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W.Asia

W.Asia
2021, March, 19, 12:55:00
SAUDI'S OIL EXPORTS UP
Saudi Arabia exported 6.582 million b/d in January, according to JODI data released March 18, an increase of 87,000 b/d from December. It was the seventh straight month that shipments have risen since a historic low of 4.98 million b/d in June when stringent OPEC+ production cuts were in effect.
W.Asia
2021, March, 18, 12:15:00
TURKEY'S SOLAR POWER 9.4 GW
Turkey aims to produce 50% of its electricity from renewables by 2023 (up from 44% in 2019). Solar accounts for around 7% of Turkey’s installed capacity, with 6 GW at the end of 2019.
W.Asia
2021, March, 18, 12:10:00
ADNOC HYDROGEN FOR INDIA
The UAE was India's third-largest supplier of crude in 2020, behind Iraq and Saudi Arabia, with volumes of 21.35 million mt and an 11% market share,
W.Asia
2021, March, 15, 10:55:00
OPTIMISTIC OPEC
With non-OPEC supply forecast to bounce back by 950,000 b/d in 2021 to 63.8 million b/d, OPEC lowered the estimated demand for its crude by 240,000 b/d to 27.26 million b/d.
W.Asia
2021, March, 15, 10:45:00
QATAR LNG PROJECT
The agreement paves the way for the establishment of a Joint Industry Project (JIP) that targets the development of new LNG carrier designs utilizing the LNT A-BOX® LNG cargo containment system.
W.Asia
2021, March, 12, 11:15:00
GLOBAL COMPRESSOR MARKET 2021
The global demand for natural gas is expected to increase by 1.6%, y-o-y, for the next five years, with the consumption reaching almost 4,200 billion cubic meters (bcm) by 2025, up from 3,800 bcm in 2018.
W.Asia
2021, March, 11, 14:00:00
СОТРУДНИЧЕСТВО РОССИИ, САУДОВСКОЙ АРАВИИ
Есть общее мнение о необходимости развивать наше сотрудничество на мировом рынке углеводородов, плотно координировать действия, в том числе в формате «ОПЕК плюс». Они дают результат.
W.Asia
2021, March, 11, 13:35:00
ROSATOM IS BUILDING AKKUYU
Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan joined the ceremony via videoconference. Energy and Natural Resources Minister Fatih Dönmez, ROSATOM Director General Alexey Likhachev and Akkuyu Nuclear JSC CEO Anastasia Zoteeva were present at the Akkuyu NPP site.
W.Asia
2021, March, 10, 11:35:00
GREECE, CYPRUS, ISRAEL INTERCONNECTOR $900 MLN
In April 2020, EuroAfrica Interconnector initiated a €650m tender for the EPC of a 1 GW subsea HVDC line between Egypt, Cyprus, and Greece (Crete and Attica).
W.Asia
2021, March, 9, 13:05:00
ОПЕК+ СТАБИЛИЗИРУЕТ РЫНОК
Глобальный рынок полностью не восстановился, но ситуация в целом становится заметно лучше, и мы надеемся, что в 2022 году выйдем на докризисные уровни спроса.
W.Asia
2021, March, 9, 13:00:00
OPEC+ STABILIZES THE MARKET
Overall conformity with the original decision was 103 per cent, reinforcing the trend of aggregate high conformity by participating countries.
W.Asia
2021, March, 9, 12:55:00
OPEC+ OIL PRODUCTION 37.83 MBD
Combined, the so-called OPEC+ alliance produced 37.83 million b/d, its lowest since October, the survey found, putting the group's compliance with its quotas at 113.5%.
W.Asia
2021, March, 5, 11:50:00
OPEC+ CONTINUED REDUCTIONS
According to the agreement, the OPEC+ alliance, which controls about half of the world's production capacity, will mostly maintain its quotas, with Russia allowed a 130,000 b/d increase and Kazakhstan a 20,000 b/d rise, while Saudi Arabia said it would continue implementing its voluntary cut
W.Asia
2021, March, 4, 12:15:00
СОТРУДНИЧЕСТВО РОССИИ, ИРАКА: $10 МЛРД.
«Нашими компаниями активно реализуется ряд успешных проектов на территории республики. К настоящему моменту накопленные инвестиции российских нефтегазовых компаний в иракские проекты превысили 10 млрд долларов США», – сообщил Александр Новак.
W.Asia
2021, March, 2, 12:35:00
OPEC+ EXTREME CAUTION
Prices have rallied to pre-virus levels, while U.S. production has taken a hit from freezing storms. Talk swirls of market supercycles, and even the return of $100 oil.