Transportation

*Global LNG trade surged to record levels in 2018. The top five global importers alone, all in Asia,...

India imported just 202,000 b/d of crude from Iran in December, the lowest figure since December 2015, according to...

Japan’s crude imports fell for the sixth straight year to 3.058mn b/d for 2018. Though the country remains the...

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Momentum is gathering for GCC gas integration. A positive move, but the elephant in the room is the exclusion of gas-exporter Qatar. Can the plans work?

*Q4 results from key drilling firms Schlumberger and Halliburton indicate that both expect the recent lull in US drilling...

Saudi drew down stocks to supply 11.4mn b/d crude to market in November. Record 10.3mn b/d exports included 2mn b/d products as China took record volumes.

Thailand, a key growth market for global oil demand, imported a record 1.12mn b/d in 2018. The UAE supplied almost a third of this.

Imports of Iranian barrels are up from November’s sub-800,000 b/d nadir as Korea and Japan have resumed buying. But the US is set to hike the pressure.

Pakistani Prime Minister Imran Khan headed to Doha this week for high level talks with Qatar’s leadership. The countries...

South Korea’s LNG imports rose by 17.6% to hit a record 44.3mn tons for 2018 topping the previous record...

Iraq is exceedingly close to its 5mn b/d production capacity target, at least on paper. Opec cuts may temporarily hamper output gains, but bottlenecks in pipeline and export infrastructure, as well as a dearth of options downstream are the real reason why reality may prove less than the sum of its parts.