You are hereHome
Saudi Arabian exports of natural gas liquids rise 79%
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Thu October 20, 2011 11:48 am

SAUDI ARABIA. Saudi Arabia’s exports of natural gas liquids including propane and butane advanced 79% in August from a year earlier, the Saudi Port Authority said.

The world’s largest crude exporter shipped 197,824 metric tons of the fuel in August, up from 110,763 tons the previous year, according to data posted on the port authority’s website.

Saudi exports of natural gas liquids, or NGLs, in the first eight months of the year fell by 5% to 1.22 million tons from 1.28 million tons a year earlier.

The figures don’t include shipments from ports operated by Saudi Arabian Oil Co. or Saudi Aramco. It doesn’t publish data on NGL exports.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 28, 2015
UAE. The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking technically vulnerable to further declines.
date:Posted: May 28, 2015
UAE. Low production costs for Middle East companies gives regional players significant competitive advantage in the low price segment of an oil "super cycle", according to the latest paper from global strategy and management consulting firm A.T. Kearney.
date:Posted: May 27, 2015
UAE. The private equity market in the Middle East has matured in the last five years in terms of deal structures, volumes and values, according to speakers at a debate organised by ICAEW's Corporate Finance Faculty in the UAE.
UAE. Low production costs for Middle East companies gives regional players significant competitive advantage in the low price segment of an oil "super cycle", according to the latest paper from global strategy and management consulting firm A.T. Kearney.
dhgate