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Regional Alliances Leave Juba In Two Minds Over Planned Oil Pipeline
...sis that it would be both shorter, and cheaper to build (MEES, 6 September). For more than two years, since the South seceded from Sudan in July 2011, the two countries’ leaders have been unable to find common ground on a wide range of issues, resulting in persistent mudslinging and accusations of...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013 -
Nakilat JVs Win Contracts For LNG Vessels
...ipped 1.6% to QR553.2mn ($151.8mn), from QR562.4mn ($154.3mn) for the same nine months last year. Total profit in 2012 was pegged at QR766mn ($210.4mn) compared with QR833.1mn ($228.9mn) in 2011, an 8% year-on-year reduction attributable to higher operational and administrative costs in 2012. ...
Volume: 56Issue: 43Published at Fri, 25 Oct 2013 -
Egypt Rejects Israeli Gas
...Egyptian gas to Israel via AGP was discontinued in April 2012 in the aftermath of the January 2011 revolution in Egypt, which toppled the Husni Mubarak regime (MEES, 30 April 2012). Mr ‘Abd al-Rahim went on to say that Egypt is working with companies, such as BP, Shell and BG, and not co...
Volume: 56Issue: 43Published at Fri, 25 Oct 2013 -
Changing Global LNG Pricing Dynamics – MEES Analysis
...rticularly the case for Japan itself, which is paying an average of $15/mn BTU for LNG – more than $10/mn BTU over Henry Hub – that it has been importing in higher volumes since 2011’s Fukushima nuclear disaster. All of Japan’s 20 nuclear plants – which typically provide 30% of the country’s electricity – re...
Volume: 56Issue: 40Published at Fri, 04 Oct 2013 -
IOCs Hold Steady Despite Yemen’s Political Crisis
...wn of the key 450MW gas-fired power station supplying large parts of Yemen’s Western districts, officials said, and came less than 24 hours after a similar attack on another part of the grid. Such attacks have become commonplace in Yemen, more so since the political crisis of 2011 which br...
Volume: 56Issue: 39Published at Fri, 27 Sep 2013 -
Iran Gas Supply Deal Back On For Gas-Hungry Oman
...rrently imports around 2bcm of natural gas from Qatar per year via the Dolphin pipeline; with no prospect of more given Qatar’s reluctant to end its current moratorium on further gas field development. Breakdown Over Price Iran and Oman came very close to reaching a gas agreement in 2011, ME...
Volume: 56Issue: 35Published at Fri, 30 Aug 2013 -
Qatar Faces Challenging, Rapidly Changing, LNG Market
...ves away from oil-price indexing. Japan’s nuclear crisis took another turn on Tuesday when utility firm TEPCO, which operates the Fukushima nuclear plant, admitted that a storage tank was leaking radioactive water, contaminated when an earthquake and tsunami damaged the plant in early 2011. Ja...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
OPEC Transportation By Numbers
...mbers and Dead Weight (dwt ‘000 t) 2008 2009 2010 2011 20...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
Bahrain LNG Import Plans
...unch a tender by the end of 2010 (MEES, 15 March 2010). Bahrain ended up rejecting a 2011 offer by Shell to sell gas to Bahrain at or near oil-price parity. Qatar Gas For Bahrain Qatar, meanwhile, discussed the possibility of building a gas pipeline that would supply Bahrain with Qatari ga...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Lebanon Faces Obstacles To LNG Imports
...ation in 2011, all of Lebanon’s plants have relied on more expensive diesel and fuel oil for power generation. The Ministry of Energy claims that, at a conservative gasoil price of $90/B, switching its power generation plants to gas would save the country $1.9bn on its annual fuel bill. FSRU sh...
Volume: 56Issue: 29Published at Fri, 19 Jul 2013 -
Iran-Pak Pipeline Inches Forward But Completion Unlikely Before 2017
...uld imagine this is more of a symbolic gesture than anything else. Pakistan has previously said it plans to fund the remainder of the cost using the proceeds from a tax introduced in 2011, but two years on, this looks very unlikely. “This is all rubbish,” the South Asian source says. “Pa...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013 -
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 -
Qatar’s Nakilat Faces LNG Market Challenges
...766mn ($210.4mn) compared with QR833.1mn ($228.9mn) in 2011, an 8% year-on-year reduction attributable to higher operational and administrative costs in 2012. Nakilat’s fleet consists of 25 wholly-owned vessels, of which 14 are Q-Max and 11 are Q-Flex, and 29 jointly-owned vessels. The port of Ra...
Volume: 56Issue: 16Published at Fri, 19 Apr 2013 -
Turkey Green Lights Bosphorus By-Pass Canal Mega-Project
...s modern reincarnation, the initiative was proposed by Turkish Prime Minister, Recep Tayip Erdogan, who dubbed it his “crazy project” during his 2011 election campaign. Plans for a major 1.5mn b/d pipeline from the Black Sea port of Samsun to the Mediterranean export terminal of Ceyhan have not pr...
Volume: 56Issue: 16Published at Fri, 19 Apr 2013 -
Key Yemen Crude Export Infrastructure Targeted
...tbreak of protests against former president ‘Ali ‘Abd Allah Salih in 2011. Sparked by similar revolts in Tunisia and Egypt, these protests led to the ousting of the Salih regime, which in turn created a power vacuum that armed groups have looked to exploit....
Volume: 56Issue: 15Published at Fri, 12 Apr 2013 -
Shell Set For Major Fujairah Storage Lease
...rminal. Aramco Trading, founded at the start of 2011, is Saudi Aramco’s products trading arm and is a wholly-owned subsidiary of the Saudi state-owned energy titan. Aramco Trading noted in a statement in early March that the company “will use the fuel storage facility to optimize its trading po...
Volume: 56Issue: 14Published at Fri, 05 Apr 2013 -
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...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
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...
Volume: 56Issue: 11Published at Fri, 15 Mar 2013