesia’s Medco Returns To Tunisia As N American Firms Pull Back From MENA

    ...7.7mn sold Medco its Storm Ventures International subsidiary that holds the rights to the blocks. The deal once again gives Medco a foothold in Tunisia after it had relinquished its blocks in the country in 2011. Unlike other North African countries such as Libya and Algeria, Tunisia is not a major oi...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  15. Saudi Arabia Official Crude & Products Output, Consumption And Trade Figures, 1h 2014 (‘000 B/D)

    ...13 2012 2011 2010 2009 Crude Production 9780 +75 +138 9705 9660 97...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  16. Benchmark Crude Prices ($/B)

    ...13 2012 2011 WTI 94.55 94.39 97.19 102.36 105.13 103.00 98.56 98...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  17. South Sudan Oil Sector Takes Hit With Exxon Exit

    ...stopped operations at the block in 1985, after the resumption of the former Sudan’s decades-long civil war, which ultimately ended with a 2005 peace deal that paved the way for the South’s secession in 2011. And despite regularly talking up its plans to resume exploration at the block, it is yet to...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014
  18. Algeria: Terrorist Threat Low, But IOCs Keep An Eye On Security

    ...ys Riccardo Fabiani, an analyst at the Eurasia Group. And while the Algerian military were not deemed to be up to the task in 2011, some oil executives are now confident that the security forces have responded well to the shock of In Amenas. “We are conscious of what happened last year, co...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014
  19. Oman Oil Names Former Oxy Executive As New CEO

    ...$8mn from a senior official at Korea’s LG International some years ago, after the Korean firm won a total of $2bn-plus in contracts related to key downstream projects. The case came to light two years after the Omani leader Sultan Qaboos launched an anti-graft campaign in 2011, aimed at de...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014
  20. Arab Bank In Court

    ...nks – like France’s BNP Paribas – have faced US charges for doing business with countries against which the US has sanctions in place. The case may have implications for banks elsewhere in the Middle East. Lebanese banks, for instance, are notoriously secretive. In 2011, US Treasury Department ac...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014