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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: August 30, 2014
INTERNATIONAL. "I believe that in the wake of the Gaza war and the basis on which the ceasefire was established, a new momentum for peace negotiations might have been created."
date:Posted: August 30, 2014
QATAR. Price increases may suggest a potential overheating of the real estate sector. Closer analysis, however, indicates that the increase is still within the fundamentals of Qatar's fast growing economy and rapid population growth.
date:Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
QATAR. Price increases may suggest a potential overheating of the real estate sector. Closer analysis, however, indicates that the increase is still within the fundamentals of Qatar's fast growing economy and rapid population growth.
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