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  1. Saudi Aramco Plans 50% Gas Output Boost By 2030

    ...IMBS AT FASTEST RATE SINCE 2017 (BN CFD) *CONVERTED FROM BTU TO CFD UNTIL 2011. SOURCE: SAUDI ARAMCO, MEES.   2: SAUDI ARABIA OIL BURN* PEAKED WELL BELOW 2020 LEVELS LAST YEAR, BUT STILL TOPPED 1MN B/D OVER SUMMER (‘000 B/D) *CRUDE PLUS FUEL OIL CONSUMPTION. PRESUMES ALL FUEL OI...

    Volume: 65
    Issue: 12
    Published at Fri, 25 Mar 2022

  2. Asian LNG Prices Dip As Europe Outcompetes For Spot Cargoes

    ...pan and India, the latest import data for January indicates that both had already sharply curbed imports rather than compete for top-of-the-market spot supplies. Japan’s January import volume of 6.79mn tons was the lowest for the month since 2011. The average price paid for January dipped from De...

    Volume: 65
    Issue: 11
    Published at Fri, 18 Mar 2022

  3. Iraq Poised For 500MW Turkey Power Imports

    ...nce at least 2019. Ministry plans seen by MEES show two planned links. The first uses an existing 132KV line from Silopi in Turkey to Zakho in Iraqi Kurdistan which was last used in 2011 at an average 5MW. A contract for 150MW of 2021 imports did not go ahead after Turkish energy trader Aksa Aksen as...

    Volume: 65
    Issue: 10
    Published at Fri, 11 Mar 2022

  4. Egypt: Record 2021 Gas Output But Outlook Uncertain

    ...crease on December 2021’s 9,394 b/d, but still the lowest since 2011. TransGlobe says much of its “$33.1mn Egypt capital program is predominantly weighted towards 13 development wells within the Eastern Desert.” “With the finalization of the concession agreement, the primary focus of the 2022 Eg...

    Volume: 65
    Issue: 09
    Published at Fri, 04 Mar 2022

  5. Opec+ Resists Pressure To Release More Oil Amid Ukraine War

    ...ssage to global oil markets that there will be no shortfall in supplies as a result of Russia’s invasion of Ukraine.” This is only the fourth such coordinated drawdown, and the first since 2011 when the Libyan revolution disrupted production there (MEES, 27 June 2011). Following its meeting, Opec+ st...

    Volume: 65
    Issue: 09
    Published at Fri, 04 Mar 2022