Transportation

More than 20mn b/d of crude oil, condensate and refined products are exported from the Gulf via the Strait of Hormuz chokepoint. Iraq and Iran are scrambling to develop bypass options, but to date only Saudi Arabia and the UAE have had success.

Selected Data

7 Jan, 2022

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Suez Canal 2021 Records

The Suez Canal bagged Egypt a record $6.33bn revenue for 2021. Expansion work should enable further rises and cut the risk of blockages.
Suez Canal Record Revenue & Tonnage For 2021
Economics & Finance

3 Jun, 2022

Top Story

Tight LNG Market Drives $2bn Revenue Boost For Qatar

Qatar’s export revenues were close to record highs in April after rising $2bn and there could be more gains to come this year.
Qatar Export Revenues Are Approaching Record Levels ($bn)
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NEWS IN BRIEF

Gulf Firms Tie Up Short-Term LNG Deals

11 Jul, 2025

US Lifts Syria Sanctions

11 Jul, 2025

Saudi Arabia Increased Production In June Amid Regional Conflict

11 Jul, 2025

Israel’s Bazan Refinery Partially Restarts

4 Jul, 2025

Work Starts At Oman’s First Green H2 Site

4 Jul, 2025

Shell Appoints New Oman Head

4 Jul, 2025

Iran Suspends IAEA Cooperation

4 Jul, 2025

Adnoc Targets 1.5Mn B/D at Upper Zakum

4 Jul, 2025

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SELECTED DATA

Global LNG Trade: Top 5 Importers Collectively Took 13% More In 2018*; China Took A Whopping 41% More On Top Of 46% 2017 Gains (Mn T)

Japan’s Top 6 LNG Suppliers (Mn T): Australia Moves Further Ahead With Record 35% Market Share

Qatar Shipped 11% (5mn T) More To The Top 5 Asian Markets In 2018

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