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.
NEWS IN BRIEF
Opec+ JMMC To Meet 12 September
16 Aug, 2019
Korea Cuts Mideast Dependence
16 Aug, 2019
LNG: India, Taiwan Take Less
16 Aug, 2019
Oman: Blocks 3 & 4 Output Record
16 Aug, 2019
Egypt: Molla Cuts Output Target
16 Aug, 2019
TransGlobe Egypt Output Up
16 Aug, 2019
Libya Plans Petchems Restart
16 Aug, 2019
Oman’s First Wind Farm On Test
16 Aug, 2019
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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