1. Iran Expands Crude Export Infrastructure

    ...dicate bumper volumes. Crude exports to Europe rose to 850,000 b/d according to the IEA. This would be the highest level since sanctions were tightened in 2011. Pirouz Mousavi, Managing Director of IOTC, tells the oil ministry’s Shana news agency that 95% of crude exports are shipped from Kharg. Sm...

    Volume: 60
    Issue: 26
    Published at Fri, 30 Jun 2017
  2. LNG Supply Glut To Depress Prices For Years To Come

    ...Global LNG export capacity rose by 45% between 2011 and 2015 with 90% of this coming from the US and Australia. The “massive expansion” of Australian and latterly US export capacity, particularly since 2014 “just as demand slows” means “global gas prices are set to stay under pressure” for th...

    Volume: 59
    Issue: 24
    Published at Fri, 17 Jun 2016
  3. Cyprus: Eni Plans September Drilling, CNOOC Eyes Aphrodite Stake

    ...th the Energy Ministry. Nicosia is keen to make additional offshore gas discoveries sooner rather than later, with US firm Noble and Israeli partner Delek increasingly veering towards floating LNG as an exploitation option for their 2011, 5 tcf Aphrodite discovery on Cyprus’ Block 12, the only di...

    Volume: 57
    Issue: 25
    Published at Fri, 20 Jun 2014
  4. IEA Sees $735Bn Investment In Evolving LNG Market Through 2035

    ...wn this year. More vessels will hit the water, further lowering charter rates: after reaching a high of about $150,000/day after Japan’s 2011 Fukushima Daiichi nuclear accident, rates have decreased to about $70,000/day and will likely continue on a downward trajectory. Oil & Gas Transport In...

    Volume: 57
    Issue: 24
    Published at Fri, 13 Jun 2014