Richard is a co-founder of Energy Aspects and contributes analysis across our research services. His areas of focus include the Middle East, global energy policy and geopolitics. Prior to Energy Aspects, Richard spent more than six years experience working with central government functions in both the UK and New Zealand. He regularly provides comments on energy markets for a wide range of media outlets. Richard holds a BA in Politics and International Studies from the University of Warwick and is a member of the Royal Institute of International Affairs (Chatham House).
Countries in the Middle East and North Africa (MENA) imported 1.35 Mt of LNG in August, lower y/y by 0.34 Mt. Rising production in Egypt, and to a lesser extent Kuwait, continues to put structural downward pressure on total imports even during the peak of summer. A slight decline in MENA LNG expo..
According to our crude balances, Q4 18 is set to be the tightest quarter we have seen in over a decade and tighter than any quarter we are currently predicting for 2019. This is due to a combination of the steep decline in Iranian exports, a lack of any near term spare capacity and the resurgence..