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Tunisia Bags $2.9bn Loan
...sinesses. . As the first country to usher in the Arab Spring in 2011, Tunisia is struggling to cope with the political and economic transition, as the tourism industry collapsed with terrorist attacks and the inflow of refugees from neighboring Libya. Since 2011 Tunisia has been an abundant source of supply of...
Volume: 59Issue: 21Published at Fri, 27 May 2016 -
Saudi Products Records Tumble With Europe The Target Market
...st year hitting a record 1.09mn b/d in Q1, the third straight quarterly record (see chart). Diesel now accounts for 40% of Saudi refinery output, up from an average of 33% for 2011-13. Q1 2016 also saw record output of jet-kerosene (259,000 b/d, with a monthly record of 277,000 b/d in March), wh...
Volume: 59Issue: 20Published at Fri, 20 May 2016 -
Suez Canal Oil Data (‘000 B/D)
...NORTHERN OIL SHIPMEMTS HAVE DOUBLED SINCE 2011 TO AVERAGE 2MN B/D SINCE 2Q 2014... ...WITH SEASONAL RECORDS SET FOR EACH OF THE LAST THREE QUARTERS (MN B/D) NORTHBOUND PRODUCTS SHIPMENTS, DIESEL IN PARTICULAR, HAVE LED THE WAY. 1.2MN B/D OF SAUDI AND UAE RE...
Volume: 59Issue: 20Published at Fri, 20 May 2016 -
Morocco’s $4.6bn LNG Scheme Continues To Drum Up Interest
...d a 170MW steam turbine, requiring around 84 mn cfd (0.87 bcm/y). Supplies to the two plants were until October 2011, exclusively covered by the payment in kind – 0.75 bcm/y of gas that Morocco would receive from Algeria in return for transit rights. Morocco wanted to receive its transit fees in ca...
Volume: 58Issue: 20Published at Fri, 15 May 2015 -
Italy Ups Algerian Gas Imports As Lower Oil Prices Feed Through Into Contracts
...ood at 409.1 bcm in 2014, compared with 477.8 bcm in 2011, according to statistics from Eurogas, a fall of almost 15% over the past three years. Falling demand made it a buyers’ market and Europe’s main gas suppliers – Russia’s Gazprom, Norway’s Statoil, Algeria’s Sonatrach, and to some extent Qatar’s Ra...
Volume: 58Issue: 18Published at Fri, 01 May 2015 -
Israeli Offshore Gas Eyes Egyptian LNG Terminals
...yptian gasfields, has an offtake agreement for a further 1mn t/y. Spain went from being the dominant customer for Egyptian LNG in 2011 – when it took close to 30% of total volumes – to receiving zero for 2013 (see table). Houston-based Noble has a 36% of Tamar and is operator, Israel’s Delek Gr...
Volume: 57Issue: 19Published at Fri, 09 May 2014 -
ADNOC Pushes To Own Faulty Hormuz Bypass Pipeline
...ased around 1mn barrels of liquid fuel storage at Vopak Horizon’s terminal. Aramco Trading, founded at the start of 2011, is Saudi Aramco’s refined products trading arm. Saudi Aramco and Shell are likely hoping to target the Asian market and take advantage of Fujairah’s strategic po...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
Yemen LNG Sees Upturn In 2013 Fortunes
...ng Kong-based Prospect Group on 13 May. He notes that Yemen managed to produce 6.9mn t/y in 2011. Repeated shutdowns during 2012 – when Yemen LNG had to contend with seven separate bombings of the gas pipeline feeding its Balhaf liquefaction plant on Yemen’s southern coast – meant the plant pr...
Volume: 56Issue: 20Published at Fri, 17 May 2013 -
Dubai Set To Expand Jet Fuel Facilities
...tween its Jebel Ali refinery and the airport. In 2012, total passenger movement increased by more than 13% over 2011 and in 1Q13 passenger traffic surged nearly 21% over 1Q12 volumes. Dubai’s state airline Emirates has been accused by competitors of receiving preferential jet fuel prices at its hub ai...
Volume: 56Issue: 18Published at Fri, 03 May 2013