C.Asia
2018, September, 21, 10:45:00
UNEXPECTED OIL PRICES
SHANA - What is common in oil market is that no price levels could be forecast for the future there. Only its unpredictability is predictable. Rarely may you find an expert to say with full certainty in which direction oil prices are headed.
2018, September, 21, 10:40:00
OIL MARKET UNCERTAINTY
PLATTS - 1.4 million b/d of Iranian oil supplies to leave the market by November, when the US sanctions go into force. Venezuela, which pumped 1.22 million b/d in August could see output fall to 1 million b/d in 2019. Politically unstable Libya also presents a supply risk.
2018, September, 21, 10:35:00
OPEC-NON-OPEC DECISIONS
SHANA - Iran’s Minister of Petroleum Bijan Zangeneh said the Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) is not legally competent to make decisions about adjustment of production quotas.
2018, September, 21, 10:20:00
WORLD OIL DEMAND: 100.23 MBD
OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.
2018, September, 21, 10:15:00
IRAQ'S OIL: NO RECORD
ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.
2018, September, 19, 14:03:00
СОТРУДНИЧЕСТВО РОССИИ И ТУРЦИИ
МИНЭНЕРГО РОССИИ - «Газпром», «ЛУКОЙЛ», «Татнефть», «Интер РАО» и другие компании активно взаимодействуют с турецкими партнерами. Флагманским совместным проектом выступает строительство газопровода «Турецкий поток», - сказал Александр Новак.
2018, September, 17, 15:15:00
IRAN'S SUPPLIES COMPENSATION
REUTERS - Saudi Arabia, the United States and Russia can between them raise global output in the next 18 months to compensate for falling oil supplies from Iran and elsewhere, U.S. Energy Secretary Rick Perry said on a visit to Moscow on Friday.
2018, September, 17, 15:10:00
IRAN'S OIL TO S.KOREA DOWN 86%
PLATTS - South Korea's crude oil imports from Iran plunged 86.5% in August from a year earlier due to pending re-imposition of US sanctions on Tehran, according to preliminary data released by the Korea Customs Service Monday.
2018, September, 13, 14:10:00
U.S. SANCTIONS AGAINST THE WORLD
CNBC - "We can see that the pricing situation today depends not just on the supply/demand balance or the general economic situation but also on the uncertainty that we observe today in the global markets: the trade wars, the sanctions that the U.S. pursue," Novak said, speaking to CNBC's Geoff Cutmore at the Eastern Economic Forum (EEF) in Vladivostok, Russia.
2018, September, 13, 14:00:00
NUCLEAR POWER NEEDS INVESTMENT
IAEA - Overall, the new projections suggest that nuclear power may struggle to maintain its current place in the world’s energy mix. In the low case to 2030, the projections show nuclear electricity generating capacity falling by more than 10% from a net installed capacity of 392 gigawatts (electrical) (GW(e)) at the end of 2017. In the high case, generating capacity increases 30% to 511 GW(e), a drop of 45 GW(e) from last year’s projection. Longer term, generating capacity declines to 2040 in the low case before rebounding to 2030 levels by mid-century, when nuclear is seen providing 2.8% of global generating capacity compared with 5.7% today.
2018, September, 7, 12:33:00
NORD STREAM-2 STARTS IN FINLAND
GAZPROM - The offshore pipelay vessel Solitaire started the pipelay for the Nord Stream 2 natural gas pipeline in the Gulf of Finland.
2018, September, 7, 12:29:00
TURKSTREAM'S PROGRESS
GAZPROM - the TURKSTREAM project was going according to schedule. Specifically, the deep-water pipelaying for the offshore part of the gas pipeline’s first string had been completed in the Black Sea along with the construction of the second string in Russia’s exclusive economic zone.
2018, September, 7, 12:09:00
IRANIAN OIL FOR CHINA: 874 TBD
PLATTS - China's crude imports from Iran are likely to have peaked in August at 874,000 b/d ahead of the looming re-imposition of US sanctions in November,
2018, September, 3, 15:10:00
IRAQ OIL EXPORTS: 4 MBD
PLATTS - OPEC's second-largest producer, Iraq, boosted its southern crude oil exports to a new record high of 3.583 million b/d in August, according to the latest oil ministry data.
2018, August, 31, 11:15:00
IRANIAN GAS UP
SHANA - Sitting atop 18% of the world's proven gas reserves, Iran ranks the first in terms of holding natural gas in the world. Owing to development of gas fields in recent years, Iran’s average gas production has reached 800 mcm/d, 600 mcm/d of which is consumed domestically.