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Midstream

Midstream
2016, October, 14, 18:30:00

THE FIRST KASHAGAN'S OIL

The project has been plagued by multiple delays and cost overruns. A 2008 budget estimate of $38 billion jumped to $53 billion by the end of last year as the partners replaced undersea links after sour gas cracked the pipes.

Midstream
2016, October, 13, 18:45:00

CHINA OIL IMPORTS UP

The world’s biggest energy user imported 33.06 million metric tons of crude in September, according to data released by the General Administration of Customs on Thursday. That’s about 8.08 million barrels a day. China’s net fuel exports were at 2.37 million tons last month, near the record 2.49 million in July.

Midstream
2016, October, 13, 18:40:00

GAZPROM TO AUSTRIA: UP 23.8%

In 2015, Russian gas exports to Austria rose 11.5 per cent versus 2014. From January 1 through October 10, 2016, Russian gas supplies to Austria totaled 4.18 billion cubic meters, which was 23.8 per cent higher than in the same period of 2015.

Midstream
2016, October, 11, 18:35:00

RUSSIA - TURKEY STREAM

The warming relations between NATO member Turkey and Russia comes as both countries are dealing with troubled economies and strained ties with the West.

Midstream
2016, October, 5, 18:40:00

RUSSIAN GAS: ABOVE 10 BCM

Total pipeline gas exports through Nord Stream, Yamal, and Brotherhood rose 13% month on month and 7% year on year to 10.108 Bcm in September, the highest monthly flows seen since March and the fifth-highest total recorded for a calendar month.

Midstream
2016, September, 28, 18:40:00

NIGERIAN OIL FIRE

Shell says a fire has forced it to close a key oil pipeline feeding Nigeria's strategic Bonny Export Terminal, which militants attacked last week.

Midstream
2016, September, 26, 18:40:00

SOUTHERN GAS CORRIDOR DIFFICULTIES

The $45bn complex pipeline project running from Azerbaijan to Italy and consisting of four mega projects – Shah Deniz 2, South Caucasus Pipeline expansion (SCPX), Trans-Anatolian Pipeline (Tanap), and the Trans-Adriatic Pipeline (TAP) – would be delivered and will come in under budget, eventually delivering 16-32bn m³/yr.

Midstream
2016, September, 21, 18:45:00

6 MB IRANIAN OIL FOR INDIA

India, seeking to hedge against energy security risks as it imports about 80 percent of its oil needs, is building emergency storage in vast underground caverns to hold a total of 36.87 million barrels of crude, enough to cover almost two weeks of demand.

Midstream
2016, September, 16, 18:05:00

GAZPROM FOR FRANCE: +27.3%

From January 1 to September 13, 2016, Gazprom supplied 8 billion cubic meters of gas to France, which was 27.3 per cent higher than in the same period of 2015.

Midstream
2016, September, 13, 14:50:00

MARKET IS OWERSUPPLIED

The producer cartel revised higher for this year and next oil supply forecasts from non-member countries, implying that demand for its crude will remain far lower than current near record output of more than 33m barrels a day.

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CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)