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LNG: Qatar’s Russian Strategy – Compete Or Collaborate?
...2011 exported 14.4bcm to Asia-Pacific – 9.8bcm to Japan and 3.9bcm to South Korea. State-owned Gazprom signed a preliminary deal in September 2012 with the Japanese government, which will help fund a planned $13bn 10mn t/y LNG export terminal in Vladivostok – like Sakhalin only 3 days’ shipping to To...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
South Sudan Claims Progress On Own Oil Pipeline
...ighbor to the north signed a series of cooperation agreements in late September, which were – among other things – meant to pave the way for Southern Sudanese crude oil to resume its flow through Sudan and on to Port Sudan for export. Despite seceding from the north in July 2011, South Sudan is still hi...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
Suez Canal 2012 Statistical Analysis: A Record Year For Crude Shipments
... EGYPT Suez Canal 2012 Statistical Analysis: A Record Year For Crude Shipments By James Cockayne 2012 was a record year for shipments of crude through the Suez Canal. Total volumes hit 1.38mn b/d, up 84% (630,000 b/d) on 2011 and 120,000 b/d up on 20...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Nabucco Loses RWE Replacement
...pressed an interest in joining the Nabucco project in September 2011, when it would have been the consortium’s second German partner after RWE. After a hiatus Bayerngas restarted its talks with Nabucco in May 2012, when Bayerngas spokesman Dirk Barz told Azerbaijan’s Trend News Agency that negotiations be...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
South Sudan Looks To Alternate Export Routes
...uth, and East Darfur in the North, which has proved a major sticking point in talks thus far. Khartoum claims the area as Sudanese land and in September 2012 demanded it to be excluded from the demilitarized zone.) South Sudan broke away from Sudan in July 2011, taking with it around three qu...
Volume: 56Issue: 04Published at Fri, 25 Jan 2013 -
Iran Exports To China, India and South Korea Fall In 2012
...y not however be wholly attributable to the effect of international sanctions. Although Chinese imports declined in 2012 by almost 21% to 441,000 b/d compared to 557,000 b/d in 2011, the reduction may be primarily the result of a price dispute between the National Iranian Oil Company (NI...
Volume: 56Issue: 04Published at Fri, 25 Jan 2013 -
Suez Canal Traffic
...v-12 Oct-12 2012 Change vs 2011 2011 South-North '000t '000t % '000t '000t '00...
Volume: 56Issue: 04Published at Fri, 25 Jan 2013 -
Turkish-Qatari Gas Talks Stall As Balkan LNG Terminal Discussed
...ng-term gas supply contract that would help Turkey further limit its import dependence on Iranian gas. Turkey covered around 16% of its final gas demand from Iran last year according to recently published statistics from the International Energy Agency. In 2011 Iran exported 8.4 bcm to Turkey, making it...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
Algeria Set For LNG Capacity Hike
...geria’s core European customers (notwithstanding Turkey’s plans to at least maintain current volumes – see below). For 2011 Algeria exported LNG equivalent to 17.3bcm of gas, less than half Sonatrach’s claimed 42bcm/y liquefaction capacity and down more than 10% on 19.3bcm for 2010, which in tu...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Qatargas Seals First Long-Term South-East Asian LNG Supply Deal
...15. “This is a momentous occasion for us, as this is the first long-term agreement for Qatargas in South-East Asia [notwithstanding the preliminary deal with Malaysia’s Petronas in 2011], and our first term contract with PTT,” said Qatargas CEO Khalid bin Khalifa Al Thani, who was present at the si...
Volume: 56Issue: 01Published at Fri, 04 Jan 2013 -
Yemen Key Export Pipeline Resumes Flows
...lah Salih in early 2011. These protests, sparked by similar revolts in Tunisia and Egypt, led to the ousting of the Salih regime and created a power vacuum that armed groups have looked to exploit. Sustained attacks on the country’s oil pipelines and power lines had recently raised fe...
Volume: 56Issue: 01Published at Fri, 04 Jan 2013 -
Suez Canal Traffic
...nuary-November 2012 are both down 2% on year ago levels. Last year’s revenues were the second highest on record after 2008 despite Egypt’s massive political upheavals. Southbound crude volumes, at 900,000 b/d for the first 11 months of 2012, are up almost 70% on the same period in 2011...
Volume: 55Issue: 52Published at Fri, 21 Dec 2012 -
Turkey Calls For Russian Input In Gas Storage Program
...nister, Taner Yildiz. Speaking on 8 December, he said that by 2019 Turkey plans to construct five to six new underground facilities which can hold 8 bcm, equivalent to almost 18% of 2011’s domestic demand. Turkey’s gas demand has jumped by almost 50% since 2006, driven primarily by its use as a fuel for el...
Volume: 55Issue: 51Published at Fri, 14 Dec 2012 -
RWE Exit Deals Blow To Nabucco West
...bring additional long-term gas transit streams to Germany, adding that the project no longer served this purpose because major gas supplies “could no longer be guaranteed.” RWE was gravely hit by Germany’s decision, following Japan’s March 2011 Fukushima accident, to phase out its en...
Volume: 55Issue: 51Published at Fri, 14 Dec 2012 -
Yemen Launches Offensive Against Pipeline Saboteurs
...d gas installations have been the target of choice for tribal and Islamic militants since anti-government protests created a power vacuum in early 2011. The militants are thought to be using such acts of sabotage to pressure the government into both distributing handouts and releasing a number of tr...
Volume: 55Issue: 50Published at Fri, 07 Dec 2012 -
Shah Deniz Partners Eye TANAP, Nabucco West Stakes
...DK also granted a gas import license to Bati Hatti Gas Company for 23 years. The combined annual volume all four traders for the duration of their permits cannot exceed 6 bcm, which is equal to approximately 15% of Turkish gas consumption. Botas decided in October 2011 (MEES, 17 October 2011...
Volume: 55Issue: 49Published at Fri, 30 Nov 2012 -
Nakilat Profit Slips, As It Ponders Fleet Fuel Switch
...e first nine months of the year, the Qatari company reported a QR562.4mn ($154.5mn) profit, compared to QR 624.2mn ($171.5mn) in 2011. Since the results were announced on 22 October, Nakilat’s share price on the Qatar Exchange has edged down from QR15.76 ($4.3) and was at QR15.55 ($4.27) on 1 No...
Volume: 55Issue: 45Published at Fri, 02 Nov 2012 -
Qatar Faces LNG Market Challenges
...$100/B, $12-13/mn BTU plus usually $1-2. Spot markets are in the $13-13.50 price bracket – driven high by soaring demand following the March 2011 nuclear disaster. Some estimates put Japan’s LNG demand for the fiscal year ending March 2013 at 85-90mn t/y. Japan Gas Association says th...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012 -
Qatargas Secures Third Japanese LNG Supply Contract of 2012
...0 2011 Not decided HOA Apr-08 PetroChina 3.0 2010 25 SPA Ju...
Volume: 55Issue: 43Published at Fri, 19 Oct 2012 -
Turkey’s Gas Imports Hit By Bombs And Sanctions
...aimed responsibility it is thought to be responsible for all four blasts. Turkey imported 3.8bcm/y through the Baku-Tblisi-Erzurum pipeline (also known as the South Caucasus Pipeline, SCP) for 2011. Some additional volumes flow via Turkey to Greece but despite this the route has been op...
Volume: 55Issue: 42Published at Fri, 12 Oct 2012