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India Imports Record Russian Crude In Q2 Despite June Dip
...roughout the quarter, with combined sales of 1.848mn b/d in June the lowest figure in MEES records back to 2011. Of course, the Middle East is not the only region seeing its position in India being squeezed. Volumes from North Africa, Sub-Saharan Africa and the Americas have all weakened amid the influx of Ru...
Volume: 66Issue: 30Published at Fri, 28 Jul 2023 -
Libya Oil Outages Highlight Continued Instability
...vel with late-2019 as the highest monthly figure since February 2014 (see chart 3). 1: LIBYA’S CRUDE OUTPUT LEVELS HAVE BEEN HIGHLY VOLATILE SINCE THE EARLY 2011 REVOLUTION (‘000 B/D)… *AS PER OPEC ASB FOR SOME YEARS (INCLUDING 2022) THIS DOES NOT TALLY WITH NOC’S BY-CONCESSION FIGURES. NA...
Volume: 66Issue: 29Published at Fri, 21 Jul 2023 -
Sudan War Leaves South Sudan Desperate For Export ‘Plan B’
...o on 9 July 2011, the conflict has serious implications for the country. South Sudan’s economy is dangerously dependent on oil, which accounts for 90% of government revenues according to the IMF. This is exported to global markets via a 1,600km, 250,000 b/d capacity pipeline to the Bashayer export te...
Volume: 66Issue: 28Published at Fri, 14 Jul 2023