1. Israel-Cyprus-EU Gas Pipeline: Talk Hots Up, Action Unlikely

    ...ke it highly unlikely. A 1,500km sub-sea gas pipeline, which would link the 40 tcf-plus of gas discovered offshore Israel and Cyprus with European markets via Greece and Italy, has been mooted ever since key Israeli fields were discovered in 2010 and 2011. Plans got a boost when the 5 tcf Ap...

    Volume: 57
    Issue: 50
    Published at Fri, 12 Dec 2014
  2. Qatar And China Strengthen Trade And Investment Ties

    ...heme, known as the Renminbi Qualified Foreign Institutional Investor (RQFII), was created in 2011 to allow financial investors to place some of their yuan holdings in China. The UAE joined the scheme in 2012 by signing a three-year currency swap arrangement with China, similar in size to that with Qa...

    Volume: 57
    Issue: 45
    Published at Fri, 07 Nov 2014
  3. Suez Canal September revenue Dips Following Record august

    ...rth         ‘000t % ‘000t % 2014 2013 2013 2012 2011 2010 Petroleum To...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  4. Financing Constraints Hamper Leviathan Development

    ...a the EMG pipeline are exposed to the risk of insurgent attack. The subsea pipeline runs from Ashkelon in Israel to Arish in Egypt, which is connected by an onshore pipeline to the west of the country. The infrastructure was used to pipe Egyptian gas to Israel. In the aftermath of the 2011 re...

    Volume: 57
    Issue: 43
    Published at Fri, 24 Oct 2014
  5. New Japan LNG Exchange May Prove Disruptive In Key Qatari Market

    ...G prices are typically several dollars per mn BTU cheaper (see table). Since the earthquake and resultant tsunami and disaster at the Fukushima Daiichi nuclear plant in 2011, Japan’s role in the global LNG trade has shifted dramatically: Japan was already the largest LNG market prior to the in...

    Volume: 57
    Issue: 40
    Published at Fri, 03 Oct 2014
  6. Eni Shows Its Faith In Egyptian Deepwater

    ...the North Port Fouad block last week (MEES, 19 September). These four blocks, together with the Shorouk block that Eni took in April last year, comprise the bulk of Shell’s former giant NEMED concession. Shell discovered gas here but quit in 2011 saying development was uneconomic. The fact th...

    Volume: 57
    Issue: 39
    Published at Fri, 26 Sep 2014
  7. ISIS Oil Revenue Streams May Prove Resilient

    ...r chest with proceeds from oil, extortion and the looting of banks and museums in areas it has seized since 2011, when the Syrian civil war began. There have been reports that priceless art works looted from museums and archaeological sites are being offered on the international black market. ISIS is...

    Volume: 57
    Issue: 37
    Published at Fri, 12 Sep 2014
  8. Cyprus: Eni Plans September Drilling, CNOOC Eyes Aphrodite Stake

    ...th the Energy Ministry. Nicosia is keen to make additional offshore gas discoveries sooner rather than later, with US firm Noble and Israeli partner Delek increasingly veering towards floating LNG as an exploitation option for their 2011, 5 tcf Aphrodite discovery on Cyprus’ Block 12, the only di...

    Volume: 57
    Issue: 25
    Published at Fri, 20 Jun 2014
  9. IEA Sees $735Bn Investment In Evolving LNG Market Through 2035

    ...wn this year. More vessels will hit the water, further lowering charter rates: after reaching a high of about $150,000/day after Japan’s 2011 Fukushima Daiichi nuclear accident, rates have decreased to about $70,000/day and will likely continue on a downward trajectory. Oil & Gas Transport In...

    Volume: 57
    Issue: 24
    Published at Fri, 13 Jun 2014
  10. 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: 57
    Issue: 19
    Published at Fri, 09 May 2014
  11. Suez Revenue Steady

    ...2013. For gross tonnage (including vessel weight), the 2013 figure of 915mn t is just down on 2011’s record 929mn t. The average size of vessels using the canal is rising. Despite record cargo and revenues holding steady, the total number of ships using the canal has fallen in each of the last fi...

    Volume: 57
    Issue: 16
    Published at Fri, 18 Apr 2014
  12. International Gas Union Sees Changing LNG Market After 2014

    ...T/Y, %) Qatar King, But Not For Long Supply will grow only marginally in 2014, though the two or three projects that IGU expects online this year represent the first significant boost in liquefaction capacity since 2011. Major boosts to global liquefaction capacity will come online in 2015, when new Au...

    Volume: 57
    Issue: 14
    Published at Fri, 04 Apr 2014
  13. Suez Canal Traffic Data, 2013

    ...Suez Canal Traffic Data, 2013   2013 Change vs 2012   2012 2011 2010 2009 2008 20...

    Volume: 57
    Issue: 12
    Published at Fri, 21 Mar 2014
  14. Iran, Oman Edge Closer To Gas Supply Deal

    ...ying: “contrary to other contracts, we have not agreed on a price.” History shows – especially in the case of Oman and Iran – that price can prove the thorniest of issues when negotiating such deals. The two sides came agonizingly close to striking a similar gas export agreement in 2011, only for ta...

    Volume: 57
    Issue: 11
    Published at Fri, 14 Mar 2014
  15. Mideast Gas May Move To Europe If Russia Cuts Supply

    ...ti-government protesters have shut in oil and gas fields, resulting in the loss of Libyan gas flows through the subsea  Greenstream pipeline, which have not been up to full volumes since the start of the uprising against Qadhafi in early 2011 (see graph 2). Turkey, particularly the western part of...

    Volume: 57
    Issue: 11
    Published at Fri, 14 Mar 2014
  16. Qatar Faces Threat From US Shale – IMF

    ...ture fields, expected lower hydrocarbon prices, and growing nominal expenditures.” An easing of growth to around 6% for 2012 and 2013 from the stellar 13% increase posted in 2011 is largely the result of the long-standing and self-imposed moratorium on additional hydrocarbon production from the No...

    Volume: 57
    Issue: 11
    Published at Fri, 14 Mar 2014
  17. Jordan Advances Gas Strategy With Shell LNG Supply Deal

    ...peated attacks on the line in the restive Sinai cut exports to around 100mn cfd for 2011 and 2012 and zero since July last year. Mr Hamid says that the cost of importing fuel oil, which has supplanted gas as a fuel for power generation, is six times higher than the cost of Egyptian gas imports. For 20...

    Volume: 57
    Issue: 10
    Published at Fri, 07 Mar 2014
  18. Yemen Locked In LNG Price Negotiations With French Duo

    ...09 2010 2011 2012 2013 Mn T 0.19 1.65 2.71 2.59 3.59 Supplier Ra...

    Volume: 57
    Issue: 07
    Published at Fri, 14 Feb 2014
  19. Iraq Hires Big Law Firm To Thwart KRG Export Plans

    ...transport 1.1mn b/d but – even when things have been running smoothly – it has only been operated at around a third of capacity in recent months. For January a mere 190,000 b/d of Iraqi crude was shipped via the Kirkuk-Ceyhan pipeline, down 50,000 b/d on December and down 250,000 b/d on 2011 vo...

    Volume: 57
    Issue: 06
    Published at Fri, 07 Feb 2014
  20. Jordan Left With Few Gas Options After BP Abandons Risha

    ...an. Yet, a severely limited set of options may force Jordan to look seriously at Israeli gas import proposals going forward. Until January 2011, Jordan depended on Egyptian gas supplies via the Arab Gas Pipeline (AGP). Contracted volumes called for 250mn cfd of exports to Jordan to supply power st...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014