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W.Asia

W.Asia
2018, January, 15, 09:50:00
OIL PRICES & IRAN SANCTIONS
PLATTS - On Thursday, US Secretary of State Rex Tillerson told reporters that Trump would likely announce the decision in the afternoon in Washington. If that deal unravels, 800,000 b/d of Iranian crude exports would be at risk, according to analysts.
W.Asia
2018, January, 8, 19:25:00
U.S. - IRAN SANCTIONS
U.S.DT - "These sanctions target key entities involved in Iran's ballistic missile program, which the Iranian regime prioritizes over the economic well-being of the Iranian people. As the Iranian people suffer, their government and the IRGC fund foreign militants, terrorist groups, and human rights abuses," said Treasury Secretary Steven T. Mnuchin. "The United States will continue to decisively counter the Iranian regime's malign activity, including additional sanctions targeting human rights abuses. We will not hesitate to call out the regime's economic mismanagement, and diversion of significant resources to fund threatening missile systems at the expense of its citizenry."
W.Asia
2018, January, 5, 23:45:00
IRANIAN OIL EXPORTS 2017: 777 MB
IRNA - Iran exported some 777 million barrels of oil to Asian and European destinations in 2017, according to a report by the country's Ministry of Petroleum.
W.Asia
2018, January, 5, 23:40:00
IRAQI OIL TO CHINA
PLATTS - China's crude oil imports from Iraq in November surged 47.2% on year and 58.8% on month to hit a record high of 4.21 million mt or an average 1.03 million b/d, making the Persian Gulf producer its third-largest supplier, data from China's General Administration of Customs showed.
W.Asia
2018, January, 4, 12:25:00
QATARGAS & RASGAS MERGER
TOGY - The merger of the world’s largest LNG producers, Qatargas and RasGas, is complete, and the new entity, called Qatargas, has started operations, parent company Qatar Petroleum (QP) announced
W.Asia
2018, January, 3, 15:45:00
SAUDIS OIL TO JAPAN UP 19.3%
PLATTS - Japan's crude oil imports from Saudi Arabia rose 19.3% month on month to an average of 1.39 million b/d in November, preliminary data released Thursday by the Ministry of Economy, Trade and Industry showed.
W.Asia
2018, January, 3, 15:40:00
IRAQ'S OIL EXPORT UP TO 3.535 MBD
PLATTS - Federal crude oil exports from Iraq's southern Persian Gulf terminals edged up in December to reach a new record high, averaging 3.535 million b/d, up 33,000 b/d from in November, the latest data from the oil ministry showed.
W.Asia
2017, December, 29, 11:35:00
OPEC'S TRIUMPH
PLATTS - The issuance of a combined 2.8 million b/d cap on formerly exempt members Libya and Nigeria at the organization's November 30 meeting means that OPEC as a whole now has a notional collective ceiling of 32.74 million b/d, when all the members' quotas are added up. From January-November, compliance was 108% according to S&P Global Platts, one of the six secondary sources used by the organization to monitor output.
W.Asia
2017, December, 29, 11:30:00
SAUDIS REVENUE WILL UP TO $280 BLN
BLOOMBERG - Under a six-year fiscal program, officials predict rising oil prices and output will push income from oil sales to 801.4 billion riyals ($214 billion) from 440 billion riyals this year, the people said on condition of anonymity because they aren’t authorized to share the data publicly. It assumes the price of oil will reach $75 a barrel. Non-oil revenue, excluding income from the Public Investment Fund, would increase 32 percent to 337 billion riyals, they said.
W.Asia
2017, December, 25, 20:45:00
OIL PRICES - 2018: VOLATILE
The price of oil in 2018 will be volatile with commodity market traders selling on signals of OPEC-Russia “cheating” or members producing more oil than the extended Algiers Agreement output quotas.
W.Asia
2017, December, 25, 20:10:00
SHELL - KUWAIT LNG
BLOOMBERG - Kuwait Petroleum Corp. signed a 15-year liquefied natural gas import deal with Royal Dutch Shell Plc to help the oil exporting nation meet growing domestic energy demand.
W.Asia
2017, December, 22, 22:10:00
SAUDIS NEED LNG
BLOOMBERG - Al-Falih wouldn’t rule out buying LNG from Russia, which this month opened a new plant in the Arctic, although he cautioned it wasn’t the most economical option at the moment.
W.Asia
2017, December, 20, 19:35:00
SAUDIS EXPECTS +12%
BLOOMBERG - Saudi Arabia expects oil revenue to jump 12 percent next year in a sign the world’s biggest crude exporter expects prices to keep rising in 2018.
Remarks by OPEC Secretary General September 2017 г.
2017, December, 17, 13:07:00
Remarks by OPEC Secretary General September 2017 г.
Remarks by OPEC Secretary General September 2017 г.
Novak interview July 10 2017
2017, December, 17, 12:51:00
Novak interview July 10 2017
Alexander Novak: OPEC + agreement should be extended.