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Qatar Maxes Condensate Splitters, Hits Fresh Products Records
...ich 349,000b/d refined, 401,000b/d exported) SOURCE: QATAR PETROLEUM, ASIA PACIFIC ENERGY CONSULTING, MEES. JAPANESE IMPORTS OF QATARI CONDENSATE SLUMP FURTHER IN 2017 ('000 B/D) SOURCE: METI, MEES. NAPHTHA, JET-KERO, DIESEL FROM RAS LAFFAN 2 DRIVE QA...
Volume: 60Issue: 47Published at Fri, 24 Nov 2017 -
LNG Prices Leap On Record Chinese Buying
...• Prices for Asian spot LNG imports have jumped to around $9/mn BTU for December arrival cargoes. December is the peak month for winter (and thus annual) buying. • China is the key demand driver. Already for the first nine months of 2017, imports at 25.63mn tons, were up by a whopping 43...
Volume: 60Issue: 45Published at Fri, 10 Nov 2017 -
Egypt: Last LNG Tender?
...ypt. Oil minister Tarek El Molla says that Egypt will reach natural gas self-sufficiency by mid-2018 once Italian firm Eni’s 24 tcf Zohr gas field ramps up after its December 2017 start-up (MEES, 3 November). Egypt began importing LNG in April 2015 when gas output was 4.40bn cfd and has imported ar...
Volume: 60Issue: 45Published at Fri, 10 Nov 2017 -
Iraq Boosts Export Capacity, Eyes Alternative Routes
...346mn b/d, up about 100,000 b/d from September (see p7). Southern exports have averaged 3.264mn b/d for the first 10 months of 2017 with output cut from January as part of the Opec agreement. October figures also saw a three-year high for export revenues at $5.455bn. The new SPM brings Iraq’s total ex...
Volume: 60Issue: 44Published at Fri, 03 Nov 2017 -
Iraq Export Revenues Soar
...2016 to 160,000 b/d in 2017, reversing a four-year trend of increasing crude burns to satiate domestic demand. Reducing flaring rates and gas imports from Iran account for the improvements. But, whilst export volumes have edged higher in recent months, the bulk of the gain in revenues has come fr...
Volume: 60Issue: 44Published at Fri, 03 Nov 2017 -
Taiwan’s LNG Imports Boosted As Government Plans To Exit Nuclear
...G 6.9mn tons/year plant since its 2014 start-up under a 20-year contract for 1.2mn t/y. The company has also committed to buy 1.75mn t/y under a 15-year contract from the 8.4mn t/y Ichthys LNG in Western Australia which is scheduled to come onstream in 2017. It will also be receiving volumes fr...
Volume: 59Issue: 46Published at Fri, 18 Nov 2016 -
GE Takeover Of Baker Hughes To Create Services #2
...ergy, water, aviation and digital sectors. By 2017 GE and SAIIC plan to spend $1bn on projects with Saudi and international firms in support of the Saudi Vision 2030 economic diversification program (MEES, 27 May). GE/BAKER HUGHES TO LEAPFROG HALLIBURTON AS GLOBAL SERVICES #2 ($BN Q1-3 16 RE...
Volume: 59Issue: 45Published at Fri, 11 Nov 2016 -
LNG: Asian Buying Rises, But Output Up By More
...cargoes over a four-year period from April 2017. ASIAN 2016 LNG IMPORTS SET TO EDGE ABOVE 2015 VOLUMES ON UPTICK IN LATE-YEAR BUYING (MN TONS) F= 2016 FORECAST BASED ON JAN-SEP VOLUMES AND 2015 SEASONALITY. *ESTIMATES FOR TAIWAN, INDIA. BASED ON JAN-AUG VOLUMES. SOURCE: IM...
Volume: 59Issue: 44Published at Fri, 04 Nov 2016 -
A New Vision: Kurdistan, A Major Gas Province?
...itial 4 bcm/year of natural gas to Turkey from 2017, rising to 10 bcm/year by 2020 and with the option of increasing to 20 bcm/year thereafter (MEES, 11 April 2014). However, Mr Hawrami acknowledged that the KRG’s financial strains mean that the timeline would likely “slip by six to twelve months, to 2019 pe...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Qatar And China Strengthen Trade And Investment Ties
...ansformation in the coming years, when a number of Australian liquefaction projects are completed. Indeed, Australia is set to surpass Qatar as the world’s leading supplier of LNG in 2017. US LNG exports will follow Australia into the Asia Pacific market starting next year when Cheniere Energy’s first 4.5mn to...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
US LNG To Challenge Qatar In Key Asian Markets
...A). This could mean additional competition for sales to Qatar’s key Asian customers Japan, China and India, as well as Europe from 2017, when Freeport hopes to begin exports. Of LNG importers only South Korea and Singapore currently have FTAs with the US. Freeport will be able to export a total of 1....
Volume: 56Issue: 48Published at Fri, 29 Nov 2013 -
Further Delay For Emirates LNG Import Plans
...irates LNG’s revised plans will almost certainly push completion back to 2016 or 2017. The UAE currently imports 2bn cfd of gas from Qatar via the Dolphin Energy pipeline (this could increase to up to 3.2bn cfd if Dolphin secures additional resources when it completes installation of additional pi...
Volume: 56Issue: 46Published at Fri, 15 Nov 2013 -
Regional Alliances Leave Juba In Two Minds Over Planned Oil Pipeline
...establish an exit route for their oil from 2017 – when the two countries are expected to begin producing. Kenya and Uganda were scheduled to jointly float a tender for the design of the oil pipeline at the conclusion of the Kigali meeting. Irish independent Tullow Oil recently confirmed the pr...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013