PETROLEUM SECTOR. V{tÑàxÜ g{üxx
|
|
- Clinton Chapman
- 6 years ago
- Views:
Transcription
1 PETROLEUM SECTOR V{tÑàxÜ g{üxx
2 PETROLEUM SECTOR International oil price which was relatively weak in 2001 was largely reversed in early 2002 due to the combined effect of revival of demand and production cuts effected by the OPEC members to arrest further slide in price. World oil price which had begun its upward path since the beginning of the year, hardened further during the latter part of 2002 when a series of non-economic factors raised concerns about supply disruption, including increased tensions in the Middle East and political developments in Venezuela. Average oil price for Oman crude increased from US $ 23 per barrel to US$ per barrel in 2002 (+5.6%). The growth of Omani economy depends on the performance of hydrocarbon sector. The petroleum sectors are responsible for a major share in the GDP. The value added by the petroleum sectors at current prices increased marginally by 0.1 per cent to RO million in 2002 from RO million in 2001, while in terms of percentage, its share in the GDP dropped to 41.9 percent in 2002 from 42.6 percent in Crude Oil Production: The policy pursued by the Government towards oil production is two-fold namely, the optimization of the ratio of low-cost oil to total production and the maintenance of a sustainable level of production over the medium and long term. Keeping these broader objectives in view, Petroleum Development Oman Co. (PDO), together with other oil producing companies (Occidental Oman, Japex Oman, Novus Oman, P.T.I.P, Total Elf, Hunt Oil Oman, Year Production % Change Exports % Change Source: Ministry of Petroleum and Gas and Ministry of National Economy Triton Oman and Mersek Oil Oman) compressed their daily oil production during During 2002, some 8 exploratory wells were drilled. Total oil and condensates production was 328 million barrels during 2002 as compared to 349 million barrels in 2001 registering a decrease of 6 percent. Average production per day thus decreased from around 956 thousand b/d in 2001 to 898 thousand b/d in 2002 (Table 3.1) Reserves Table 3.1 Oil Production & Exports (Million Barrels) Oil Production & Exports (In Million Barrels) Production Exports Because of continued efforts to discover new oil fields, particularly by PDO, Oman s general oil and condensate reserves moved up to billion barrels in 2002 registering an increase of 139 million barrel over its level in
3 V{tÑàxÜ g{üxx The New Projects Within the framework of encouraging the international oil companies to invest in the oil industry in the Sultanate of Oman, the Ministry of Oil & Gas signed, in 2002 four new agreements with international Oil companies. These are Novus Oman, Hunt Oil, Total Elf and P.T.T. These production sharing agreements cover exploration and development activities in specified areas. Moreover, PDO carried out various projects during 2002, aimed at developing existing oil fields and discovering new ones within the country s strategy of increasing reserves and raising production levels when required. Oman-Indian joint company to produce fertilizers in Sur is one among the new projects which Oman Oil Company was promoting during The estimated cost of this project is around US $ 970 million (with 50% owned by Oman Oil Co.). It is expected to start production during Besides, it has been decided to construct two factories in Sohar to produce some petrochemical products and an aluminium smelter in Sohar. In addition to these projects, the year 2002 witnessed the agreement signed between Oman oil company and the UAE Dolphin Energy Co. to export Omani natural gas to UAE. Oman Oil Company, also signed in the year under review a memorandum of understanding to purchase and transfer a fertilizers factory from Holland to Oman. Table 3.2 Direction of Oil Exports (In Million Barrels) Country of Destination Japan China Korea, South Taiwan Thailand Philippines Malaysia Singapore Others Total Source: Ministry of Oil & Gas and Ministry of National Economy thousand barrels in However, the share of oil exports in total exports of Omani origin decreased from 92.8 percent in 2001 to 92.7 percent in Its share in total exports (including re-exports) also decreased from 80.2 percent to 77 percent in Japan occupied the first place as the main importer of Omani crude oil, although its share in total exports of Oman crude oil decreased from 27.1 percent in 2001 to 26.4 percent in China advanced to the second place as its share increased from 16.2 percent in 2001 to 17.8 percent in The share of Thailand which ranked third, increased from 14.7 percent in 2001 to 17 percent in South Korea was in the fourth place sharing 15.3 percent. Taiwan was the fifth largest importer of Omani oil accounting for 6.2 percent of oil exports of Direction of Oil Exports 2002 Exports Japan 26.4 % China 17.8 % Total crude oil exports reached million barrels in 2002 as compared with million barrels in Average daily exports showed a decrease of 7.8 percent from thousand barrels in 2001 to Others 15.1 % Philippines 2.1 % Thailand 17.0 % Taiwan 6.3 % Korea, South 15.3 % 22
4 Petroleum Sector Oman. Singapore was in the sixth place with a share of 5.4 percent against 6.4 percent in Malaysia was in the 7 th place with a share of 3.6 percent and the Philippines occupied the 8 th place with a share of 2.1 percent in In addition to these countries, Oman exported crude oil to few more countries in 2002, the share of which all put together was 6.1 percent of total oil exports in that year. Oil Revenues The Government s net oil revenues increased significantly during 2002 by 17.4 percent to reach RO million from RO 1875 million in Refinery Table 3.3 Oman s Oil Prices (US $/B) January February March April May June July August September October November December Average Jan-Dec Source: Ministry of Oil & Gas and Ministry of National Economy Oil refining in the Sultanate of Oman started, for the first time, in November 1982 with the capacity of 50,000 b/d which increased to 80,000 b/d thereafter. Oman Oil Refinery Company is 99 per cent Government owned, with the Central Bank of Oman owning 1 percent. The Oil Refinery output reached 24 million barrels in 2001 and 30.6 million barrels in At present, the Refinery Table 3.4 Oman Refinery Company - Crude Oil Input and Output by Type of Product (In Thousand Barrels) Input/Output * Input Condensate Crude Oil Output Gasoline Regular Super DP Kerosene Gasoil Butane Long Residue (Bunker) Change in intermediate products Fuel and Uses of ORC Source: Oman Refinery Company and Ministry of National Economy produces five types of products viz LPG butane, Jet fuel, Gas oil and two grades of gasoline, plus residual. The details of inputs and outputs of the refined products are shown in Table 3.4. Natural Gas * Provisional Natural gas is another important source of energy in the Sultanate of Oman. Therefore, the Government s plans aim at conserving this natural wealth and rationalizing its usage. As a result of the exploration programmes the Sultanate s proven natural gas reserves (associated and non-associated) increased to 25.1 trillion cubic feet in 2002 from 24.4 trillion cubic feet in The increase was due to newly drilled wells as well as better exploitation of the existing ones. In 2001, some billion cubic feet of natural gas was produced (270.7 billion c.f. associated and billion c.f. nonassociated). This was increased to billion cubic feet (281.5 billion c.f. associated and billion c.f. non- 23
5 associated) in At present, gas is largely utilised for reinjecting it into the oil reservoirs to maintain pressure and sustain oil production. It is also used as fuel to generate power in desalination plants, cement factories and other industrial projects such as textiles, aluminium and batteries. In 2002, however, domestic consumption of natural gas was nearly 300 million cubic meter, with the break up of Electricity (80%), Petroleum Development Oman PDO (11%), Manufacturing and others (7%) and Ministry of Defence (2%). The New Gas Projects During 2002, Oman Gas Company implemented several gas projects. These are: 2 gas pipe lines to Sohar and Salalah. During the year under review, Oman Gas Co. completed the construction of two projects in Barka and Salalah. Both these projects aim at easing the gas pressure. LNG Exports During 2002, LNG exports amounted to 6.5 million tons as compared to 5.9 million tons in LNG was exported to Korea, USA, France, Japan, Belgium and Spain, as well as 144,000 metric tons of by-product NGL exported to UAE. Mining & Quarrying: Mining & Quarrying sector has played an important role in Oman s economy since ancient times. To enhance the role, the Government has embarked on an intense programme of geological research and exploration in order to develop the country s mineral resources. These minerals include Copper, Chromite, Nickel, Iron, Gold and Silver. In addition, Oman possesses deposits of many non-metallic minerals e.g. large quantities of Gypsum and limestone, which are being exploited for the production of cement. High quality marble is also quarried and sold both in the domestic and international markets. With regard to exploration, a project comprising detailed Geological Mapping and Ground Geophysics (IP & TM surveys) to identify potential areas of mineral presence, including one conducted with the assistance of Japan International Cooperation Agency (JICA), is in progress. Work so far carried out has resulted in the discovery of new potential areas for the copper and gold deposits. An airborne geophysical survey for Haushi, Huqf, Izki and Masirah Island was completed few years back. Based on the evaluation of the results of the survey, potential areas have been delineated to carryout detailed geophysical surveys and the Diamond Core Drilling. The Sultanate s Gold production stood at 5123 ounces in Oman s production of Silver stood at 1006 ounces in This was extracted from Yankul and Sohar mines. The whole gold and silver productions were exported to the U.K. The Sultanate s production of Chromite went up considerably from 18,000 metric tons in 1997 to 30,000 metric tons in 1998, 26,009 metric tons in 1999 and 15,000 metric tons in 2000, 30,150 metric tons in 2001 and 27.4 thousand metric tons in The production of Chromite is fully exported. The main importers were Japan, U.K., Germany and some other EU countries. 24
PETROLEUM SECTOR. Crude Oil
PETROLEUM SECTOR During 2000 the international oil market witnessed remarkable developments on both supply and demand sides. The most important of such developments was the OPEC decision to increase the
More informationOil and Gas. Chapter Three
Oil and Gas Chapter Three OIL AND GAS Oil and Gas sector continued to be the key driver of growth in 2004, and it also remained as the predominant source of revenue for the Government and the leading export
More informationOil and Gas. Chapter Three
Chapter Three The robust macroeconomic performance of Oman in 2005 was largely conditioned by the strong surge seen in the oil and gas sector income resulting from favourable international oil price developments.
More informationCHAPTER 4: A REVIEW OF THE ENERGY ECONOMY IN IRAN AND OTHER COUNTRIES
CHAPTER 4: A REVIEW OF THE ENERGY ECONOMY IN IRAN AND OTHER COUNTRIES 60 Nowadays, energy is the lifeblood of modern civilization. The shortage of energy that can be one of the issues related to the economy
More informationGlobal Gasoline, Global Condensate and Global Petrochemical Markets to 2020 and How much naphtha will end up in gasoline blending?
Study Prospectus Nexus - The Interaction Between: Global Gasoline, Global Condensate and Global Petrochemical Markets to 2020 and 2025 Can I export more naphtha? Should I build a splitter? Should I build
More informationOman. 1 of 7 2/3/ :33 PM. Last Updated: February Oman is the leading regional non-opec oil exporter.
1 of 7 2/3/2011 12:33 PM Oman Last Updated: February 2011 Oman is the leading regional non-opec oil exporter. Background Like most of its neighbors, Oman is dependent upon its oil sector for the majority
More informationHow Are Alberta s Largest Manufacturing Sectors Faring in the Current Recession?
ECONOMIC COMMENTARY How Are Alberta s Largest Manufacturing Sectors Faring in the Current Recession? Highlights: Alberta s manufacturing sector is currently in recession as a result of the dramatic drop
More informationAlberta s Manufacturing Industry is Recovering in 2017
ECONOMIC COMMENTARY Alberta s Manufacturing Industry is Recovering in 2017 Highlights: Alberta s manufacturing industry was in recession in 2015 and 2016 as a result of the dramatic drop in crude oil prices.
More informationOverview. Key Energy Issues to Economic Growth
Key Energy Issues to 225 The Energy Information Administration (EIA), in preparing model forecasts for its Annual Energy Outlook 25 (AEO25), evaluated a wide range of current trends and issues that could
More informationNATURAL GAS RESERVES, DEVELOPMENT & PRODUCTION IN QATAR
Espace Beethoven - Bailment 3 - Route des Lucioles - B.P. 248-06905 Sophia Antipolis Cedex France Tel. (33) 04 92 96 66 96 - Fax. (33) 04 92 96 66 99 email: omesa iway.fr Association sans but lucratif
More informationCommodity Market Monthly
Commodity Market Monthly Research Department, Commodities Unit May 12, 216 www.imf.org/commodities commodities@imf.org Commodity prices surged 4.7 percent in April, with gains in all main indices, and
More informationExport Breached RM80 billion, Highest on Record
5 May ECONOMIC REVIEW March External Trade Export Breached RM80 billion, Highest on Record Exports continued to expand by double-digit growth in March. For the first time, exports value reached the highest
More informationConventional Energies (Oil & Gas)
13 Conventional Energies (Oil & Gas) 162 Conventional Energies (Oil & Gas) Conventional Energies (Oil & Gas) I. History and Background The first documented systematic oil exploration and drilling in Iran
More informationInternational Energy Outlook: key findings in the 216 Reference case World energy consumption increases from 549 quadrillion Btu in 212 to 629 quadril
EIA's Global Energy Outlook For The Institute of Energy Economics, Japan October 5, 216 Japan By Adam Sieminski, Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov
More informationChapter - 3. Mineral and Power Resources
Chapter - 3 Mineral and Power Resources What are Minerals? A naturally occurring substance that has a definite chemical composition is a mineral Minerals Not distributed properly concentrated in a particular
More informationIran and China: Dialogue on Energy
Iran and China: Dialogue on Energy Abbas Maleki Research Seminar Repsol YPF-Harvard KSG Fellows Harvard University March 15, 2006 What is the crux of Iran-China relations? the exchange of Chinese capital
More informationShort Term Energy Outlook March 2011 March 8, 2011 Release
Short Term Energy Outlook March 2011 March 8, 2011 Release Highlights West Texas Intermediate (WTI) and other crude oil spot prices have risen about $15 per barrel since mid February partly in response
More informationMiddle East Refining Technology Conference (MERTC) January 2017
_ Middle East Refining Technology Conference (MERTC) 23-24 January 2017 Ladies & Gentlemen, KNPC Projects, Current Priorities and Growth Plans Good Morning It is indeed a great pleasure to participate
More informationTransformation in the GCC Chemical Industry Dave Witte, SVP IHS, Division Head, Energy & Chemicals
Transformation in the GCC Chemical Industry Dave Witte, SVP IHS, Division Head, Energy & Chemicals dave.witte@ihsmarkit.com Agenda Challenges facing the GCC economies Chemicals as a solution Challenges
More informationEstimation of Taiwan s CO 2 Emissions Related to Fossil Fuel Combustion A Sectoral Approach
Estimation of Taiwan s CO 2 Emissions Related to Fossil Fuel Combustion A Sectoral Approach 4 Shinemay Chen, Der-Cherng Lo and Huai Hsuan Yu Department of Public Finance, National Cheng-Chi University
More informationThe Outlook for Energy: A View to 2040
The Outlook for Energy: A View to 2040 Todd Onderdonk United States Association for Energy Economics February 2013 This presentation includes forward-looking statements. Actual future conditions (including
More informationECUADOR IN THE METHANE TO MARKETS INITIATIVE GAS AND OIL SECTOR
ECUADOR IN THE METHANE TO MARKETS INITIATIVE GAS AND OIL SECTOR Technology Transfer Workshop, Oil and Gas, Methane to Markets, and Technical Subcommittee Meeting Villahermosa, Mexico, April 25 27 2006
More informationStatistics Overview. Vancouver Fraser Port Authority
Statistics Overview Vancouver Fraser Port Authority 2017 Table of contents Overview 1 Foreign vessel traffic 2 Cargo summary by sector 2 Bulk sector 3 Container units and TEUs 4 Container sector 5 Breakbulk
More informationAnalysis of Transboundary Movements of Hazardous Wastes and Other Wastes in Asia
Analysis of Transboundary Movements of Hazardous Wastes and Other Wastes in Asia The current status of transboundary movements of hazardous wastes and other wastes in accordance with the Basel Convention
More informationArgus Ethylene Annual 2017
Argus Ethylene Annual 2017 Market Reporting Petrochemicals illuminating the markets Consulting Events Argus Ethylene Annual 2017 Summary Progress to the next peak of the economic cycle, now expected by
More informationEnergy Cooperation in Northeast Asia
March 2004 Energy Cooperation in Northeast Asia A Study on the Oil Pipeline Construction in Northeast Asia Chang-Won Park, Dal-Sok Lee Korea Energy Economics Institute Summary
More informationShale Gas Global. New Zealand LPG
Shale Gas Global New Zealand LPG New Zealand LPG Where to from here? 2 LPG ('000 Tonnes) 300 LPG Production and Demand to 2018 (calendar year) 250 200 150 100 50 0 2000 2005 2010 2015 Kapuni Kupe McKee/Mangahewa
More informationNARUC. Global Liquefied Natural Gas Supply: An Introduction for Public Utility Commissioners
2009 Global Liquefied Natural Gas Supply: An Introduction for Public Utility Commissioners NARUC October 2009 The National Association of Regulatory Utility Commissioners Funded by the U.S. Department
More informationChapter 7. Indonesia Country Report. September 2016
Chapter 7 Indonesia Country Report September 2016 This chapter should be cited as Malik, C. (2016), Indonesia Country Report in Kimura, S. and P. Han (eds.) in Energy Outlook and Energy Saving Potential
More informationIndonesia s $120 Billion Oil and Gas Opportunity
Indonesia s $120 Billion Oil and Gas Opportunity By Alex Dolya, Asheesh Sastry, Eddy Tamboto, and Fadli Rahman It s a prize within reach: between $90 billion and $120 billion of additional GDP over the
More informationInternational Energy Outlook 2016
International Energy Outlook 2016 For APERC Annual Conference 2017 Tokyo, Japan By Angelina LaRose U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov Global outlook 2
More informationNatural Resources. A. Soil (Arable land is land that can be farmed) B. Water C. Plants such as trees or even food crops D. Animals E. The Sun F.
Economic Geography Natural Resources A natural resource is anything from nature that can be of value to humans. Renewable resources are natural resources that can replenish themselves with proper management
More informationDelivering a responsible future
Delivering a responsible future Leading on all fronts Rio Tinto Alcan is a global supplier of high quality bauxite, alumina and primary aluminium. Building on more than a century of experience, we are
More informationSAUDIS AS LEADING EXAMPLE IN MENA MINING
SAUDIS AS LEADING EXAMPLE IN MENA MINING THE MENA MINING 2013 Dubai International Convention and Exhibition Centre Dr. Abdullah Al-Attas Assistant President, Saudi Geological Survey (SGS) Jeddah, Saudi
More informationEnergy sector in Mongolia. Contents Brief of energy sector Energy sector policy Future trend
Energy sector in Mongolia Contents Brief of energy sector Energy sector policy Future trend 1 Energy sector in Mongolia Contents Brief of energy sector Energy sector policy Future trend 2 Mongolia-Socioeconomic
More informationTRINIDAD AND TOBAGO ENERGY CONFERENCE JANUARY 2017
BY TRINIDAD AND TOBAGO ENERGY CONFERENCE JANUARY 2017 *No. of unique client sites Independent and neutral insight. The Rystad Energy business data solution is global. 400 350 300 250 200 150 100 50 0 2010
More informationShale Gas as an Alternative Petrochemical Feedstock
Shale Gas as an Alternative Petrochemical Feedstock Tecnon OrbiChem Seminar at KICHEM 2012 Seoul - 2 November, 2012 Roger Lee SHALE GAS WHERE DOES IT COME FROM? Source: EIA SHALE GAS EXPLOITATION Commercial
More informationJanvier D. Nkurunziza, Commodities Branch, UNCTAD
United Nations Conference on Trade and Development 10th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 25-26 April 2018, Geneva Recent trends and outlook on commodity markets By Janvier D. Nkurunziza,
More informationAustralian and Canadian Imports and Exports: Trade and Transportation by
Australian and Canadian Imports and Exports: Trade and Transportation by Elizabeth Barber University of New South Wales Australian Defence Force Academy Canberra, ACT., AUSTRALIA e.barber@adfa.edu.au Ph:
More informationAsia Oil Price Analysis 4: Marker Crude Values Based on Oil Product Market and Assessment of Price Differentials of Marker Crude
Asia Oil Price Analysis 4: Marker Crude Values Based on Oil Product Market and Assessment of Price Differentials of Marker Crude Yoshiki Ogawa, Ph. D. General Manager, the Second Research Department Highlighting
More informationM E T A L S & ENERGY INSIGHT
M E T A L S & ENERGY INSIGHT 19 th February 2015 Nickel Nickel s origination is not known to the world but it is said that the metal is being used since around 3500 BC. At that time, the bronze medal in
More informationCobalt as a by-product of nickel and copper production. Jack Bedder Senior Analyst Roskill Information Services. October 2 nd 2013
Cobalt as a by-product of nickel and copper production Jack Bedder Senior Analyst Roskill Information Services October 2 nd 2013 Overview Background to the INSG/ICSG/Roskill study Rationale and aims Methodology
More informationRegulatory Reform in the City Gas industry, and Competition between Energy Companies
Regulatory Reform in the City Gas industry, and Competition between Energy Companies Haruki Takahashi Senior Managing Director The Japan Gas Association 1. Introduction From the latter half of the 1980s
More informationDavid Coady, Stefania Fabrizio, Mumtaz Hussain, Baoping Shang, and Younes Zouhar
ENERGY SUBSIDY REFORM: LESSONS AND IMPLICATIONS CHAPTER 2. DEFINING AND MEASURING ENERGY SUBSIDIES David Coady, Stefania Fabrizio, Mumtaz Hussain, Baoping Shang, and Younes Zouhar Definition and Measurement
More informationCrude Oil and Natural Gas Trade in North America: Anything New?
Crude Oil and Natural Gas Trade in North America: Anything New? André Plourde Department of Economics Faculty of Public Affairs Carleton University CRUDE OIL All data from US Energy Information Administration
More informationWorld and U.S. Fossil Fuel Supplies
World and U.S. Fossil Fuel Supplies Daniel O Brien and Mike Woolverton, Extension Agricultural Economists K State Research and Extension Supplies of fossil fuel resources used for energy production vary
More informationA global outlook for borates. Rio Tinto Minerals April 2014
A global outlook for borates Rio Tinto Minerals April 2014 Cautionary statement This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited ( Rio Tinto ) and consisting of the slides for
More informationOil, Natural Gas and Energy Security
Oil, Natural Gas and Energy Security Jürgen Scheffran Institute of Geography, CliSAP/CEN Universität Hamburg Energy Landscapes and Climate Policy" Lecture 63-949, April 21, 2016 p. 1 Migration of oil and
More informationOil and natural gas: market outlook and drivers
Oil and natural gas: market outlook and drivers for American Foundry Society May 18, 216 Washington, DC by Howard Gruenspecht, Deputy Administrator U.S. Energy Information Administration Independent Statistics
More informationSummer Fuels Outlook. Gasoline and diesel. April 2018
April 2018 Summer Fuels Outlook This outlook focuses on prices and consumption of gasoline, diesel, and electricity (see Summer Fuels Outlook motor gasoline table and electricity table). The use of these
More informationAugust IPI Beats Expectation up 6.8%, Highest in 2 ½ Years.
12 October 20 ECONOMIC REVIEW August 20 Industrial Production Index August IPI Beats Expectation up 6.8%, Highest in 2 ½ Years. IPI expanded above market expectations. Malaysia s industrial production
More informationBridging Two Disciplines
OIL & GAS SERVICES Bridging Two Disciplines We are independent Engineering Economists and Advisors. Our principal competency is as supply side and asset specialists. Since 1971 we have bridged the gap
More informationAnalysis of Transboundary Movements of Hazardous Wastes and Other Wastes in Asia <The Second Version>
Analysis of Transboundary Movements of Hazardous Wastes and Other Wastes in Asia Background and Objective The current status of transboundary movements of hazardous wastes and other
More informationUnconventional Oil & Gas: Reshaping Energy Markets
Unconventional Oil & Gas: Reshaping Energy Markets Guy Caruso Senior Advisor JOGMEC Seminar 7 February 2013 Landscape is Changing Even as We Sit Here Today - US Projected to reach 90% Energy Self-Sufficiency
More informationCaspian and EU Energy Security: Iran, an Inevitable Partner
Caspian and EU Energy Security: Iran, an Inevitable Partner 1 2 Main Issues 1. World and EU energy needs (present, future) 2. EU potential energy partners in with emphasis on Caspian Sea 3. Iran as an
More informationIndonesia s Challenges toward Industrial Upgrading
Indonesia = Japan 2 nd Industrial Dialogue JICA mission @ Bappenas Indonesia s Challenges toward Industrial Upgrading 11 August 2017 Yuri Sato Executive Vice President Institute of Developing Economies
More informationImpact of the GCC Crisis on Global Energy Markets. Joe Macaron
Impact of the GCC Crisis on Global Energy Markets June 21, 2017 Impact of the GCC Crisis on Global Energy Markets For decades, Gulf Cooperation Council (GCC) countries have been a pillar of the global
More informationIran Energy Database. Address: 1629 K St NW, Suite 300, Washington, DC Tel: Fax:
Iran Energy Database Email: info@svbenergy.com Address: 1629 K St NW, Suite 300, Washington, DC 20006 Tel: +1 202 600 7831 Fax: +1 202 331 3759 About US SVB Energy International LLC (SVBEI) is a Washington
More informationThe U.S Market for Liquid Natural Gas: Better Out than In Natasha Allen HSA10-5 The Economics of Oil and Energy April 4, 2013
The U.S Market for Liquid Natural Gas: Better Out than In Natasha Allen HSA10-5 The Economics of Oil and Energy April 4, 2013 I. Introduction Over the past couple of decades, the natural gas economy in
More informationTHE ALUMINIUM INDUSTRY S CONTRIBUTION TO THE ECONOMY OF THE GULF STATES
THE ALUMINIUM INDUSTRY S CONTRIBUTION TO THE ECONOMY OF THE GULF STATES A REPORT BY THE GULF ALUMINIUM COUNCIL Aluminium ingots ready for shipment from the Alba plant in Bahrain. GULF ALUMINIUM COUNCIL
More informationOutline. Anderson Mining Company Ltd. Peel Region - Yukon s Mineral Wealth Wind River Energy Project The Future Planning Issues
Outline Anderson Mining Company Ltd. Peel Region - Yukon s Mineral Wealth Wind River Energy Project The Future Planning Issues Anderson Mining Company Limited Incorporated Jan 2003 Initially a mineral
More informationSeaborne trade CONTENTS. 1 Seaborne trade from/to Japan
1 Seaborne trade from/to Japan (Unit:million ton) volume by sea(%) volume by sea(%) volume by sea(%) Source The Japanese Shipowners Association 94 63 697 84 712 796 116 771 886 13 87 937 134 816 95 144
More informationNATURAL GAS INDUSTRY COOPERATION OPPORTUNITIES BETWEEN CHINA AND USA
NATURAL GAS INDUSTRY COOPERATION OPPORTUNITIES BETWEEN CHINA AND USA YOUR RELIABLE BUSINESS PARTNER www.keruigroup.com Directory 1 Who we are 2 Cooperation in the oil and gas field 3...Cooperation in the
More informationTotal in Qatar. facts & figures
Total in Qatar facts & figures ABBREVIATIONS b: barrel cf: cubic feet /d: per day /y: per year : euro $US and/or dollar : U.S. dollar t: metric ton boe: barrel of oil equivalent kboe/d: thousand boe/d
More informationUS Oil and Gas Import Dependence: Department of Energy Projections in 2011
1800 K Street, NW Suite 400 Washington, DC 20006 Phone: 1.202.775.3270 Fax: 1.202.775.3199 Email: acordesman@gmail.com Web: www.csis.org/burke/reports US Oil and Gas Import Dependence: Department of Energy
More informationRyo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market
Ryo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market 1 Summary World & Asian Stainless Steel Production China:
More informationISSN Ministry Of Energy and Mineral Resources Republic of Indonesia 2017 HANDBOOK OF ENERGY & ECONOMIC STATISTICS OF INDONESIA
ISSN 2528-3464 Ministry Of Energy and Mineral Resources Republic of Indonesia 2017 HANDBOOK OF ENERGY & ECONOMIC STATISTICS OF INDONESIA ISSN 2528-3464 Ministry Of Energy and Mineral Resources Republic
More informationGulf Coast Energy Outlook: Addendum.
Gulf Coast Energy Outlook: Addendum. Addendum accompanying whitepaper. See full whitepaper here. David E. Dismukes, Ph.D. Gregory B. Upton, Jr., Ph.D. Center for Energy Studies Louisiana State University
More informationCommodity Market Monthly
Commodity Market Monthly 1 Research Department, Commodities Team* January 1, 214 www.imf.org/commodities Commodity prices rose by 2.4 percent in December, with increases in most main indices. During 213,
More information2012 Minerals Yearbook
2012 Minerals Yearbook UGANDA [ADVANCE RELEASE] U.S. Department of the Interior U.S. Geological Survey October 2014 The Mineral Industry of Uganda By Thomas R. Yager and Harold R. Newman In 2012, the East
More informationThe outlook and opportunities for petrochemicals based on China s development of shale gas
China s shale gas The outlook and opportunities for petrochemicals based on China s development of shale gas LEE FAGG Nexant Nexant has recently completed a detailed analysis of the current and developing
More informationOil & Gas in South East Asia
GLOBAL ENERGY REVIEW Oil & Gas in South East Asia A Report by Dr Paul McDonald Consulting Editor, Oil and Energy Trends A survey of the oil and gas reserves of South East Asia; Together with an details
More informationMineral resources in Europe Elias Ekdahl, Director General Geological Survey of Finland
Mineral resources in Europe Elias Ekdahl, Director General Geological Survey of Finland Presented by Pekka Nurmi International Symposium on the Planet Earth Trondheim 7-8 February 2008 Topics Global trends
More informationChips of Trade. Introduction. Concept. Objectives. Materials. Part 1: Let The Chips Fall Procedure. Subjects. Skills. Method
Chips of Trade Introduction The Earth is a finite system with limited resources that people must compete for and share. The more people there are on the planet, the smaller each person s share of resources.
More informationHis Majesty Sultan Qaboos bin Said
His Majesty Sultan Qaboos bin Said OPWP s 7-YEAR STATEMENT (2010 2016) APPROVED BY THE AUTHORITY FOR ELECTRICITY REGULATION, OMAN (Issue 4) December 2009 Oman Power and Water Procurement Co. (SAOC) PO
More information2017 HANDBOOK OF ENERGY & ECONOMIC STATISTICS
ISSN 2528-3464 Ministry Of Energy and Mineral Resources Republic of Indonesia 2017 HANDBOOK OF ENERGY & ECONOMIC STATISTICS FINAL EDITION OF INDONESIA ISSN 2528-3464 Ministry Of Energy and Mineral Resources
More informationSession I OPEC s World Oil Outlook 2014
Fifth IEA-IEF-OPEC Symposium on Energy Outlooks Session I OPEC s World Oil Outlook 2014 Presented by: Mr. Oswaldo Tapia Head, Energy Studies Department, OPEC IEF Headquarters Riyadh, Saudi Arabia 23rd
More informationSONATRACH ALGERIA SONATRACH. Vision & Perspectives. ALGERIA - Energy Day 04th May, 2016 HOUSTON - TEXAS - USA
SONATRACH ALGERIA SONATRACH Vision & Perspectives ALGERIA - Energy Day 04th May, 2016 HOUSTON - TEXAS - USA Sonatrach Corporate Profile : 2015 key figures E&P Midstream Downstream Marketing Discoveries
More informationCurrent Mining Activities in Myanmar
The Republic of the Union of Myanmar Ministry of Mines Current Mining Activities in Myanmar Presented by U Kyaw Thet Director Department of Mines 6/15/2012 1 Responsible for administration of mineral policy
More informationAnnual Energy Outlook 2018 with projections to 2050
Annual Energy Outlook 218 with projections to 25 February 218 U.S. Energy Information Administration Office of Energy Analysis U.S. Department of Energy Washington, DC 2585 This publication is on the Web
More informationFOURTH QUARTER 2015 [STATS BRIEF] Copyrights Statistics Botswana 2016
No: 2016/1 STATISTICS BOTSWANA INDICES OF THE PHYSICAL VOLUME OF MINING PRODUCTION FOURTH QUARTER 2015 [STATS BRIEF] Copyrights Statistics Botswana 2016 Contact Statistician: Mothati Goweditswe Madande
More informationAluminium: A bright future for the metal of tomorrow. Jacynthe Côté Metal Bulletin International Aluminium Summit Paris, 8 September 2011
Aluminium: A bright future for the metal of tomorrow Jacynthe Côté Metal Bulletin International Aluminium Summit Paris, 8 September 2011 Global economic situation 2008 = 100 Dow Jones ASX FTSE 2 Market
More informationResource corridors: A case study of the Pilbara, Australia
Supporting sustainable resources development Resource corridors: A case study of the Pilbara, Australia Ian Satchwell 29 October 2012 Outline Overview of the Pilbara History of Pilbara development Key
More informationTHE CHEMICALS INDUSTRY OPPORTUNITIES TO INCREASE ENERGY EFFICIENCY, TO REDUCE GREENHOUSE GAS EMISSIONS AND TO LIMIT MERCURY DISCHARGES CONCEPT NOTE
1 THE CHEMICALS INDUSTRY OPPORTUNITIES TO INCREASE ENERGY EFFICIENCY, TO REDUCE GREENHOUSE GAS EMISSIONS AND TO LIMIT MERCURY DISCHARGES CONCEPT NOTE Summary: This note provides a brief overview of the
More informationArt caption: Natural resources such as rocks are mined in rock quarries (KWOR-eez) like this one. DRAFT
1 OBSERVING EARTH S RESOURCES INVESTIGATION Humans use a lot of materials found naturally on Earth. There are many materials, including metals such as copper and woods such as pine. Materials that are
More informationComplies with NF C Standard
Complies with NF C 17-102 Standard LPI Product Offering Lightning Protection International Pty Ltd Lightning Protection International Pty Ltd is a fully owned Australian manufacturer and supplier of direct
More informationIHS REVIEWS CONTRASTING 2016 MARKETS: DRY BULK & DIRTY TANKER
Information IHS MARITIME Analytics & TRADE Expertise FEBRUARY 216 IHS REVIEWS CONTRASTING 216 MARKETS: DRY BULK & DIRTY TANKER Dalibor Gogic, Principal Analyst +44 23 253 2388 Dalibor.Gogic@ihs.com Global
More informationLong-term Crude Oil Outlook
Volume 13 Long-term Crude Oil Outlook The Global Oil Balance - 2016-2040 ESAI Energy presents two global oil balances, one covering the period from 2015 to 2021 by year and one covering the period 2015-2040
More informationWeber US Crude Oil Trade Report
Weber US Crude Oil Trade Report j f a m j j Imports 216 215 Linear (216) Linear (215) US Crude Oil Imports set to contract It is estimated that seaborne crude oil imports increased by around 12% in 216
More informationLNG Facts A Primer. Presentation before US Department of Energy, Office of Fossil Energy, LNG Forums. March 10, Kristi A. R.
LNG Facts A Primer Presentation before US Department of Energy, Office of Fossil Energy, LNG Forums March 10, 2006 Kristi A. R. Darby Center for Louisiana State University Overview What is Natural Gas?
More informationZHOU Peng. College of Economics and Management & Research Center for Soft Energy Science Nanjing University of Aeronautics and Astronautics, China
China s Energy Import Dependency: Status and Strategies ZHOU Peng College of Economics and Management & Research Center for Soft Energy Science Nanjing University of Aeronautics and Astronautics, China
More informationHydraulic Fracturing, Shale Gas, and Water The Water Council September 10, 2013
Hydraulic Fracturing, Shale Gas, and Water The Water Council September 10, 2013 John Beagle, Co-Founder and Managing Director Grace Matthews, Inc. 219 North Milwaukee Street Milwaukee, WI 53202 (414) 278-1120
More informationBrunei Darussalam Country Report
Chapter 3 Brunei Darussalam Country Report September 2016 This chapter should be cited as Energy and Industry Department of Prime Minister s office (2016), Brunei Darussalam Country Report, in Kimura,
More informationA World of Solutions Visit Product Storage Terminals for Bulk Liquids
A World of Solutions Visit www.cbi.com Product Storage Terminals for Bulk Liquids United Arab Emirates The most global experience of any tank company CB&I has more than eight decades of experience designing
More informationAustralian Mining Industry Outlook Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
Australian Mining Industry Outlook Market Opportunities and Entry Strategies, Analyses and Industry Forecast Report BRICdata John Carpenter House 7 Carmelite Street London EC4Y 0BS United Kingdom Tel:
More informationINDONESIAN MINING POLICY UPDATE
INDONESIAN MINING POLICY UPDATE bauma FORUM bauma 2013 30th International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment
More informationLNG supply chain analysis and optimisation of Turkey's natural gas need with LNG import
World Maritime University The Maritime Commons: Digital Repository of the World Maritime University World Maritime University Dissertations Dissertations 2011 LNG supply chain analysis and optimisation
More information