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W.Asia

W.Asia
2020, January, 31, 12:20:00
SAUDI'S OIL FOR CHINA UP 47%
The big annual boost in Saudi shipments followed a new marketing strategy by state-run Aramco, which signed at least two new supply pacts with private refiners in China that came into the market from late 2018. Previously, Saudi Aramco had only dealt with China’s state refiners in long-term contracts.
W.Asia
2020, January, 31, 12:15:00
U.S., IRAN SANCTIONS UPDOWN
The potential that the waivers would lapse has raised concerns since 2019 that state-owned Russian nuclear company Rosatom, which does work for Iran's civilian nuclear program but also supplies a fifth of US enriched uranium, could be sanctioned, disrupting the supply of nuclear fuel to US utilities.
W.Asia
2020, January, 31, 11:35:00
TURKEY'S GAS IMPORTS DOWN 17%
Turkey's total gas consumption decreased by 15.8% to approximately 3.44 bcm in November 2019, from around 4.09 bcm in November 2018.
W.Asia
2020, January, 29, 13:29:00
TURKSTREAM: THE FIRST BILLION
Gazprom supplied its first billion cubic meters of gas via the TurkStream gas pipeline.
W.Asia
2020, January, 29, 12:35:00
UAE INVESTMENT FOR KAZAKHSTAN: $2 BLN
"The UAE is currently investing over US$ 2 billion in Kazakhstan, which makes it one of the top sources for Foreign Direct Investments."
W.Asia
2020, January, 27, 14:55:00
U.S., DUBAI, HONG CONG, CHINA SANCTIONS
The US State Department on Thursday set sanctions against companies in Dubai, Hong Kong, and Shanghai,
W.Asia
2020, January, 27, 14:15:00
KUWAIT GDP GROWTH 1.5%
Kuwait GDP growth to about 0.7 percent in 2019 from 1.2 percent in 2018.
W.Asia
2020, January, 24, 13:05:00
UAE INVESTMENT FOR EGYPT $7.2 BLN
The UAE is currently the largest investor in Egypt with total investments exceeding AED26.5 billion (US$ 7.2 bn), according to Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council.
W.Asia
2020, January, 24, 13:00:00
ВЗАИМОДЕЙСТВИЕ РОССИИ, ИЗРАИЛЯ: $5 МЛРД.
В ходе встречи стороны обсудили широкий спектр вопросов взаимодействия России с Израилем, в том числе в энергетике. Было отмечено, что по итогам 2019 года товарооборот между странами превысил 5 млрд долларов, из которых половина пришлась на энергетический сектор.
W.Asia
2020, January, 22, 12:20:00
ADNOC, ENI CARBON COOPERATION
The Abu Dhabi National Oil Company (ADNOC) signed today, a strategic framework agreement with Italy’s energy company, Eni, to explore new opportunities for collaboration in carbon capture utilization and storage (CCUS), where ADNOC is an industry leader, and additional strategic opportunities in research and development (R&D) across the oil and gas value chain.
W.Asia
2020, January, 20, 12:10:00
STRESSED IRAQ'S OIL
Iraqi oil production averaged more than 4.8 million barrels per day (bpd) in 2019, of which about 1.8 million bpd stemmed from the country’s domestic and state-owned players
W.Asia
2020, January, 20, 12:05:00
OPEC'S OIL PRODUCTION DOWN 2 MBD
Recent statistics issued by the Organisation of the Petroleum Exporting Countries, OPEC, highlighted a decrease in its production by 6.3 percent or some 2 million barrels per day in 2019, compared to 2018.
W.Asia
2020, January, 17, 11:35:00
IRAQ'S OIL PROBLEM
Iraq's oil production is steady at 4.46 million b/d in line with its OPEC+ quota and exports are averaging 3.45 million b/d, an oil ministry spokesperson said last week.
W.Asia
2020, January, 17, 11:25:00
IRAN'S RECESSION
Iran's economy shrank by 4.6% in the 2018-2019 fiscal year and the contraction is expected to deepen to 7.2% in the current fiscal year, the IIF, a finance industry body, said this week.
W.Asia
2020, January, 17, 11:20:00
JAPAN'S OIL STOCKS UP 28%
The crude stocks held by Saudi Arabia and Abu Dhabi were 1.41 million kiloliters, or 8.87 million barrels, at the end of November, equating to four days of Japanese oil consumption, up from 1.1 million kiloliters a month earlier, according to data released Wednesday by the Ministry of Economy, Trade and Industry.