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W.Asia

W.Asia
2019, August, 2, 11:40:00
UAE OIL FOR JAPAN: 27 MB
Japan imported 26.899 million barrels of crude oil in June 2019 from the United Arab Emirates, according to data released by Japanese Agency of Energy and Natural Resource, AENR.
W.Asia
2019, August, 1, 11:35:00
TANAP IS READY
The Trans Anatolian Natural Gas Pipeline (TANAP), the major segment of the Southern Gas Corridor is ready to supply Azerbaijani gas directly to Europe.
W.Asia
2019, July, 31, 13:55:00
U.S., HORMUZ: HIGH PRICE
"I think Iran will look at it as a successful cost imposition to the adversary," "They're making all of the adversaries now rally forces, move them into the theater, put them at risk in the theater and pay for that presence at a very hefty price."
W.Asia
2019, July, 31, 13:40:00
IRAQ'S GDP UP 4.6%
The fiscal and external positions are expected to continue to deteriorate over the medium term absent policy changes—with reserves falling below adequate levels and fiscal buffers eroded. Although the level of public debt will remain sustainable, gross fiscal financing needs will increase. Non-oil GDP growth is projected to reach 5½ in 2019 but subside over the medium term.
W.Asia
2019, July, 31, 13:35:00
KUWAIT'S OIL REVENUE $60.7 BLN
Kuwait reported oil revenue of $60.7bn for the 2018 fiscal year ending March 31, 2019, according to state news agency KUNA. This is a 24% increase from the previous year. Its non-oil revenue also grew 24% to hit $6.9bn.
W.Asia
2019, July, 31, 13:30:00
MUBADALA ASSETS $229 BLN
Abu Dhabi sovereign wealth fund Mubadala saw a jump in its assets under management in 2018, reaching $229bn, up from $127.7bn the previous year.
W.Asia
2019, July, 30, 12:15:00
IEA READY TO ACT
The Strait of Hormuz is a vital maritime transit route for world energy trade. About 20 million barrels of oil transit each day through the Strait, or about 20% of global supply. It is also the route for around a quarter of global liquefied natural gas trade.
W.Asia
2019, July, 30, 12:10:00
U.S. WANTS TO CLOSE HORMUZ
"We are committed to keeping the Strait of Hormuz open and secure," Pompeo said.
W.Asia
2019, July, 30, 11:15:00
LUKOIL, ADNOC COOPERATION
Russian oil giant Lukoil plans to acquire a 5 percent stake in the Ghasha offshore gas project in the UAE, according to CEO Vagit Alekperov.
W.Asia
2019, July, 30, 10:50:00
MUBADALA PETROLEUM, PREMIER OIL 20%
Mubadala Petroleum has signed an agreement with Premier Oil to farmout a 20% participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs), in which Mubadala Petroleum is the operator.
W.Asia
2019, July, 25, 20:15:00
UAE, CHINA COOPERATION
The signing of the agreements seek to further advance strategic ties between the UAE and China, opening up new partnership horizons across various fields
W.Asia
2019, July, 25, 20:10:00
ADNOC, CNOOC AGREEMENT
ADNOC and CNOOC signed an agreement to collaborate in the upstream and downstream oil and gas sector
W.Asia
2019, July, 25, 20:05:00
ADNOC, PERTAMINA AGREEMENT $2.5 BLN
ADNOC has signed an agreement with Indonesia's state energy company Pertamina to collaborate in both countries and internationally. Indonesia' foreign ministry said that the partnership could be worth up to $2.5bn.
W.Asia
2019, July, 25, 19:40:00
SUEZ CHANAL, SUMED PIPELINE ROTES
The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and liquefied natural gas (LNG) shipments to Europe and North America.
W.Asia
2019, July, 20, 13:20:00
RUSSIA, SAUDI ARABIA ENERGY PROJECTS
Russian and Saudi Arabian companies are considering expanding existing energy cooperation to include new joint oil and gas, petchems and nuclear projects,