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Algeria: Prices Up, Volumes Down, Projects Delayed
...ole. Whilst this is only $1.6/B higher than the $51.4/B MEES factored in to its previous analysis (MEES, 25 August), the change is enough to slash the country’s expected 2017 trade deficit from $11bn to $8.6bn – and this despite MEES trimming 1bcm from its 2017 gas export forecast (see table). Of co...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
Qatar Boosts Revenue
...gust’s $51.9/B, September ought to prove profitable for Qatar. MEES estimates that Qatar hydrocarbon revenues are on track to come in at around $54bn in 2017. This would be a 15% increase on last year, although still less than half of 2013’s $120bn. If the recent oil price gains are sustained over the re...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
LNG Prices Edge Up, No Sign Of Hit To Qatar Revenues
...nsuming partners.” Korea has this year overtaken Japan as Qatar’s top customer: Japan took 12.12mn tons for 2016, versus 11.88mn t for Korea. For the first seven months of 2017 Korea took 7.12mn t versus 6.25mn t for Japan. Number three India took 10.64mn t for 2016 and 4.83mn t for the first half of 2017...
Volume: 60Issue: 37Published at Fri, 15 Sep 2017 -
Indian Crude Imports ('000 B/D): Saudi Continues To Lose Market Share To Top Supplier Iraq
...*PERCENTAGE CHANGE EXPRESSED IN PERCENTAGE POINT TERMS. SOURCE: INDIA CUSTOMS, MEES. INDIA’S TOP 3 CRUDE SUPPLIERS ('000 B/D): IRAQ HAS DECISIVELY OVERTAKEN SAUDI FOR TOP SPOT SINCE THE START OF 2017 WORLD’S TOP 5 CRUDE IMPORTERS: SAUDI VS IRAQ ALL EX...
Volume: 60Issue: 36Published at Fri, 08 Sep 2017 -
Falling Gas Prices Give Iran Dose of Realism
....93mn cfd) for 2014-15. Managing Director of Pars Oil and Gas Company (POGC) Ali Akbar Shabanpour said in June that output had risen to 431mn m³/d (15.2bn cfd, 157 bcm/year) and that it is planned to hit 526mn m³/d (191 bcm/y) by the end of the current Iranian year (March 2017). Averaging June ou...
Volume: 59Issue: 37Published at Fri, 16 Sep 2016 -
Bapco, Aramco Award Pipeline Contracts
...CC). At the contract signing ceremony, Bahrain’s Minister of Energy ‘Abd al-Husain ‘Ali Mirza said that the pipeline “will be finished by the end of 2017 or early 2018 and then there will be a six-month trial period.” He added that the ageing 230,000 b/d pipeline that it is replacing would be shut down in...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
Cyprus And Israel Gas Going Nowhere… For Now At Least
...pointed PM – see p15) that he expects Egypt to receive Cypriot gas by 2017 (MEES, 11 September). Cairo has also been involved in the discussions between the partners in Israel’s 22tcf offshore Leviathan gas field (Noble 39.66%, Delek 45.34%, Ratio 15%) and BG, regarding the import of gas to the LNG te...
Volume: 58Issue: 38Published at Fri, 18 Sep 2015 -
Egypt Mulls PP Project At Alexandria
...Alexandria for 2017 start-up. Meanwhile, Tahrir is being developed by Dubai-based private firm Carbon Holdings (MEES, 4 April). The two linked Ethydco plants are being built by Japan’s Toyo and the ENPPI engineering unit of Egypt’s Ministry of Petroleum (MEES, 19 April 2013). ...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014 -
LNG: Omani State Producers Join Forces; Yemen Looks To Price Hike
...s. It runs its 10.4mn t/y LNG trains at just 84% of their production capacity – just enough to meet term contracts. Oman hopes BP’s tight gas project coming onstream in 2017 will temporarily ease the crisis. Additionally, Iranian gas import volumes of around 600-700 cfd are expected by mid-2015 (ME...
Volume: 56Issue: 36Published at Fri, 06 Sep 2013 -
Qatar Faces LNG Competition As Japan Diversifies Suppliers
...ptember with the Japanese government, which will help fund the planned $13bn LNG export terminal in Vladivostok. It could speed up Gazprom’s final investment decision (FID) on the initial 10mn t/y capacity plant, which is scheduled for first phase completion by 2017-20. Gazprom has said that it could su...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012