Search

Your search keyword '"OIL consumption"' showing total 30 results
Start Over Descriptor "OIL consumption" Region kuwait
30 results on '"OIL consumption"'

1. The effects of natural gas and oil consumption on CO2 emissions in GCC countries: asymmetry analysis.

Author

Mahmood, Haider

Subjects
NATURAL gas consumption, OIL consumption, KUZNETS curve, CONSUMPTION (Economics), PETROLEUM, CARBON dioxide
Abstract

Oil and gas are key energy sources in the Gulf Cooperation Council (GCC) region. The present study examines the asymmetrical environmental effects of these energy sources and also tests the environmental Kuznets curve (EKC) from 1975 to 2019. In the long run, the EKC is corroborated in Kuwait and Saudi Arabia. But the EKC is not validated in the GCC Panel. Increasing oil consumption raises carbon dioxide (CO2) emissions in all investigated GCC countries, and decreasing oil consumption reduces CO2 emissions in Kuwait, Oman, Saudi Arabia, and the United Arab Emirates (UAE). The effect of oil consumption is found asymmetrical in Qatar and symmetrical in the rest of GCC countries. Increasing natural gas consumption (NGC) carries a positive effect in all investigated GCC countries, and decreasing NGC reduces emissions in Oman, Qatar, and the UAE. Moreover, NGC's effects are asymmetrically in all GCC countries except Qatar. In the panel estimates, both increasing and decreasing oil and NGC have positive effects on CO2 emissions. The long-run effect of oil consumption on CO2 emissions is larger than the effect of NGC in most GCC economies and panel results. In the short run, increasing and decreasing oil consumption and NGC have a positive effect on emissions in all investigated economies except Saudi Arabia. In the long run, coefficients of decreasing oil consumption are found significantly greater than coefficients of increasing NGC in Kuwait, Oman, Saudi Arabia, the UAE, and the whole GCC. This finding corroborates that increasing CO2 emissions with increasing NGC is lower than decreasing CO2 emissions with decreasing oil consumption. Hence, we recommend these countries switch from oil consumption to NGC to reduce overall CO2 emissions. [ABSTRACT FROM AUTHOR]

Published
2022
Full Text
View/download PDF

2. BMI Research: Kuwait Oil & Gas Report.

Subjects
PETROLEUM industry, OIL consumption, SWOT analysis
Abstract

An industry report of oil and gas industry in Kuwait is presented by BMI Research, with topics including gas consumption,oil consumption and SWOT analysis for the industry.

Published
2016

3. BMI Research: Iran Oil & Gas Report: Middle East - Regional Appendix.

Subjects
ENERGY consumption, OIL consumption, CHARTS, diagrams, etc.
Abstract

Several tables are presented which show the oil production, oil consumption, and gas consumption of various countries in the Middle East from 2009 to 2016 including Bahrain, Kuwait, and Iran.

Published
2012

4. BMI Research: Kuwait Oil & Gas Report: Oil And Gas Outlook: Long-Term Forecasts.

Subjects
GAS industry, PETROLEUM industry, BUSINESS forecasting, OIL consumption, PETROLEUM products manufacturing
Abstract

The article offers an outlook on the oil and gas industry of the Middle East and Kuwait from 2010-2020. It expects that oil consumption in the Middle East will rise by 15.3% in 2015-2020. It forecasts that from 2010-2020, Kuwait's oil production will increase by 38.3% and oil consumption will grow by 25.3%.

Published
2011

5. BMI Research: Kuwait Oil & Gas Report: Industry Forecast Scenario.

Subjects
ECONOMIC forecasting, PETROLEUM industry, OIL consumption, PETROLEUM export & import trade, REVENUE
Abstract

The article focuses on the forecast scenario of Business Monitor International Ltd. (BMI) on the oil and gas industry in Kuwait. It says that Kuwait's oil production will reach an average of 2.79 million barrels per day (b/d) in 2015, while oil consumption will reach 475,000 b/d. It states that gas consumption will hit 18.1 billion cubic metres (bcm) by 2015. It adds that crude oil export will achieve 75.88 billion U.S.-dollar revenues in 2015.

Published
2011

6. BMI Research: Kuwait Oil & Gas Report: Oil And Gas Outlook: Long-Term Forecasts.

Subjects
ECONOMIC forecasting, PETROLEUM industry, OIL consumption, INVESTMENTS, ECONOMIC trends, PETROLEUM product sales & prices
Abstract

The article presents a long-term outlook on the oil and gas industry of Kuwait. It states that the oil consumption of Kuwait is expected to increase by 15.3% in 2015-2020. It says that investment levels and production trends will be influenced by the energy prices. It presents several tables which show the oil consumption, oil production, and gas production of Middle East countries including Iran, Kuwait, and Oman from 2013-2020.

Published
2011

7. BMI Research: Kuwait Oil & Gas Report: Oil Supply, Demand And Price Outlook.

Subjects
PETROLEUM industry, PETROLEUM product sales & prices, OIL consumption
Abstract

The article presents an overview of the prices and demand of oil in Kuwait from 2008 to 2015. It mentions that the Business Monitor International Ltd. (BMI) revised the oil supply and demand outlook for 2010, reflecting changes in macroeconomic outlook and environmental initiatives. Moreover, Business Monitor International Ltd. (BMI) anticipates the rise of global oil consumption by 2.36% in 2010.

Published
2011

8. BMI Research: Kuwait Oil & Gas Report: Industry Forecast Scenario.

Subjects
FORECASTING, PETROLEUM industry, PETROLEUM, PRODUCTION (Economic theory), OIL consumption, SUPPLY & demand
Abstract

The article presents projections for the oil and gas industry in Kuwait through 2019. Business Monitor International Ltd. (BMI) predicts an increase in oil production later in the forecast period because of a rise in oil consumption as part of a recovering global economy. Moreover, BMI forecasts increases in gas supply and demand.

Published
2010

9. BMI Research: Iraq Oil & Gas Report: Competitive Landscape.

Subjects
BUSINESS forecasting, POWER resources, PORTFOLIO management (Investments), OIL consumption
Abstract

The article provides information on the competitive scenario of oil and gas industry in Kuwait. According to the article, Kuwait Petroleum Corp. (KPC), the government's main vehicle, has been responsible for all domestic oil and gas operations with portfolio of international businesses. Also, the project will increase its oil production with the Indian Oil Corp. (IOC) Ltd. assistance. In addition, it affirms on the visualization of service provision by foreign companies.

Published
2010

10. BMI Research: Kuwait Oil & Gas Report.

Subjects
ECONOMIC forecasting, PETROLEUM export & import trade, NATURAL gas, OIL consumption, PETROLEUM product sales & prices, INTERNATIONAL trade
Abstract

The latest Kuwait Oil & Gas Report from BMI forecasts that the country will account for 5.60% of Middle East (ME) regional oil demand by 2014, while providing 10.25% of supply. Regional oil use of 4.98mn barrels per day (b/d) in 2001 rose to 7.15mn b/d in 2009. It should average 7.42mn b/d in 2010 and then rise to around 8.38mn b/d by 2014. Regional oil production was 22.83mn b/d in 2001 and averaged 24.41mn b/d in 2009. After an estimated 24.86mn b/d in 210, it is set to rise to 26.67mn b/d by 2014. Oil exports are growing steadily, because demand growth is lagging the pace of supply expansion. In 2001, the region was exporting an average 17.85mn b/d. This total eases to an estimated 17.44mn b/d in 2010 and is forecast to reach 18.30mn b/d by 2014. Iraq has the greatest export growth potential, followed by Qatar. In terms of natural gas, the region consumed 379.2bn cubic metres (bcm) in 2009, with demand of 481.4bcm targeted for 2014, representing 22.1% growth. Production of 407.2bcm in 2009 should reach 588.9bcm in 2014 (+26.2%), which implies net exports rising to 108.0bcm by the end of the period. Kuwait is set to consume an estimated 3.65% of the region's gas in 2010, with its market share forecast at 3.80% by 2014. It will have contributed an estimated 2.84% to 2010 regional gas production and by 2014 will account for 2.81% of supply. For 2010 as a whole, we continue to assume an average OPEC basket price of US$83.00/bbl, +36.4% year-on-year (y-o-y). Risk is now clearly on the downside, thanks to the slow progress made during June. However, a full-year outturn in excess of US$80 remains a strong possibility and we see no need to review our assumptions at this point. The 2010 US WTI price is now put at US$87.63/bbl. BMI is assuming an OPEC basket price of US$85.00/bbl in 2011, with WTI averaging US$89.74. Our central assumption for 2012 and beyond is an OPEC price averaging US$90.00/bbl, delivering WTI at just over US$95.00. For 2010, the BMI assumption for premium unleaded gasoline is an average global price of US$95.45/bbl. The overall y-o-y rise in 2010 gasoline prices is put at 36%. Gasoil in 2010 is expected to average US$93.23/bbl. The full-year outturn represents a 35% increase from the 2009 level. For 2010, the annual jet price level is forecast to be US$95.90/bbl. This compares with US$70.66/bbl in 2009. The 2010 average naphtha price is put by BMI at US$83.53/bbl, up 41% from the previous year's level. Kuwait's real GDP is forecast by BMI to rise by 2.0% in 2010, followed by average annual growth of 2.3% in 2010-2014. We expect oil demand to rise from an estimated 423,000b/d in 2010 to 469,000b/d in 2014, lagging the underlying rate of economic expansion. State oil company Kuwait Petroleum Corporation (KPC) is responsible for all domestic oil and gas operations. In spite of the absence of nearterm international oil company (IOC) investment, crude production is forecast to increase from an estimated 2.50mn b/d in 2010 to 2.74mn b/d in 2014, subject to OPEC quotas. Gas production should reach 16.6bcm by 2014, up from an estimated 13.3bcm in 2010. Consumption is expected to rise from an estimated 14.4bcm to 18.3bcm by the end of the forecast period, requiring imports of 1.7bcm. Between 2010 and 2019, we are forecasting an increase in Kuwaiti oil production of 24.3%, with crude volumes rising steadily to 3.40mn b/d by the end of the 10-year forecast period. Oil consumption between 2010 and 2019 is set to increase by 18.8%, with growth slowing to an average 3.0% per annum towards the end of the period and the country using 557,000b/d by 2019. Gas production is expected to climb to 20.6bcm by the end of the period. With 2010-2019 demand growth of 64.3%, this provides an import requirement rising to 3.1bcm by 2019. Details of the BMI 10-year forecasts can be found in the appendix to this report. Kuwait shares eighth and last place with Saudi Arabia in BMI's composite Busines [ABSTRACT FROM AUTHOR]

Published
2009

11. BMI Research: Kuwait Oil & Gas Report: Oil & Gas Ratings: Revised Methodology.

Subjects
PETROLEUM industry, MINERAL industries, OIL consumption, NATURAL gas reserves
Abstract

The article presents an overview for the revised methodology of oil and gas ratings for petroleum industry in Kuwait. Accordingly, ratings include indicators such as resource base, growth outlook, and the market maturity of oil production. Hence, several charts are presented depicting the methodology of gas business environment downstream ratings.

Published
2009

12. BMI Research: Kuwait Oil & Gas Report: Industry Forecast Scenario.

Subjects
PETROLEUM industry, PETROLEUM reserves, OIL consumption, PETROLEUM export & import trade
Abstract

The article reports on the forecast scenario of the petroleum industry in Kuwait. The June 2008 BP Statistical Review of World Energy noted that there is some debate over the alleged 8-9% share of the world total while the country is conceived to own an estimated 101.5 billion barrels of proven oil reserves. It has an oil supply of around 2.63 million barrels/day for June 2008. The country is also a substantial exporter of refined oil products, with trade amounting to more than 500,000 b/d.

Published
2008

13. BMI Research: Kuwait Oil & Gas Report: Industry Forecast Scenario.

Subjects
ECONOMIC forecasting, PETROLEUM industry, OIL consumption, PRODUCTION (Economic theory), SUPPLY & demand, KUWAITI economy
Abstract

The article offers an industrial forecast in Kuwait. It presents the scenario of Kuwaiti oil production, consumption and exports from 2000-2011. Oil supply and demand are also discussed which are said to be below estimated sustainable capacity in 2008. It also discusses the upgrade on the refining assets of Kuwait National Petroleum Co. (KNPC). Charts which depict said trends, historic data and forecasts are presented.

Published
2008

14. BMI Research: Kuwait Oil & Gas Report: Industry Forecast Scenario.

Subjects
PETROLEUM reserves, PETROLEUM industry, SUPPLY & demand, OIL consumption, PETROLEUM export & import trade
Abstract

The article reports on the claim that Kuwait's oil reserves comprise 8-9% of the industry worldwide. Kuwaiti oil supply which is below sustainable capacity is expected to increase by 2020. The country's natural gas production is also expected to rise due to the predicted growth of gas consumption, seeking gas imports from Qatar and Iran via pipelines. Details on the plans of Kuwait National Petroleum Co. (KNPC) to increase capacity of oil refining are presented.

Published
2008

15. Kuwait Says Oil Buyers Don't Want to Boost Imports Next Year.

Author

Wallace, Paul, MacDonald, Fiona, and Steel, Alix

Subjects
PETROLEUM, IMPORTS, OIL consumption
Abstract

(Bloomberg) -- Kuwait's state energy company said customers are reluctant to increase oil imports next year, signaling that the market's being suppressed by global economic weakness. As part of Kuwait's aim to neutralize planet-warming emissions within its borders by 2050, it will invest in solar power and carbon-capture technology. [Extracted from the article]

Published
2022

16. Industry Forecast Scenario.

Subjects
BUSINESS forecasting, PETROLEUM industry, PETROLEUM reserves, PETROLEUM products, ELECTRIC power production, EXPORTS, OIL consumption
Abstract

The article provides an outlook on the petroleum industry and trade in Kuwait for the third quarter of 2007. The country is believed to have an estimated 101.5 billion bbl of oil reserves or 8-9% share of the world total and is expected to add 200,000b/d to capacity in 2007-2008. It exports refined amounting over 500,000b/d or US$7 billion per annum. It is also expected that thermal sources will still be dominant for electricity generation with the use of gas to lessen domestic oil consumption.

Published
2007

17. The domestic economy: Oil and gas.

Subjects
PETROLEUM industry, KUWAITI economy, INDUSTRIAL laws & legislation, OIL consumption, POLITICIANS
Abstract

Presents information on the development in the domestic economy of Kuwait in relation to the oil and gas industries. Information on the Project Kuwait that may finally be entering the closing stages of its long, drawn-out approval process; Report that the project has generated objections among a number of members of the National Assembly; Focus on the operational services agreement including agreed financial, economic and legal arrangements for Project Kuwait, which have been finalized to the apparent satisfaction of the Supreme Petroleum Council.

Published
2004

18. The effects of natural gas and oil consumption on CO 2 emissions in GCC countries: asymmetry analysis.

Author

Mahmood H

Subjects
Kuwait, Oman, Saudi Arabia, Carbon Dioxide, Natural Gas
Abstract

Oil and gas are key energy sources in the Gulf Cooperation Council (GCC) region. The present study examines the asymmetrical environmental effects of these energy sources and also tests the environmental Kuznets curve (EKC) from 1975 to 2019. In the long run, the EKC is corroborated in Kuwait and Saudi Arabia. But the EKC is not validated in the GCC Panel. Increasing oil consumption raises carbon dioxide (CO 2 ) emissions in all investigated GCC countries, and decreasing oil consumption reduces CO 2 emissions in Kuwait, Oman, Saudi Arabia, and the United Arab Emirates (UAE). The effect of oil consumption is found asymmetrical in Qatar and symmetrical in the rest of GCC countries. Increasing natural gas consumption (NGC) carries a positive effect in all investigated GCC countries, and decreasing NGC reduces emissions in Oman, Qatar, and the UAE. Moreover, NGC's effects are asymmetrically in all GCC countries except Qatar. In the panel estimates, both increasing and decreasing oil and NGC have positive effects on CO 2 emissions. The long-run effect of oil consumption on CO 2 emissions is larger than the effect of NGC in most GCC economies and panel results. In the short run, increasing and decreasing oil consumption and NGC have a positive effect on emissions in all investigated economies except Saudi Arabia. In the long run, coefficients of decreasing oil consumption are found significantly greater than coefficients of increasing NGC in Kuwait, Oman, Saudi Arabia, the UAE, and the whole GCC. This finding corroborates that increasing CO 2 emissions with increasing NGC is lower than decreasing CO 2 emissions with decreasing oil consumption. Hence, we recommend these countries switch from oil consumption to NGC to reduce overall CO 2 emissions., (© 2022. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.)

Published
2022
Full Text
View/download PDF

19. Probing the Energy-Environmental Kuznets Curve Hypothesis in Oil and Natural Gas Consumption Models Considering Urbanization and Financial Development in Middle East Countries.

Author

Mahmood, Haider, Maalel, Nabil, and Hassan, Muhammad Shahid

Subjects
*NATURAL gas consumption, *CONSUMPTION (Economics), *KUZNETS curve, *ELECTRIC power consumption, *PETROLEUM
Abstract

Economic growth, urbanization, and financial market development (FMD) may increase energy demand in any economy. Non-renewable sources of energy consumption, i.e., oil consumption and natural gas consumption (NGC), could have environmental consequences. We examine the effects of economic growth, urbanization, and FMD on the oil consumption and NGC in Middle East countries using the period 1975–2019. In the panel results, we found a positive effect of income and a negative effect of income-squared on oil and natural gas consumption. Hence, we corroborate the existence of the environmental Kuznets curve (EKC) hypothesis in oil and natural gas consumption models of the Middle East region. Urbanization has a positive effect on oil and natural gas consumption. FMD has a positive effect on oil consumption and has a negative effect on NGC. From the long-run, country-specific results, we validate the existence of the EKC hypothesis in the oil consumption models of Iran and Iraq. The EKC is also found in the natural gas consumption models of Iran, Kuwait, and the UAE. From the short-run results, the EKC hypothesis is validated in the oil consumption models of Iran, Iraq, and Israel. The EKC is also corroborated in the NGC models of Iran, Kuwait, and the UAE. In the long run, urbanization has a positive effect on oil consumption in Iraq, Kuwait, Saudi Arabia, and Qatar. Further, urbanization has a positive effect on the NGC in Iraq, Israel, and Saudi Arabia. Conversely, urbanization has a negative effect on oil consumption in Israel. In the short run, urbanization has a positive effect on oil consumption in Iraq, Israel, Kuwait, and Qatar. Moreover, urbanization has a positive effect on the NGC in Iraq. On the other hand, urbanization has a negative effect on oil consumption in Saudi Arabia and Iran. In the long run, FMD has a positive effect on oil consumption in Saudi Arabia and Israel. In the short run, FMD has a positive effect on oil consumption in Israel, Kuwait, and Saudi Arabia. In contrast, FMD has a negative effect on oil consumption in the UAE. Moreover, a positive effect of FMD on NGC is found in the UAE. However, FMD has a negative effect on the NGC in Israel. [ABSTRACT FROM AUTHOR]

Published
2021
Full Text
View/download PDF

20. BMI Research: Kuwait Oil & Gas Report: Macroeconomic Outlook.

Subjects
ECONOMIC forecasting, KUWAITI economy, 1991-, GROSS domestic product, PETROLEUM product sales & prices, PETROLEUM export & import trade, OIL consumption, ENERGY industries
Abstract

The article presents a macroeconomic outlook for Kuwait. The nation is expected to have a strong growth amidst abundant liquidity, government expenditures and net exports. It is believed that real gross domestic product (GDP) will increase by 5.5 percent, oil prices will fall and oil production will increase to 2.71 million barrel per day. Growth in the energy industry is evident, thereby increasing the nation's output in real terms and the net exports component of GDP.

Published
2008

21. Oil and gas.

Subjects
PETROLEUM industry, PETROLEUM product sales & prices, ENERGY industries, OIL consumption
Abstract

The article focuses on the performance of the petroleum industry of Kuwait. Despite reports of high commercial stocks, oil prices have remained at high levels. The benchmark Brent Blend has reached nearly 67 dollars per barrel at the end of January 2005. International tensions over Iran's nuclear program and supply of oil from Nigeria had significant impact on oil prices.

Published
2006

22. Political Consequences of Restructuring Economic Regimes: The Kuwait Petroleum Corporation.

Author

Tétreault, Mary Ann

Subjects
*INVESTMENT policy, *INTERNATIONAL relations, *PETROLEUM industry, *INTERNATIONAL economic relations, *NATURAL gas, *OIL consumption, *INVESTMENTS
Abstract

This article traces the growing autonomy of Kuwaiti oil investment strategy and its effect on international politics following the August 1990 Iraqi invasion of Kuwait. The article argues that the success of the Kuwaiti appeal to its coalition partners to come to its assistance depended on the unique access that Kuwait had to decisionmakers in key host countries, and on the substantial overlap between Kuwaiti national interests and the interests of coalition states. In the decades before the invasion, Kuwaiti economic and financial interests became embedded in the economies of powerful Western host countries. More so than many other examples of international interdependence, these investments had a clear and striking impact on the high politics of war and state survival. After 30 years of cultivating economic partners, whether through foreign aid to the poorer Arab states and investment programmes in neighbouring countries as well as the developed West, Kuwait was able to call on many of those partners to provide military forces to roll back the Iraqi occupation. [ABSTRACT FROM AUTHOR]

Published
1997

23. The Gulf Comes Down to Earth.

Author

Diwan, Kristin Smith and Mohamedi, Fareed

Subjects
PETROLEUM industry, OIL consumption, FINANCIAL crises, PETROLEUM, ECONOMICS, MANAGEMENT
Abstract

The article focuses on the economic performance of the Gulf Cooperation Council (GCC) members in the global oil market. It highlights the reorganization move of the Gulf states which include the United Arab Emirates, Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia to its political systems, economies, and relationship between private and state capital. It explores the new oil paradigm undertaken by these states to manage the economic crisis. Furthermore, it discusses the possible role of the Organizations of Petroleum Exporting Countries (OPEC) in controlling world oil prices.

Published
2009

24. THE NEWS ON OIL PRICES REMAINS GOOD.

Subjects
PETROLEUM industry, ENERGY industries, OIL consumption
Abstract

The article offers information on the oil industry. It is emphasized that the Organization of Petroleum Exporting Countries' (OPEC's) $18-a-barrel benchmark in early April of 1990 will continue for at least three more months. Only three OPEC members, Saudi Arabia, United Arab Emirates, and Kuwait, tried to stick to their production quotas. The increasing consumption of oil in Asia is underlined as a good news for OPEC.

Published
1990

25. BMI Research: Kuwait Oil & Gas Report: Executive Summary.

Subjects
FORECASTING, PETROLEUM industry, SUPPLY & demand, GAS prices, OIL consumption
Abstract

The article presents projections for the oil and gas industry in Kuwait through 2019. According to Business Monitor International Ltd. (BMI), the country is expected to contribute 2.68% of Middle East (ME) regional oil demand by 2014, while providing 10.665% of supply. BMI believes that premium unleaded gasoline prices will average 97.00 dollars in 2010. Moreover, BMI predicts increases in oil consumption and production.

Published
2010

26. BMI Research: Kuwait Oil & Gas Report: Executive Summary.

Subjects
PETROLEUM industry, BUSINESS forecasting, OIL consumption, PETROLEUM prospecting
Abstract

The article offers information on the oil and petroleum industry of Kuwait. Business Monitor International Ltd. (BMI) forecasts that the country will account for 2.71 percent of Middle East (ME) regional oil demand by 2013. It is stated that Kuwait consumed 3.27 percent of ME region's gas in 2008. State oil company Kuwait Petroleum Corp. (KPC) is responsible for all domestic oil and gas operations.

Published
2009

27. BMI Research: Kuwait Oil & Gas Report: Executive Summary.

Subjects
PETROLEUM industry & economics, ECONOMIC forecasting, SUPPLY & demand, GAS industry, OIL consumption, ECONOMICS
Abstract

The article offers information on the oil and gas industry in Kuwait from the Business Monitor International (BMI) with forecasts of the demand and supply. It shows that oil and natural gas supply generated by the country is greater than the consumption which is only 2.45%. Natural gas production is estimated to hit 941 billion cubic meters by 2012. Crude oil production by state-owned Kuwait Petroleum Corp. (KPC) will reach about 3 million barrels per day in 2012.

Published
2008

28. BMI Research: Kuwait Oil & Gas Report: Business Environment Score.

Subjects
KUWAITI economy, PETROLEUM industry, POLITICAL risk (Foreign investments), OIL consumption, CONSUMPTION (Economics)
Abstract

The article reports that Kuwait has ranked fifth in the Business Monitor International Business Environment Ranking matrix alongside with Israel. The scores of Kuwait in each component part which include long-term economic ratings, political risk ratings, oil and gas output growth, consumption growth, licensing and regulation ratings and competitive environment are presented.

Published
2008

29. KPC: Global demand softens effect of Japan crisis on Kuwait.

Author

Watkins, Eric

Subjects
PETROLEUM industry, FUKUSHIMA Nuclear Accident, Fukushima, Japan, 2011, OIL consumption, LIQUEFIED natural gas, INTERNATIONAL trade
Abstract

The article claims that the current levels of global oil demand would buffer the impact of Japan's nuclear crisis on Kuwait, according to Kuwait Petroleum Corp. (KPC) Managing Director Abdelatif Al-Houti. Al-Houti notes the price balance created by the nuclear crisis in Japan due to its reduced oil consumption. The rising energy demand in Kuwait is attributed to the nation's growing demand for electricity. KPC is also studying the possibility of long-term imports of liquefied natural gas.

Published
2011

30. Oil and gas in the capitals.

Author

ALHAJJI, A. F.

Subjects
OIL consumption, ENERGY consumption, PETROLEUM industry
Abstract

The article focuses on the issue of rise in the oil consumption globally. The top 10 countries globally that experienced the highest percentage increase in oil consumption in the last 20 years include Kuwait, Qatar and Saudi Arabia. The large increase in energy consumption has resulted in reductions of oil exports and will continue in future.

Published
2010

Catalog

Books, media, physical & digital resources
See catalog results