OAPEC: Arab LNG exports are rising from the Sultanate of Oman and the UAE... and Algeria is declining - Energy

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An official report on Arab liquefied gas exports showed a recovery in exports from the UAE and the Sultanate of Oman in the first quarter of this year (January-March 2022), compared to the same period last year.

This comes in contrast to the decline in liquefied gas exports from Algeria and Qatar, while Egypt maintained the level it recorded in the first quarter of 2021, according to a report issued by the Organization of Arab Petroleum Exporting Countries (OAPEC), today, Thursday, May 26, entitled “Gas Developments.” Natural liquefied and hydrogen during the first quarter of 2022”, and prepared by the expert, Engineer Wael Hamed Abdel Moati.

Arab liquefied gas exports declined by 4.5% on an annual basis during the first quarter of 2022, reaching about 27.7 million tons, compared to 29 million tons in the same quarter of 2021, but it remains within the usual range of Arab exports, which retained a global market share. It amounted to about 27.9%.

UAE liquefied gas exports

The report, which was reviewed by the Specialized Energy Platform, indicated that liquefied gas exports from the UAE jumped by 7.1% on an annual basis, reaching about 1.5 million tons during the first quarter of 2022, compared to 1.4 million tons in the same quarter of 2021.

This leap was supported by the operation of the LNG plant on Das Island at almost full design capacity, which amounts to about 5.8 million tons per year.

All shipments from the ADGAS plant of the Abu Dhabi Gas Liquefaction Company Limited (within the ADNOC Group) headed to the Asian markets, led by India and Japan, which together accounted for 70% of the total shipments.

The “Ajaz Terminal” also exported, during the months of February and March, two shipments of liquefied natural gas to the “Al-Zour Port” in the State of Kuwait, whose trial operation began in mid-2021.

Oil and gas prices
A gas project in the Sultanate of Oman – Photo from BP Oman’s website

LNG exports from Oman

The Sultanate of Oman succeeded in leading Arab liquefied gas exports during the first quarter of 2022, recording about 2.9 million tons, compared to about 2.6 million tons during the same quarter of 2021, with a high growth rate on an annual basis of 11.5%.

This percentage is the highest in the Arab countries, as the gas liquefaction units of the Oman Liquefied Natural Gas Company operate in “Qalhat” at their full production capacity, which is estimated at 10.4 million tons annually.

The Sultanate of Oman is working on the continued high rates of liquefied gas exports, through short and long-term growth plans, and within the framework of the country’s interest in exporting clean fuels.

Egyptian liquefied gas exports

OAPEC data on Arab liquefied gas exports – which were monitored by the organization’s gas expert, Engineer Wael Hamed Abdel Moati – showed that Egyptian liquefied natural gas exports during the first quarter of 2022 amounted to about 1.9 million tons.

Thus, Egypt maintained the levels of exports achieved during the same period of the previous year, thanks to the high levels of domestic production, after the development of gas fields in the eastern Mediterranean region, and the restarting of the liquefaction plant in Damietta early last year 2021, which is now playing an important role in the export of several shipments of liquefied natural gas to European markets.

It is expected that, if exports continue in this way, Egypt will achieve in 2022 a new record in the volume of liquefied natural gas exports, which may reach 7-8 million tons.

The majority of the 13 shipments exported from Damietta station went to European markets, led by Turkey and Spain.

While the shipments exported from “Idku” station were distributed to several Asian markets, led by China, South Korea, and European ones, led by Turkey and Spain.

Algerian gas
A worker at a gas field site – archive

Algerian liquefied gas exports

The OAPEC report, which was reviewed by the Specialized Energy Platform, indicated that Algeria’s exports of liquefied gas decreased by 25% year on year in the first quarter of 2022.

The state’s exports of liquefied gas during the first quarter of 2022 amounted to about 2.4 million tons, compared to 3.2 million tons during the same quarter of 2021, but it remains within the usual range of Algeria’s quarterly exports, which range between 2.5-3 million tons.

All shipments from Algeria headed to European markets at a time when Europe is seeking to diversify its sources of supplies, and Algeria is on the list of countries with high reliability in providing gas supplies to its customers, according to OAPEC gas expert, Engineer Wael Hamed Abdel-Moati.

Qatar’s LNG exports

Qatar’s exports of liquefied gas declined by 4.5% year on year in the first quarter of this year, according to an OAPEC report seen by the Specialized Energy Platform.

Total exports during the first quarter of 2022 amounted to about 19 million tons, compared to about 19.9 million tons during the same quarter of 2021. This slight decline is due to the implementation of scheduled maintenance work in some liquefaction units in Qatargas, which notified its customers in advance, According to a statement issued by the company in mid-February 2022.

The gas and hydrogen expert at OAPEC, Engineer Wael Hamed Abdel Moati, expected that exports from Qatar would resume growth in the coming months.

Arab LNG Exports

Receiving markets for Arab LNG exports

During the first quarter of 2022, China topped the list of Asian markets with a share of 17% of the total exports of Arab countries, followed by South Korea with a share of 15%, India 13%, and Japan 8%.

Asian markets collectively accounted for about 72% of the total exports of Arab countries, while European markets, together, acquired a share of 26%, and Turkey was the main destination with a share of 6% of the total exports of Arab countries.

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