Iran oil storage

Iran’s Onshore Oil Storage Tops 70 Percent as Blockade Halts Exports

Iran has started reducing oil output as onshore storage tanks approach capacity following a month-long US naval blockade that has nearly halted exports, according to data from Kpler and Bloomberg. More than 70 percent of the country’s onshore tanks are now filled. An Iran Open Data analysis of Kpler shipping data, Bloomberg reporting, and OPEC […]

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Independent analysis of energy & macroeconomics across the Caspian region. By https://t.co/VCEbpxNbTZ

Caspian Energy Intelligence @khazarenergy ·

27 May

Rising global oil prices are supercharging Azerbaijan’s exports: last month’s trade surplus hit $2.7bn. In Jan–Apr, the country exported $4.6bn oil and $2.53bn gas. Energy made up 60% of exports, gold another 30% ($3.6bn) with agriculture accounting for most of the remaining 10%

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Caspian Energy Intelligence @khazarenergy ·

27 May

92% of Japan’s oil imports come from the Arab Gulf states, primarily SA and the UAE (83%). Since Hormuz closure, its oil inventories declined by nearly 70 million barrels. Meanwhile, 11% of its LNG imports are supplied by Qatar, UAE and Oman, that have been severely disrupted.

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Caspian Energy Intelligence @khazarenergy ·

25 May

📉 Çinin Körfəz Əməkdaşlıq Şurası ölkələrinə ixracı demək olar ki, yarıya enib
📉 Çinin xam neft idxalı son 2 ayda təxminən %20 azalıb
📉 Çində İran neftinin boşaldılması: martla müqayisədə %38 geriləyib

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Caspian Energy Intelligence @khazarenergy ·

25 May

China’s Gulf trade is taking a hit from Hormuz disruptions
📉 Exports to GCC countries nearly halved
📉 China’s crude imports down ~20%
📉 Iranian oil discharges in China: -38% vs March
With China-Gulf trade worth ~$340bn/yr, the cost goes far beyond oil.
https://khazarenergy.org/major-disruptions-hit-chinas-trade-with-gulf-arab-states/

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