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W.Asia

W.Asia
2018, May, 10, 13:25:00

U.S. - IRAN SANCTIONS ALWAYS

U.S. DT - President Donald J. Trump announced his decision to cease the United States’ participation in the JCPOA and begin reimposing U.S. nuclear-related sanctions on the Iranian regime. Treasury’s Office of Foreign Assets Control (OFAC) is taking immediate action to implement the President’s decision. Sanctions will be reimposed subject to certain 90 day and 180 day wind-down periods. At the conclusion of the wind-down periods, the applicable sanctions will come back into full effect.

W.Asia
2018, May, 10, 13:10:00

OIL MARKET STABILITY

PLATTS - Saudi Arabia's energy minister Khalid al-Falih said Wednesday that the country would work closely with OPEC as well as non-OPEC producers to mitigate the impact of any shortages that might arise following the US' decision to withdraw from the Iran nuclear deal.

W.Asia
2018, May, 8, 10:45:00

SAUDIS DEFICIT $9.15 BLN

REUTERS - Saudi Arabia’s first quarter budget deficit stood at 34.3 billion Saudi riyals ($9.15 billion), around 18 percent of the total gap forecast for 2018, the finance ministry said

W.Asia
2018, May, 8, 10:40:00

BP - IRAQ AGREEMENT

REUTERS - Iraq’s state-run North Oil Company signed an agreement with BP on Monday to triple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibi said.

W.Asia
2018, May, 7, 08:35:00

IRAN NEEDS REASONABLE PRICE

SHANA - Iranian Minister of Petroleum Bijan Zangeneh said Tehran preferred "reasonable" price for crude oil in a bid to avoid market instability.

W.Asia
2018, May, 7, 08:30:00

IRAN'S OIL EXPORTS 2.17 MBD

SHANA - The CEO of the National Iranian Oil Company (NIOC) said the country’s crude oil export stood at average 2.170 million barrels per day (mb/d) over the course of the previous Iranian calendar year of 1396 which ended on March 20.

W.Asia
2018, May, 7, 08:20:00

СДЕЛКА КАТАРА И РОСНЕФТИ

РОСНЕФТЬ - Компания не имеет отношения к изменению холдинговой структуры консорциума Glencore-QIA, но, в то же время, «Роснефть» поддерживает решение своих акционеров о переходе на прямое владение акциями, динамика стоимости которых (с 15%-м ростом в долларовом выражении) показала эффективность вложений QIA и Glencore в рамках недавней приватизационной сделки.

W.Asia
2018, May, 4, 15:30:00

SAUDIS NEED $88

BLOOMBERG - The IMF bolstered its estimate for the oil price the kingdom needs to balance the national budget this year to $88 a barrel, 26 percent more than an assessment made in October.

W.Asia
2018, May, 2, 13:30:00

SAUDIS NEED $85

REUTERS - Saudi Arabia has projected a budget deficit of 195 billion riyals ($52 billion) in 2018, or 7.3 percent of GDP, down from 230 billion riyals last year. It plans to balance the budget by 2023.

W.Asia
2018, May, 2, 13:20:00

SAUDIS OIL FOR JAPAN UP 3.4%

PLATTS - Japanese imports of crude oil from Saudi Arabia in March rose 3.4% month on month to an average of 1.29 million b/d, preliminary data from the Ministry of Economy, Trade and Industry released Friday showed.

W.Asia
2018, April, 27, 10:45:00

BAHRAIN'S NEW OIL

AOG - Bahrain, recently announced that it had unearthed around 80 billion barrels of unconventional oil and up to 20 trillion cubic feet of tight gas off its west coast. The discovery could potentially transform the island state’s reserves which currently total well under 200 million barrels.

W.Asia
2018, April, 25, 10:15:00

СОТРУДНИЧЕСТВО РОССИИ И ТУРЦИИ

МИНЭНЕРГО РОССИИ - Министры как сопредседатели Смешанной межправительственной Российско-Турецкой комиссии по торгово-экономическому сотрудничеству обстоятельно обсудили весь комплекс двусторонних торгово-экономических отношений, включая сельское хозяйство, промышленность, инвестиционно-банковскую и энергетическую сферы, в частности актуализировали статус совместных стратегических проектов, таких как строительство газопровода «Турецкий поток» и АЭС «Аккую».

W.Asia
2018, April, 25, 10:05:00

IRAN'S OIL EXPORTS: 2.5 MBD

SHANA - Iranian Minister of Petroleum Bijan Zangeneh says Iran is currently exporting upwards of 2.5 million barrels per day of crude oil and gas condensate (ultra-light form of crude).

W.Asia
2018, April, 25, 10:00:00

IRAN'S GAS PRODUCTION: 250 BCM

SHANA - A senior Iranian gas official said the country’s natural gas exports will cross 60 million cubic meter per day by the end of the current Iranian calendar to March 20 2019.

W.Asia
2018, April, 25, 09:55:00

ASIA'S LNG DEMAND

REUTERS - global liquefied natural gas (LNG) imports have risen 40 percent since 2015, to almost 40 billion cubic meters (bcm) a month. Growth accelerated in 2017, with imports up by a fifth, largely because of rising demand in China, but also in South Korea and Japan.

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