Data Driven Middle East Oil & Gas Analysis

Weekly Forward Looking Energy News

Geopolitical Risk

25 Nov, 2022

Top Story

Qatar Scores With LNG Geopolitics

It was all smiles in Qatar this week as Saudi Arabia’s Crown Prince attended the opening ceremony of the FIFA World Cup. Less than two years after the embargo ended, Qatar’s exports to its neighbors have boomed. But, having diversified its import sourcing, Qatar shows no desire to return GCC imports to 2016 levels.
Qatar Exports To The GCC Have Soared Following The End Of The Qatar Embargo And Spike In Energy Prices ($bn)
Corporate

25 Nov, 2022

Featured

Qatar-China LNG Megadeal

China state firm Sinopec has signed the first contract for volumes from Qatar’s NFE expansion, with a sizeable 4mn t/y, 27-year deal.
Qatar's Top Asian LNG Customers (mn tons)

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MEES MONTHLY OPEC PRODUCTION ESTIMATES (MN B/D)

October 2022 vs Sep22 vs Oct21 September22 August22 2021 vs20 2020 2019
Algeria - - - - - 0.91 0.01 0.90 1.03
Angola - - - - - 1.13 -0.13 1.26 1.40
Congo - - - - - 0.27 -0.03 0.30 0.31
Equatorial Guinea - - - - - 0.10 -0.01 0.11 0.11
Gabon - - - - - 0.18 -0.01 0.19 0.19
Iran - - - - - 2.38 0.39 1.99 2.43
Iraq - - - - - 4.02 0.01 4.01 4.63
Kuwait - - - - - 2.41 -0.01 2.42 2.67
Libya - - - - - 1.18 0.84 0.34 1.11
Nigeria - - - - - 1.45 -0.18 1.62 1.84
Saudi Arabia - - - - - 9.11 -0.11 9.22 9.75
UAE - - - - - 2.72 -0.06 2.78 3.05
Venezuela - - - - - 0.54 0.02 0.51 0.82
TOTAL - - - - - 26.41 0.74 25.66 29.33

* MEES Monthly OPEC Production Data Available To Subscribers Only

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UAE

Abu Dhabi Exploration Blocks

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