1. Algeria: Could 2018 See An End To Deficits?

    ...nths of 2017, the first time this has happened for any two-month period since 2014. Algerian gas exports have rebounded strongly since September as domestic demand has eased whilst the country has looked to maximize gas output (MEES, 15 September). The start-up of new gas fields – output from the Re...

    Volume: 60
    Issue: 51/52
    Published at Fri, 22 Dec 2017
  2. Qatar Gets Flexible In Bid To Adapt To Brave New LNG World

    ...uto 2012 4.3 Woodside Curtis Island - T1 2014 4.3 BG/CN...

    Volume: 59
    Issue: 51/52
    Published at Fri, 23 Dec 2016
  3. Qatar Readies For LNG Dogfight With Rasgas/Qatargas Merger

    ...clear accident sent Japan’s LNG imports to record levels) until the late-2014 collapse in oil prices. Typical LNG sales contracts are heavily oil-linked, though this linkage is eroding (see p7). But flagging demand and some LNG global supply growth since 2014 has weighed on prices, and reduced sellers’ ma...

    Volume: 59
    Issue: 50
    Published at Fri, 16 Dec 2016
  4. Eni Forces Sonatrach Gas Sales Concessions

    ...2014 when it agreed to include spot market gas prices rather than oil indexation in contracts with the Italian company. This took place in the context of changing patterns in the European market, caused by increased liquidity and competition and reduced demand following the 2008 financial crisis. Eu...

    Volume: 59
    Issue: 50
    Published at Fri, 16 Dec 2016
  5. Sonatrach ‘In Talks’ For Gas-Based Petchems

    ...tput often ends up doing little more than making up for declines at the country’s aging workhorse fields – the IEA’s latest WEO pegs Algeria’s 2020 gas output at 84bcm/year, up only marginally on 2014’s 83bcm. First among these aging fields is Hassi R’Mel, where the award to JGC is just the latest in...

    Volume: 59
    Issue: 50
    Published at Fri, 16 Dec 2016
  6. US Hikes 2017 Output Forecast As Firms Prepare To Raise Spending

    ...ude, having risen above 9mn b/d for the first time in 28 years in September 2014, fell back below this level in April this year on the back of a more than halving in oil prices. While the 9.63mn b/d April 2015 peak is set to stand for some time yet, by the same token it looks increasingly likely th...

    Volume: 59
    Issue: 49
    Published at Fri, 09 Dec 2016
  7. Traders Clean Up In Egypt LNG Import Tender

    ...lk of those with 25 (see table). Netherlands based Trafigura will supply 18 cargoes while BB Energy, Gunvor and Vitol will supply the rest. Egypt’s first LNG supply deal was signed with Algeria’s state gas firm Sonatrach in December 2014 (MEES, 27 February 2015) for the supply of six cargoes wh...

    Volume: 59
    Issue: 48
    Published at Fri, 02 Dec 2016
  8. What Does 2016 Hold For The Eastern Mediterranean?

    ...ich all parties hope will see the Leviathan field receive the go-ahead (MEES, 18 December).  Israel’s gas sector was mired in stasis after the country’s antitrust chief in December 2014 labeled Noble and Delek a monopoly, essentially freezing both firms’ plans to develop Leviathan and further develop th...

    Volume: 58
    Issue: 52
    Published at Wed, 23 Dec 2015
  9. Leviathan: Stranded Between Low Prices And Anti-Netanyahu Backlash?

    ...te 2017,” Mr Davidson said (MEES, 2 May 2014). Mr Fisher now says the “timeframe from sanction to production” will be “anywhere from three to four years” – that is to say early next decade at best. Currently Tamar is Israel’s only producer with first phase capacity of 1.2bn cfd – production hit a re...

    Volume: 58
    Issue: 51
    Published at Fri, 18 Dec 2015
  10. Dolphin Splashes On Debt, Stranded By Gas Impasse

    ...taled just over 6mn tons in 2014 (8.2bn m3 or 790mn cfd of gas), via a Floating Storage and Regasification Unit (FSRU) in Dubai (MEES, 30 October). Domestic production is expanding, with production at the Shah Gas field ramping up in Q3 2015 towards its 500mn cfd target (MEES, 9 October). However, de...

    Volume: 58
    Issue: 50
    Published at Fri, 11 Dec 2015
  11. Bahrain LNG Plans

    ...s supply limits (MEES, 23 May 2014). Bahrain produced around 1.63bn cfd of gas in 2014, according to the BP Statistical Review. About one-third is burned in power plants. Bahrain aims to expand its associated gas production. Energy Minister ‘Abd al-Husain ‘Ali Mirza this week said he would soon aw...

    Volume: 58
    Issue: 50
    Published at Fri, 11 Dec 2015
  12. Iraq Chalks Up Record Exports But Revenue Less Than Half Mid-2014 Level

    ...e KRG, were boosted from a backlog in loading from a storm-hit October schedule (MEES, 6 November). But, despite this, the month’s export revenue of $3.67bn is just 47.5% of the $7.74bn that Iraq’s oil exports brought in in July 2014 before oil prices collapsed. Average November takings were ju...

    Volume: 58
    Issue: 49
    Published at Fri, 04 Dec 2015
  13. Jordan Politicians Slam Israel Gas Deal

    ...en forced to rely on costly imports of liquid fuels. The country’s energy import bill soared to $5.7bn last year with fuel oil imports accounting for almost half the total (MEES, 7 March). The first nine months of 2014 has seen a further 11.5% rise to JD3.358bn ($4.74bn) MEES, 28 November, although th...

    Volume: 57
    Issue: 51/52
    Published at Fri, 19 Dec 2014
  14. Lebanon LNG Tender

    ...gasification unit (FSRU). Mr Basil says that the ministry will begin a round of negotiations with five preferred bidders in January 2014 and expects to sign contracts in the third or fourth quarter of 2014. But it remains unclear if the ministry has the proper authority to execute the LNG deal, given its “ca...

    Volume: 56
    Issue: 50
    Published at Fri, 13 Dec 2013
  15. Baghdad Offers Guarantees For Export Pipeline Mega-Project

    ...ncedes it “is a very challenging schedule,” but he argues “if we get [financial completion] sometime in the first half of 2014, it will be still effective.” Given a 36-month construction project, this should see start-up in mid-2017. He declined to comment on any investment costs or fee arrangements with Jo...

    Volume: 55
    Issue: 52
    Published at Fri, 21 Dec 2012