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W.Asia

W.Asia
2017, November, 1, 13:20:00
INDONESIA NEED SAUDI'S LPG
Indonesia plans to increase LPG imports from Saudi Arabia and the UAE in a bid to meet rising domestic demand, Energy and Mines Ministry spokesman Dadan Kusdiana said
W.Asia
2017, October, 30, 11:40:00
SAUDIS PROGRESS
IMF - Saudi Arabia had made good progress in initiating its ambitious reform agenda. Fiscal consolidation efforts are beginning to bear fruit. Progress with reforms to improve the business environment are gaining momentum, and a framework to increase the transparency and accountability of government is in place. Effective prioritization, sequencing, and coordination of the reforms is essential, and they need to be well-communicated and equitable to gain social buy-in to ensure their success.
W.Asia
2017, October, 30, 11:15:00
SABIC PROFIT UP 10.7%
Reuters - Saudi Basic Industries Corp (SABIC), the world’s fourth-biggest petrochemicals company, reported a 10.7 percent rise in third-quarter net profit on Sunday, beating analysts’ estimates.
W.Asia
2017, October, 27, 19:25:00
SAUDIS SUPPORTS THE REDUCTION
Oil closed at its highest in more than two years in London, nearing $60 a barrel, as Saudi Crown Prince Mohammed bin Salman backed the extension of OPEC output cuts.
W.Asia
2017, October, 25, 21:26:00
THE BIGGEST ASIAN NUCLEAR
WNN - Asian countries continue to dominate the market for new nuclear build, according to a newly-released report from the World Nuclear Association. Of the 10 new nuclear power reactors that started up worldwide in 2016, eight were located in Asia.
W.Asia
2017, October, 16, 11:50:00
SAUDI ARAMCO IPO
Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.
W.Asia
2017, October, 16, 11:45:00
SAUDI'S BANKS ARE BETTER
But we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.
W.Asia
2017, October, 9, 21:45:00
RUSSIA - SAUDIS: VAST OPPORTUNITIES
Nasser said vast opportunities for collaboration between companies from Saudi Arabia and Russia are created by both the Kingdom’s existing economic pillars and the development and diversification envisaged by Saudi Vision 2030.
W.Asia
2017, October, 7, 12:35:00
RUSSIA - SAUDIS NUCLEAR
WNN - Rosatom and the King Abdullah City for Atomic and Renewable Energy (KA-CARE) signed a 'program of cooperation' in the peaceful uses of nuclear energy in Moscow yesterday as part of Saudi Arabian King Salman bin Abdulaziz Al Saud's state visit to Russia. The program aims to develop the intergovernmental agreement on cooperation in the peaceful uses of nuclear energy the two countries signed in June 2015.
W.Asia
2017, October, 4, 23:55:00
SAUDIS - RUSSIA RELATIONSHIPS
Saudi Aramco will participate in the historic Royal Visit to Russia by The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al-Saud from October 4 to 7, 2017.
W.Asia
2017, September, 27, 13:30:00
QATAR - BANGLADESH LNG
RasGas Company Limited sealed a landmark 15-yr LNG Sales and Purchase Agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla). The agreement was signed in Doha by Mr. Hamad Mubarak Al-Muhannadi, CEO of RasGas, and Mr. Abdul Mansur Md Faizullah, Petrobangla Chairman.
W.Asia
2017, September, 22, 08:35:00
QATAR - TURKEY LNG
Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years
W.Asia
2017, September, 11, 12:20:00
SAUDI ADD TO JAPAN
Oil giant Saudi Aramco will on Wednesday add 1.9 million barrels (300,000 kilolitres) of crude to storage that it holds in Japan, a Japanese trade ministry official said.
W.Asia
2017, August, 31, 12:25:00
SAUDIS - RUSSIA OIL DEAL
Top oil producers Saudi Arabia and Russia are pushing to extend their deal to limit crude oil production for another three months, which would leave the output deal between OPEC and non-OPEC producers in place through the end of June, people familiar with the matter said.
W.Asia
2017, August, 28, 19:50:00
OMAN OIL PRODUCTION DOWN TO 970 TBD
Oman’s petroleum and other liquids production averaged more than 1 million barrels per day in 2016, its highest production level ever. Oman was on track to maintain this production level in 2017, but it reduced production to approximately 970,000 barrels per day in early 2017 to meet the production cut it agreed to, along with members of the Organization of the Petroleum Exporting Countries (OPEC).