Iran LNG Plans Hamstrung By Domestic Demand, Lack Of Foreign Cash

...located 32bcm to reinjection in 2014. Of course in 2014 (and 2011, 2012 and 2015) demand for sanctions-hit Iran’s crude was low enough that Iran could afford to slash reinjection and still have enough oil to meet demand. The corollary is that last year as post-sanctions Iran sought to ramp up crude output to...

Libya’s East-West Divide Flares Up Amid Oil Port Fighting

...would prefer a man with an iron fist and a promise to keep a grip on emigration to indefinite instability or an Islamist leaning democracy. Mr Haftar has a long history with the US, having been given refuge there for two decades before his return to Libya in 2011. But he is vilified by opponents in...

Indian LNG Imports 2016: Qatar Still Dominant With 62% Of Total

...    ALL 2016 NUMBERS AND ALL VOLUME NUMBERS ARE FOR CALENDAR YEARS. ANNUAL VALUE/PRICE NUMBERS FOR 2011-15 ARE FOR FINANCIAL YEARS ENDING 31 MARCH (IE ‘2015’ IS APR15-MAR16). *CHANGES EXPRESSED ON A PERCENTAGE POINTS BASIS. SOURCE: INDIAN DEPT OF COMMERCE, IGU, GIIGNL, MEES CALCULATIONS....

EU Crude Imports By Origin & Grade 2011-2015 (‘000 B/D)

His Mission Accomplished, Qatar’s Attiyah Bows Out

...to the world’s largest producer and exporter of liquefied natural gas (LNG) in almost record time. His mission completed, Mr ‘Attiyah was promoted to head of the Emiri court in 2011, by which time he had amassed a number of accolades and honors from foreign government and from the industry.  He re...

US Production Hits Record 9.4mn B/D In February After Record 2014

...13                           2014 ‘000 b/d % 2013 2012 2011 2010 2009 2008 Feb-15* Ja...

Indian ‘Compliance’ Beginning To Hit Iran Oil Sales

...ta, having only recently just come out with figures for December 2014. Iran’s January deliveries figure is down 11% on the 1.27mn b/d it shipped in 2014 – which is already well down on an average of 2.53mn b/d in 2011 – before the latest round of US and EU sanctions on Iranian oil exports were im...

Suez Canal Traffic Data, 2013

...Suez Canal Traffic Data, 2013   2013 Change vs 2012   2012 2011 2010 2009 2008 20...

Iran, Oman Edge Closer To Gas Supply Deal

...ying: “contrary to other contracts, we have not agreed on a price.” History shows – especially in the case of Oman and Iran – that price can prove the thorniest of issues when negotiating such deals. The two sides came agonizingly close to striking a similar gas export agreement in 2011, only for ta...

Mideast Gas May Move To Europe If Russia Cuts Supply

...ti-government protesters have shut in oil and gas fields, resulting in the loss of Libyan gas flows through the subsea  Greenstream pipeline, which have not been up to full volumes since the start of the uprising against Qadhafi in early 2011 (see graph 2). Turkey, particularly the western part of...

Qatar Faces Threat From US Shale – IMF

...ture fields, expected lower hydrocarbon prices, and growing nominal expenditures.” An easing of growth to around 6% for 2012 and 2013 from the stellar 13% increase posted in 2011 is largely the result of the long-standing and self-imposed moratorium on additional hydrocarbon production from the No...

Jordan Advances Gas Strategy With Shell LNG Supply Deal

...peated attacks on the line in the restive Sinai cut exports to around 100mn cfd for 2011 and 2012 and zero since July last year. Mr Hamid says that the cost of importing fuel oil, which has supplanted gas as a fuel for power generation, is six times higher than the cost of Egyptian gas imports. For 20...

Juba Clings To Pipeline Plan

...smissed as invalid. Juba felt it had the right to renegotiate deals signed before it gained independence in July 2011. Total has held a 32% stake in the license for more than 30 years, but has been unable to carry out any significant exploration during due to the violence that continues to grip the re...

Bahrain LNG Terminal Decision Approaches

...rips the liquid components – propane, butane and naphtha.     Oxy’s Production Sharing Agreement for deep gas exploration began in 2011 with geological and geophysical studies to determine optimal drill sites.  The first well is expected to be drilled in 1Q14.  In addition, high te...