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Aramco Eyes Chinese Take-Away From Sabic Purchase
...en increasingly shifting towards Europe, with exports to Asia halving from 734,000 b/d in 20116 to 358,000 b/d last year. Sabic opened a technology center in Shanghai in late 2013 with the aim of becoming the “preferred technology partner” for its Chinese customers. The center is leading Sabic’s de...
Volume: 62Issue: 35Published at Fri, 30 Aug 2019 -
Libya Plans Petchems Restart
...airman Mustafa Sanalla told MEES in June that its subsidiary Rasco also plans to restart the naphtha cracker at the petrochemical complex which would produce feedstock for the polyethylene plant (MEES, 5 July). Before the 2011 Libyan Revolution and the ensuing chaos knocked the complex out of op...
Volume: 62Issue: 33Published at Fri, 16 Aug 2019 -
Spain: Record Crude Imports, Record Opec, Record Libya
...0 B/D) *LIBYA, SAUDI, NIGERIA & MEXICO WERE THE TOP FOUR COUNTRIES FOR 2017, 2018 AND 1H 2019. RUSSIA AND IRAN ARE THE ONLY TWO OTHER COUNTRIES TO HAVE BEEN TOP ON A QUARTERLY BASIS SINCE 2011. SOURCE: CORES, MEES. SPAIN CRUDE IMPORTS (‘000 B/D): SIX-YEAR HIGH SAUDI VOLUMES & RECORD LIBYA FILL VO...
Volume: 62Issue: 33Published at Fri, 16 Aug 2019 -
Turkey’s Plan For The East Mediterranean: Disrupt, Stir Up, And Provoke
...y. CLAIMS AND COUNTERCLAIMS IN THE EASTERN MEDITERRANEAN GUNBOAT DIPLOMACY Turkey certainly aims to show it means business. Since the 2011 discovery of the 4.2tcf Aphrodite field by US firm Noble Energy in RoC-awarded Block 12 - and the subsequent 2018 Calypso and 2019 Gl...
Volume: 62Issue: 32Published at Fri, 09 Aug 2019 -
Iraq Crude Exports Edge Up In July
...ightly. Baghdad has so far brought in $47bn this year, down just $800mn (see chart). If oil prices and exports hold steady, Iraq is looking at around $80bn in export revenues – just a hair behind last year’s $83.7bn and not far behind the 2011-14 days of $100/B oil when Iraq netted $85-95bn despite only ex...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Eni & Total Strengthen Cyprus Ties
...months. Appraisal wells are slated for Calypso on Block 6, Glaucus on Block 10 and also at the 4.2tcf Aphrodite field, Cyprus’ first gas discovery in December 2011. This would be the second appraisal well drilled at Aphrodite: the previous one was drilled six years ago. In June the pa...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Tunisia At The Crossroads
...llowing the 2011 ouster of long-time ruler Zine al Abidine Ben Ali and into a young democracy. As prime minister of the transitional government in 2011, the secularist Mr Essebsi could have caused all sorts of problems for the ‘Islamist’ Ennahda party which won the October 2011 elections. He chose not to...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019