DOCSLIB.ORG

OPEC Annual Statistical Bulletin 2015

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
OPEC Annual Statistical Bulletin 2015 2015 OPEC Annual Statistical Bulletin Organization of the Petroleum Exporting Countries Major OPEC flows of crude and refined oil (1,000 b/d) 2014 2015 Ecuador Angola Iraq Venezuela Libya Saudi Arabia th Nigeria Kuwait 50 EDI OPEC TIO N Algeria Qatar Annual Statistical Bulletin Organization of the Petroleum Exporting Countries IR Iran UAE 2,294 812 250 117 1,316 137 160 494 1,598 Team for the preparation of the OPEC Annual Statistical Bulletin 1 14,081 1,002 1,979 61 Director, Research Division Editorial Team 585 Omar S Abdul-Hamid Head, Public Relations and Information Department Hasan Hafidh Project Leader Head, Data Services Department Editor Adedapo Odulaja Alvino-Mario Fantini Coordinator, Statistics Team Coordinator, Design and Production Hossein Hassani Carola Bayer Statistics Team Senior Production Assistant 15 Pantelis Christodoulides, Klaus Stöger, Harvir Kalirai, Mouhamad Diana Lavnick Moudassir, Mohammad Sattar, Anna Gredinger, Ksenia Gutman Graphic Designer 420 Coordinator, IT Development Team Tara Starnegg Mohamed Mekerba 89 IT Development Team Hannes Eichner, Zairul Arifin, Vedran Hrgovcic 989 334 Questions on data 310 Although comments are welcome, OPEC regrets that it is unable to answer all enquiries concerning the data in the ASB. Data queries: [email protected]. Advertising 98 The OPEC Annual Statistical Bulletin now accepts advertising. For details, please contact the Head, PR and Information Department at the following address: Organization of the Petroleum Exporting Countries Helferstorferstrasse 17, A-1010 Vienna, Austria Tel: +43 1 211 12/0 Fax: +43 1 216 43 20 Advertising: [email protected] OPEC Latin America Website: www.opec.org Photographs Page 5: Courtesy Zhang Jianshe. Pages 7, 13, 21, 31, 47, 65, 81, 95: Shutterstock. © 2015 Organization of the Petroleum Exporting Countries OPEC Africa ISSN 0475-0608 OPEC Middle East Notes: Totals may not add up due to independent rounding. 2015 OPEC Annual Statistical Bulletin 2015 Bulletin Statistical Annual 50th EDI TIO N OPEC OPEC Annual Statistical Bulletin Helferstorferstrasse OPEC17, A-1010 Vienna, Austria Helferstorferstrassewww.opec.org 17, A-1010 Vienna, Austria www.opec.org Organization of the Petroleum Exporting Countries Contents Foreword 5 Key messages 6 Tables Page Section 1: Summary 7 Table 1.1 OPEC Members’ facts and figures 8 1.2 OPEC Members’ crude oil production allocations 9 Section 2: Macro-economics 13 Table 2.1 OPEC Members’ population 14 2.2 OPEC Members’ GDP at current market prices 15 2.3 OPEC Members’ values of exports 16 2.4 OPEC Members’ values of petroleum exports 17 2.5 OPEC Members’ values of imports 18 2.6 Current account balances in OPEC Members 19 2.7 Annual average exchange rates for OPEC Members 20 Section 3: Oil data: upstream 21 Table 3.1 World proven crude oil reserves by country 22 3.2 Active rigs by country 23 3.3 Wells completed in OPEC Members 25 3.4 Producing wells in OPEC Members 26 3.5 Daily and cumulative crude oil production in OPEC Members 27 3.6 World crude oil production by country 28 3.7 Non-OPEC oil supply and OPEC NGLs 29 Section 4: Oil data: downstream 31 Table 4.1 Refinery capacity in OPEC Members by company and location 32 4.2 World refinery capacity by country 34 4.3 Charge refinery capacity in OPEC Members 35 4.4 World refinery throughput by country 36 4.5 Output of refined petroleum products in OPEC Members 37 4.6 World output of refined petroleum products by country 39 4.7 Oil demand by main petroleum products in OPEC Members 40 4.8 World oil demand by country 42 4.9 World oil demand by main petroleum product and region 44 Section 5: Oil trade 47 Table 5.1 OPEC Members crude oil exports by destination 48 5.2 OPEC Members’ petroleum products exports by destination 50 5.3 World crude oil exports by country 52 5.4 World exports of petroleum products by country 55 5.5 World exports of crude oil and petroleum products by country 57 5.6 World imports of crude oil by country 59 5.7 World imports of petroleum products by country 61 5.8 World imports of crude oil and petroleum products by country 62 Section 6: Oil transportation 65 Table 6.1 Tanker fleet development in OPEC Members 66 6.2 World tanker fleet by year of build and categories 66 6.3 LPG carrier fleet in OPEC Members 68 6.4 World LPG carrier fleet by size and type 68 6.5 World combined carrier fleet by size 69 6.6 Average spot freight rates by vessel category 70 6.7 Dirty tanker spot freight rates 71 6.8 Clean tanker spot freight rates 72 6.9 Main crude oil pipelines in OPEC Members 73 6.10 Main petroleum product pipelines in OPEC Members 78 OPEC Annual Statistical Bulletin 2015 1 Contents Section 7: Oil prices 81 7.1 OPEC Reference Basket (ORB) and corresponding spot components prices 82 7.2 Selected spot crude oil prices 83 7.3 ICE Brent and NYMEX WTI annual average of the 1st, 6th and 12th forward months 86 7.4 OPEC Reference Basket in nominal and real terms 87 7.5 Spot prices of petroleum products in major markets 88 7.6 Retail prices of petroleum products in OPEC Members 89 7.7 Composite barrel and its components in major consuming countries 90 Section 8: Natural gas data 93 8.1 World proven natural gas reserves by country 94 8.2 Natural gas production in OPEC Members 96 8.3 World marketed production of natural gas by country 98 8.4 World natural gas exports by country 100 8.5 World imports of natural gas by country 101 8.6 LNG carrier fleet in OPEC Members 102 8.7 World LNG carrier fleet by size and type 102 8.8 Main gas pipelines in OPEC Members 103 Graphs Section 2: Macro-economics Graph 2.1: OPEC Members’ population 14 Graph 2.2: Population as a share of total OPEC 14 Graph 2.3: OPEC Members’ GDP at current market prices 15 Graph 2.4: GDP at current market prices as a share of total OPEC 15 Graph 2.5: OPEC Members’ values of exports 16 Graph 2.6: Values of exports as a share of total OPEC 16 Graph 2.7: OPEC Members’ values of petroleum exports 17 Graph 2.8: Values of petroleum exports as a share of total OPEC 17 Graph 2.9: OPEC Members’ values of imports 18 Graph 2.10: Values of imports as a share of total OPEC 18 Graph 2.11: Current account balances in total OPEC 19 Graph 2.12: Current account balances in OPEC Members 19 Graph 2.13: OPEC oil export revenues vs value of total exports 20 Section 3: Oil data: upstream Graph 3.1: World proven crude oil reserves 24 Graph 3.2: OPEC Members’ proven crude oil reserves 24 Graph 3.3: World crude oil production 24 Graph 3.4: OPEC Members’ crude oil production 24 Section 4: Oil data: downstream Graph 4.1: World refinery capacity 43 Graph 4.2: World output of petroleum products 43 Graph 4.3: OPEC output of refined petroleum products 43 Graph 4.4: World oil demand 46 Graph 4.5: OPEC Members’ oil demand 46 Graph 4.6: World oil demand by main petroleum product 46 Section 5: Oil trade Graph 5.1: World crude oil exports by region 53 Graph 5.2: OPEC Members’ crude oil exports 53 Graph 5.3: World interregional trade of crude oil 54 Graph 5.4: OPEC Members’ petroleum products exports by destination 56 Graph 5.5: Percentage share of OPEC crude oil exports by regions 58 Graph 5.6: OPEC Members’ exports of crude and petroleum products 58 Graph 5.7: OPEC Members’ exports of petroleum products 58 2 OPEC Annual Statistical Bulletin 2015 Contents Graph 5.8: OPEC Members’ crude oil exports by destination 60 Graph 5.9: OPEC flows of crude and refined oil 64 Section 6: Oil transportation Graph 6.1: World tanker fleet by year of build and categories 67 Graph 6.2: World tanker fleet by year of build and categories 67 Graph 6.3: Average spot freight rates by vessel category 70 Graph 6.4: Dirty tankers spot freight rates 71 Graph 6.5: Dirty tankers spot freight costs 71 Graph 6.6: Clean tankers spot freight rates 72 Graph 6.7: Clean tankers spot freight rates 72 Section 7: Oil prices Graph 7.1: OPEC Reference Basket 82 Graph 7.2: Differentials of selected spot crude oil prices to OPEC Reference Basket (1) 84 Graph 7.3: Differentials of selected spot crude oil prices to OPEC Reference Basket (2) 84 Graph 7.4: Differentials of selected spot crude oil prices to OPEC Reference Basket (3) 85 Graph 7.5: Differentials of selected spot crude oil prices to OPEC Reference Basket (4) 85 Graph 7.6: OPEC Reference Basket in nominal and real terms 87 Graph 7.7: Spot petroleum product prices — US Gulf 88 Graph 7.8: Spot petroleum product prices — Singapore 88 Graph 7.9: Spot petroleum product prices — Rotterdam 88 Graph 7.10: Composite barrel and its components in volume 91 Graph 7.11: Composite barrel and its components in percentage 92 Section 8: Natural gas data Graph 8.1: World proven natural gas reserves 95 Graph 8.2: OPEC Members’ proven natural gas reserves 95 Graph 8.3: World marketed production of natural gas 95 Graph 8.4: OPEC Members’ marketed production of natural gas 95 General notes 107 Definitions 108 Country groupings 109 Economic organizations 110 Abbreviations 110 Oil companies 111 Sources 112 Conversion factors 112 Map Major OPEC flows of crude and refined oil inside back cover Disclaimer The data contained in the OPEC Annual Statistical Bulletin (the ‘ASB’) is historical and obtained directly from OPEC Member Countries and third parties listed in the publication.
Load more

Recommended publications
  • OPEC Annual Statistical Bulletin 2019 1 Contents
    2019 OPEC Annual Statistical Bulletin Organization of the Petroleum Exporting Countries 1965 – 2019 th edition 54 Team for the preparation of the OPEC Annual Statistical Bulletin Secretary General Editorial Team Chairman of the Editorial Board Head, Public Relations and Information Department Mohammad Sanusi Barkindo Hasan Hafidh Director, Research Division Editor Ayed S. Al-Qahtani Maureen MacNeill, Mathew Quinn Project Leader Coordinator, Design and Production Head, Data Services Department Carola Bayer Adedapo Odulaja Senior Production Assistant Coordinator, Statistics Team Diana Lavnick Hossein Hassani Graphic Designer Statistics Team Tara Starnegg Pantelis Christodoulides, Klaus Stöger, Mohammad Sattar, Mihni Mihnev, Justinas Pelenis, Ksenia Gutman Coordinator, IT Development Team Mohamed Mekerba IT Development Team Vedran Hrgovcic, Zairul Arifin Online Annual Statistical Bulletin 2019: asb.opec.org Download now: Smart App for OPEC Annual Statistical Bulletin iOS Android Questions on data Data queries: [email protected]. Advertising The OPEC Annual Statistical Bulletin now accepts advertising. For details, please contact the Head, PR and Information Department, at the following address: Organization of the Petroleum Exporting Countries Helferstorferstrasse 17, A-1010 Vienna, Austria Tel: +43 1 211 12/0 Fax: +43 1 216 43 20 Advertising: [email protected] Website: www.opec.org Photographs Courtesy OPEC. © 2019 Organization of the Petroleum Exporting Countries ISSN 0475-0608 Contents Foreword 5 Key messages 6 Tables Page Page Section
    [Show full text]
  • Demand and Supply of Feed Ingredients for Farmed Fish and Crustaceans: Trends and Prospects
    FAO ISSN 2070-7010 FISHERIES AND AQUACULTURE TECHNICAL PAPER 564 Demand and supply of feed ingredients for farmed fish and crustaceans Trends and prospects Cover photograph: Drying of farm-made aquafeed for Nile tilapia, Jamalpur, Bangladesh (courtesy of FAO/Mohammad R. Hasan). FAO FISHERIES AND Demand and supply of feed AQUACULTURE TECHNICAL ingredients for farmed fish PAPER and crustaceans 564 Trends and prospects Albert G.J. Tacon FAO Consultant Hawaii, United States of America Mohammad R. Hasan Aquaculture Officer Aquaculture Service FAO Fisheries and Aquaculture Department Rome, Italy and Marc Metian Littoral Environment and Societies University of La Rochelle La Rochelle, France FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Rome, 2011 The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations (FAO) concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of a similar nature that are not mentioned. The views expressed in this information product are those of the author(s) and do not necessarily reflect the views of FAO. ISBN 978-92-5-106933-2 All rights reserved. FAO encourages reproduction and dissemination of material in this information product. Non-commercial uses will be authorized free of charge, upon request.
    [Show full text]
  • Regional Differences in Life-Cycle Greenhouse Gas and Criteria Air Pollutant Emissions of Light-Duty Vehicles in the United States
    Regional Differences in Life-Cycle Greenhouse Gas and Criteria Air Pollutant Emissions of Light-Duty Vehicles in the United States Hao Cai, Jeongwoo Han, Michael Wang, and Amgad Elgowainy Center for Transportation Research, Argonne National Laboratory, 9700 South Cass Avenue, Argonne, IL 60439 [email protected] ABSTRACT To facilitate the efforts to identify greenhouse gas (GHG) and criteria air pollutants (CAP, representing CO, VOC, NOx, SOx, PM10 and PM2.5) emission-reduction opportunities that may be specific to particular regions, this paper intends to estimate regional differences in life-cycle GHG and CAP emissions from light-duty vehicles in the US, using the GREET (the Greenhouse gases, Regulated Emissions, and Energy use in Transportation) Model, a life-cycle analysis model that has been developed at Argonne National Laboratory to quantify life-cycle GHG and CAP emissions from both conventional and advanced vehicle/fuel systems. The GHG and CAP emission burdens of upstream crude oil recovery, transportation, refining and distribution activities associated with the production of gasoline and diesel from both domestic and foreign crude oil sources for the US transportation sector are explored in each of the Petroleum Administration for Defense Districts (PADD) regions. Besides, GHG and CAP emission factors of light-duty vehicle operation on the county level are calculated by using EPA’s MOVES model. Results show that the life-cycle GHG and CAP emissions induced by fuel use by both gasoline and diesel light-duty vehicles differ to a varying extent among the PADD regions, due to regional differences in GHG and CAP emissions associated with various life-cycle stages, in PADD-specific crude oil source profiles, and in the vehicle operation emission factors.
    [Show full text]
  • UEBR: Utah's Role in the United States Petroleum Industry
    Utah Economic and Business Review Bureau of Economic and Business Research July/August 2005 David Eccles School of Business Volume 65 Numbers 7 & 8 University of Utah Highlights Utah’s Role in the United States • Over the past 20 years, the United States has Petroleum Industry become increasingly dependent upon imported petroleum to meet demand. In 1985, the United States produced 3.3 billion barrels of crude oil, Alan E. Isaacson, Research Analyst by 2004, domestic crude oil production had dropped to 2.0 billion barrels. Simultaneously, Changing worldwide demand for petroleum products over the net imports of crude oil increased from 1.1 billion barrels in 1985 to 3.7 billion barrels in past several years has produced noticeable effects. Increasing 2004. This drop in domestic crude oil production economic growth in Pacific Rim countries, especially China, coupled with the rise in net imports resulted in the percentage of the country’s crude oil supply has altered the world petroleum markets, with China accounted for by imports rising from 25.0 surpassing Japan in 2003 in consumption of petroleum percent in 1985 to 64.8 percent in 2004. products, second only behind the United States. Over the past • Crude oil production in Utah has been declining for the past several decades. Utah crude oil four years, China has been responsible for 40 percent of the production peaked at 41.1 million barrels in increase in worldwide petroleum demand. By 2025, the 1985 and declined to a low of 13.1 million barrels in 2003 before recovering slightly to 14.8 emerging economies of the Pacific Rim are expected to more million barrels in 2004.
    [Show full text]
  • FINANCIAL MARKETS and the ADJUSTMENT to HIGHER OIL PRICES by Tamir Agmon, Donald Lessard, and James L
    FINANCIAL MARKETS AND THE ADJUSTMENT TO HIGHER OIL PRICES by Tamir Agmon, Donald Lessard, and James L. Paddock* M.I.T. World Oil Project Working Paper Number MIT-EL-77-039WP September 1977 I. INTRODUCTION A great deal has been written on the actual and potential effects of the oil price increase on world financial markets, but relatively little emphasis has been placed on the role played by financial markets in the adjustment of the energy markets themselves. This paper explores the linkages between energy and financial markets and points out why these should be taken into account in interpreting energy market adjustments. The existence of financial markets allows several degrees of freedom which otherwise would not exist. Immediate adjustment to current account balance is not required, as claims on future output of goods and services can be exchanged for oil. Since producer countries can hold claims on future goods as well as oil reserves which they can exchange for goods in the future, they may alter their output and pricing decisions from what they would be in the absence of financial markets. Further, the risk and return characteristics of the claims issued by net consumers of oil need not be the same as those desired by oil producers since these can be altered through financial intermediation. Finally, since the future consumption of the producer countries will depend on returns from their financial portfolios as well as future oil sales, they will have to consider the impact of their output and pricing decisions on financial markets in making these decisions.
    [Show full text]
  • UK Fuel Market Review
    UK fuel market review Crude oil www.racfoundation.org/uk-fuel-market-review • The price of crude oil is largely set globally and as a consequence crude prices are subject to fluctuations in the global balance of supply and demand. • Demand for crude oil is driven by a number of factors: global economic activity, the oil intensity of certain sectors, future expectations regarding the availability of oil and its price, weather and technological innovation. • Supply in the short run is a function of output from existing production capacity and inventories. In the longer term, it is a function of existing reserves and exploration for and development of new reserves. • The majority of UK crude oil is produced in the UK Continental Shelf (UKCS). This is equivalent to just over half of the UK’s crude oil demand. 1. Crude oil prices: set globally In 2011, crude oil provided a third of global energy consumption; it is the world’s most important energy source. Crude oil is extracted in many parts of the world and traded internationally. Figure 1: Crude oil production by country in 2011 (000 barrels per day) 12,000 10,000 8,000 6,000 4,000 000 barrels per day 2,000 0 Crude oil production Source: BP Statistical Review of World Energy 2012 Price differentials exist between types of crude oil. Depending on its density (light, medium and heavy – light crudes having the highest economic value) and sulphur content (sweet indicates low, while sour indicates high sulphur content), the value of crude oil varies which in turn affects the pump price of fuel for the final consumer.
    [Show full text]
  • Palm Oil Handbook Commodities and Export Projecuonsdivision Economic Analysis and Projectons Department
    4 Palm Oil Handbook Commodities and Export ProjecUonsDivision Economic Analysis and Projectons Department 0 . November 1981 TECHNICALCONVERSION FACTORS Meal yield Oil yield Palm kernels 52.5 46.5 Source: FAO, Technical Conversion Factors for Agricultural Commodities,Rome, 1972. November 1981 TABLE OF CONTENTS Page No. I. INTRODUCTION ................................ II. THE PRODUCT................................................... II - 1 A. Physical Characteristicso.....o........ ..................... II - 1 B. Methods of Extraction (Production)....................... II - 2 Co Various End-Uses...................o** 0....... ............... II - 5 D. Marketing of the Product................................. II - 6 -III. PRODUCTIONo ... o.o................................... oooo*oooo*ooo III -1 A. Geographical Distribution................................O III - 1 B. Some Factors Affecting Supplyu p p ly.o..oo.o...ooo...... III - 3 IV. CONSUMPTION AND TRADE.o.o..o.oo.....oooooo...o..........o.... IV - 1 A. Consumption ....... IV - 1 B. Exports and Imports............ ......................... IV - 5 C. Market Structure and the Trading of Palm Oil .............0 IV - 15 V. INTERNATIONAL PRICES AND MARET PARAMETERS .................oooo V - 1 A* Prices................................................... V - 1 B. Supply Elasticities.;...o . ........ o............. .o V - 4 C. Demand Elasticitieso......o oo.... .. ........ o.o..... V - 4 VI. SPECIAL ISSUES..............SUE.S.. VI - 1 A. Barriers to Trade and Protection............... .......
    [Show full text]
  • Petroleum Watch California Energy Commission
    February 2021 PETROLEUM WATCH CALIFORNIA ENERGY COMMISSION INSIDE REFINERY NEWS Gasoline Retail Prices by Brand • Chevron El Segundo: • Valero Wilmington: Diesel Retail Prices by Region On January 27 and 28, process Between January 29 and upsets occurred resulting in February 25, planned flaring Crude Oil Inputs unplanned flaring according to is scheduled to take place regulatory filings with the South relating to turnaround activity Crude Oil Supply Sources Coast Air Quality Management according to regulatory filings Foreign Crude Oil Imports District (AQMD) and California with the South Coast Air Quality 2018-2020 Governor's Office of Emergency Management District (AQMD). Services (Cal OES). Share of Foreign Crude Oil Imports 2019 vs 2020 Featured Topic: Foreign Crude Oil Imports Decline in 2020 CALIFORNIA GASOLINE RETAIL PRICES BY BRAND January 2021 vs. 2020 $4.60 (Percentage Change) $4.40 $4.20 76 7% lower $4.00 ARCO 5% lower $3.80 $3.60 Chevron 4% lower $3.40 Hypermart 7% lower $3.20 Shell 6% lower $3.00 $2.80 Unbranded 6% lower $2.60 Valero 6% lower $2.40 Dollars per Gallon (Nominal) Gallon per Dollars $2.20 January 2021 Averages $2.00 76 $3.39 Jul-20 Apr-20 Oct-20 Jun-20 Jan-21 Mar-20 Feb-20 Feb-21 Nov-20 Dec-20 Aug-20 Sep-20 May-20 ARCO $3.11 76 ARCO CHEVRON HYPERMART SHELL UNBRANDED Chevron $3.54 VALERO Hypermart $2.98 Source: California Energy Commission (CEC) analysis of Oil Price Information Service (OPIS) data Shell $3.46 Unbranded $3.18 Valero $3.30 CALIFORNIA DIESEL RETAIL PRICES BY REGION January 2021 vs.
    [Show full text]
  • Cross-Border Energy Trade in North America: Present and Potential
    Cross-Border Energy Trade in North America: Present and Potential Paul W. Parfomak Specialist in Energy and Infrastructure Policy Richard J. Campbell Specialist in Energy Policy Robert Pirog Specialist in Energy Economics Michael Ratner Specialist in Energy Policy Phillip Brown Specialist in Energy Policy John Frittelli Specialist in Transportation Policy Marc Humphries Specialist in Energy Policy January 30, 2017 Congressional Research Service 7-5700 www.crs.gov R44747 Cross-Border Energy Trade in North America: Present and Potential Summary The United States, Canada, and Mexico in many ways comprise one large, integrated market for energy commodities. Canada, for example, is the single largest foreign supplier of crude oil to the United States, and the United States is Canada’s sole crude oil customer. Both Mexico and Canada are major buyers of petroleum products refined in the United States. A growing trade in natural gas produced in the United States is also increasingly important to the energy relationship among the three countries. Trade in the other energy commodities—electricity, natural gas liquids, and coal—is comparatively small, but regionally important. Altogether, the value of the energy trade between the United States and its North American neighbors exceeded $140 billion in 2015, with $100 billion in U.S. energy imports and over $40 billion in exports. The United States’ energy trade relationships with Canada and Mexico are increasingly complex. They have been undergoing fundamental change in recent years—largely due to technological advancements in the petroleum and natural gas sectors creating new competition for energy supplies and new market interconnections. Consequently, while energy policies in one country have inevitably affected the others, their cross-cutting effects in the future are difficult to predict.
    [Show full text]
  • Crude Oil Terminal & Custody Transfer DATA
    CRUDE OIL TERmiNal & CUSTODY TRANSFER DATA OIL, GAS & CHEMICALS SERVices 80 $ 2010–2011 This is a Technical Publication from SGS Oil, Gas & Chemicals Services, a business of SGS SA, Geneva, referred to as “SGS OGC” throughout this publication. This technical publication has been written to provide information with regard to the subject matter involved. SGS OGC makes no warranty, express or implied, that this information is fit for any particular purpose whatsoever; or to the absolute sufficiency of the material presented. It cannot be assumed that every point has been covered and that other or additional information may not be required in a particular or exceptional circumstance. SGS OGC assumes no responsibility for any inaccuracies in reproduction or errors in interpretation of any authority. SGS OGC reserves the right to modify or amend this publication, without prior notification, but SGS OGC assumes the responsibility to update or issue corrections. Users are urged to monitor underlying authorities for amendments, updates and interpretations. Certain information contained in the publication may require or assume expertise or experience. Caution is therefore advised and SGS OGC assumes no responsibility for any use by unauthorised or untrained persons. No portion of this publication may be reproduced, in any form, without the express written permission of SGS OGC. Copies of this publication are commercially available. FoR moRE INFORmaTioN, coNTacT [email protected] OR VisiT WWW.sgs.com/ogc CONTENTs CRUDE OIL TeRmiNals CUSTODY TRANSFER DATA
    [Show full text]
  • Petroleum Marketing Monthly
    Petroleum Marketing Monthly September 2021 Independent Statistics & Analysis U.S. Department of Energy www.eia.gov Washington, DC 20585 September 2021 This report was prepared by the U.S. Energy Informa on Administra on (EIA), the sta s cal and analy cal agency within the U.S. Department of Energy. By law, EIA’s data, analyses, and forecasts are independent of approval by any other offi cer or employee of the United States Government. The views in this report therefore should not be construed as represen ng those of the U.S. Department of Energy or other federal agencies. ii U.S. Energy Informa on Administra on | Petroleum Marke ng Monthly September 2021 Preface The Petroleum MarkeƟ ng Monthly (PMM) provides informa on and sta s cal data on a variety of crude oils and refi ned petroleum products. The publica on presents sta s cs on crude oil costs and refi ned petroleum products sales for use by industry, government, private sector analysts, educa onal ins tu ons, and consumers. Data on crude oil include the domes c fi rst purchase price, the free on board cost (FOB) and landed cost of imported crude oil, and the refi ners’ acquisi on cost of crude oil. Refi ned petroleum product sales data include motor gasoline, dis llates, residuals, avia on fuels, kerosene, and propane. The Offi ce of Petroleum and Biofuels Sta s cs at the, U.S. Energy Informa on Administra on (EIA) ensures the accuracy, quality, and confi den ality of the published data in the Petroleum MarkeƟ ng Monthly.
    [Show full text]
  • Energy Reports Renewable Electricity Targets in Selected MENA Countries
    Energy Reports 5 (2019) 1470–1487 Contents lists available at ScienceDirect Energy Reports journal homepage: www.elsevier.com/locate/egyr Research paper Renewable electricity targets in selected MENA countries – Assessment of available resources, generation costs and GHG emissions ∗ Sebastian Timmerberg a,b, , Anas Sanna a, Martin Kaltschmitt a, Matthias Finkbeiner b a Hamburg University of Technology, Germany b Technische Universität Berlin, Germany article info a b s t r a c t Article history: MENA countries published national policy targets for the implementation of electricity from renewable Received 28 May 2019 energy (RE). These targets are important as they serve as framework for stakeholders in the energy Received in revised form 5 September 2019 sector like businesses and administration, while also showing governmental ambitions to the public. Accepted 3 October 2019 This paper investigates the impact on resources, generation cost and GHG emissions if the targets are Available online 25 October 2019 met. It also examines whether the current development is achieving the targets and how the targets perform in the light of the Paris Agreement. 13 to 52 % of electricity from RE is targeted for 2030. The necessary RE expansion exceeds the current expansion in most countries. Only in Morocco and Jordan are projects indicating that the targets might be reached. From a resource perspective, a much stronger expansion is possible. Beneficial locations exist allowing to cover the domestic demand or even an export of electrical energy or derived energy carrier. Furthermore, especially PV, but also wind systems, can generate electricity in many areas for lower cost than fossil fuel fired power plants.
    [Show full text]