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Egypt Gas Hub Plans: Goal Or Own Goal?
...rminals at Idku and Damietta on the Mediterranean coast. Noble and Delek’s partner Anglo-Dutch major Shell at Cyprus’ 4.2tcf Aphrodite. Talks have taken place this week to send gas to Egypt, although they remain at a preliminary stage. Aphrodite was discovered in 2011 and a development plan has yet to be an...
Volume: 61Issue: 08Published at Fri, 23 Feb 2018 -
Iranian Oil Exports Hit Pre-Sanctions Levels As European Share Grows
...Iran produced an average of 3.79mn b/d of crude in 2017, up 10.5% on 2016, with output reaching 3.83mn b/d last month. Not surprisingly export volumes are also up. Buyers of Iranian crude and condensate took just over 2.50mn b/d last year, edging above 2.47mn b/d for 2011, the year before US-le...
Volume: 61Issue: 06Published at Fri, 09 Feb 2018 -
Qatar Sidesteps Trade Embargo With 20% Export Revenue Gain In 2017
...r 2018-22). Though the strategy has not been published the IMF says it has an “enhanced focus on economic diversification.” But given that the 2011-16 plan said “Nonhydrocarbon exports are expected to show strong gains,” it’s fair to say diversification is often planned but rarely implemented – in th...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018 -
Japan Big Winner As Saudi Arabia Cuts Crude Exports
...panese imports has also risen strongly, topping 40% for the first time in 2017, up from 30.5% in 2011. Not only is Japan importing more Saudi crude but the slate is becoming more tilted towards lighter, and more expensive grades. The key Saudi grade Japan took in 2017 was Arab Extra Light, which in...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018 -
Algeria Boosts Its Share In Spain’s Gas Imports In 2015
...ntracts with Spanish buyers, according to data from Cedigaz, equivalent to a total of 14.92 bcm/year. This includes a 0.96 bcm/year, 20-year contract through the Medgaz link with France’s Engie which dates back to 2006, even if commercial flows through the pipeline only started in 2011. The other 13.96 bc...
Volume: 59Issue: 08Published at Fri, 26 Feb 2016 -
Iran Eyes Growing Gas Shipments To Armenia, Turkey
...at Armenia would be able to transfer 0.5 bcm/year of Iranian gas to Georgia. BREAKTHROUGH ON TURKISH PRICING? Iranian and Turkish officials said on 2 February that the International Court of Arbitration had ruled that Iran should cut the cost of gas exports to Turkey backdated to 2011. Turkey ha...
Volume: 59Issue: 06Published at Fri, 12 Feb 2016 -
East Asian Importers Take Less LNG In 2015; Little Sign Of An Upturn In 2016
...pply coming onstream, from Australia and the US in particular, means that for Middle East producers, starting with Qatar, the competition is becoming increasingly palpable. JAPAN: NUCLEAR RESTARTS Japan notched up three straight years of record 87mn tons-plus LNG imports following 2011’s Fu...
Volume: 59Issue: 05Published at Fri, 05 Feb 2016 -
Qatar Looks To Adapt Amid Shifting Global LNG Landscape
...rst LNG importer in 2011, with Qatar providing most of the LNG volumes. Qatargas delivered 27 spot cargoes to the 5mn t/y Map Ta Phut LNG receiving terminal which is able to accommodate the giant Qatari Q-Flex vessels. With plans to double the facility’s capacity to 10mn t/y, it will be able to re...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Total Takes The Long-Term View On Global Lng Markets
...me, some years ago. The aftermath of the Fukushima nuclear disaster in 2011 witnessed a shift between the Atlantic Basin and the Pacific region, especially due to an increase in Japanese imports (with a plateau at 88mn tons/year). A new wave of LNG was contracted and is under finalization in Papua Ne...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015 -
South Korean LNG Imports: Qatar Cements Top Position In 2014
...South Korean LNG Imports: Qatar Cements Top Position In 2014 2014 2014 vs 2013 2013 2012 2011 ‘00...
Volume: 58Issue: 06Published at Fri, 06 Feb 2015 -
Suez Canal Record Revenue And Volumes For 2014 (‘000 Tons)
...Suez Canal Record Revenue And Volumes For 2014 (‘000 Tons) 2014 vs 2013 vs2010 2013 2012 2011...
Volume: 58Issue: 06Published at Fri, 06 Feb 2015 -
Yemen Locked In LNG Price Negotiations With French Duo
...09 2010 2011 2012 2013 Mn T 0.19 1.65 2.71 2.59 3.59 Supplier Ra...
Volume: 57Issue: 07Published at Fri, 14 Feb 2014 -
Iraq Hires Big Law Firm To Thwart KRG Export Plans
...transport 1.1mn b/d but – even when things have been running smoothly – it has only been operated at around a third of capacity in recent months. For January a mere 190,000 b/d of Iraqi crude was shipped via the Kirkuk-Ceyhan pipeline, down 50,000 b/d on December and down 250,000 b/d on 2011 vo...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
LNG: Qatar’s Russian Strategy – Compete Or Collaborate?
...2011 exported 14.4bcm to Asia-Pacific – 9.8bcm to Japan and 3.9bcm to South Korea. State-owned Gazprom signed a preliminary deal in September 2012 with the Japanese government, which will help fund a planned $13bn 10mn t/y LNG export terminal in Vladivostok – like Sakhalin only 3 days’ shipping to To...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
South Sudan Claims Progress On Own Oil Pipeline
...ighbor to the north signed a series of cooperation agreements in late September, which were – among other things – meant to pave the way for Southern Sudanese crude oil to resume its flow through Sudan and on to Port Sudan for export. Despite seceding from the north in July 2011, South Sudan is still hi...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
Suez Canal 2012 Statistical Analysis: A Record Year For Crude Shipments
... EGYPT Suez Canal 2012 Statistical Analysis: A Record Year For Crude Shipments By James Cockayne 2012 was a record year for shipments of crude through the Suez Canal. Total volumes hit 1.38mn b/d, up 84% (630,000 b/d) on 2011 and 120,000 b/d up on 20...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Nabucco Loses RWE Replacement
...pressed an interest in joining the Nabucco project in September 2011, when it would have been the consortium’s second German partner after RWE. After a hiatus Bayerngas restarted its talks with Nabucco in May 2012, when Bayerngas spokesman Dirk Barz told Azerbaijan’s Trend News Agency that negotiations be...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013