Energy & Raw Materials Policy Advisor @kasonline / former Director @kas_palestine & +8 years Middle East 🇹🇳🇱🇧🇸🇾🇮🇶🇮🇷🇸🇦🇯🇴 / Abu Ava / tweets my own.
Berlin, Deutschland
Joined December 2013
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Simon Engelkes retweeted
Europa hat sich von russischem Pipelinegas gelöst. Doch ist es wirklich unabhängiger?
@englks zeigt, warum die Abhängigkeit von US-LNG neue geopolitische und wirtschaftliche Risiken schafft und Energiepolitik längst Sicherheitspolitik ist.
kas.de/de/web/die-politische…
Simon Engelkes retweeted
Die Straße von #Hormus zeigt, wie verwundbar die Weltwirtschaft geworden ist: #Handelsrouten, #Rohstoffe und Lieferketten werden zunehmend zu geopolitischen Machtinstrumenten. Welche Folgen hat das für Europa und die #Globalisierung? 🎧🌍open.spotify.com/episode/1kw…
Vor 75 Jahren waren es Kohle & Stahl. Heute sind Schlüsselrohstoffe wie Dysprosium & Lithium Voraussetzung für Europas Industrie - nur liegen sie nicht in europäischer Hand. 97% der Bedarfe schwerer Seltener Erden kommen aus 🇨🇳. @AussenMinDE heute @KASonline #AdenauerKonferenz
Simon Engelkes retweeted
Kohle und Stahl haben #Europa einst stark gemacht – getragen von der Idee, aus Konflikt Kooperation zu schaffen. Die Wirtschaft machte Europa groß und handlungsfähig. Dieser Grundsatz gilt damals wie heute.
- Rede von @AussenMinDE bei @KASonline 1/8
ALT Fotos (C): KAS / Jens Jeske
ALT Fotos (C): KAS / Jens Jeske
Simon Engelkes retweeted
This morning, I asked President Trump if he’s okay with the Iranians charging a toll for all ships that go through the Strait of Hormuz, he told me there may be a Joint US-Iran venture to charge tolls:
“We’re thinking of doing it as a joint venture. It’s a way of securing it — also securing it from lots of other people.”
“It’s a beautiful thing”
Simon Engelkes retweeted
Incredible post, one for the record books.
Iran is the head of the snake for global terrorism, and through President Trump’s Operation Epic Fury, we are winning this critical fight at an even faster pace than anticipated. In response to Iran’s terrorist attacks against global energy infrastructure, the Trump Administration will continue to deploy America’s economic and military might to maximize the flow of energy to the world, strengthen global supply, and seek to ensure market stability.
Today, the Department of the Treasury is issuing a narrowly tailored, short-term authorization permitting the sale of Iranian oil currently stranded at sea.
At present, sanctioned Iranian oil is being hoarded by China on the cheap. By temporarily unlocking this existing supply for the world, the United States will quickly bring approximately 140 million barrels of oil to global markets, expanding the amount of worldwide energy and helping to relieve the temporary pressures on supply caused by Iran. In essence, we will be using the Iranian barrels against Tehran to keep the price down as we continue Operation Epic Fury.
This temporary, short-term authorization is strictly limited to oil that is already in transit and does not allow new purchases or production. Further, Iran will have difficulty accessing any revenue generated and the United States will continue to maintain maximum pressure on Iran and its ability to access the international financial system.
So far, the Trump Administration has been working to bring around 440 million additional barrels of oil to the global market, undercutting Iran’s ability to leverage its disruptions in the Strait of Hormuz.
President Trump’s pro-energy agenda has driven U.S. oil and gas production to record levels, strengthening energy security and lowering fuel costs. Any short-term disruption now will ultimately translate into longer-term economic gains for Americans – because there is no prosperity without security.
Simon Engelkes retweeted
QatarEnergy CEO: We may have to declare force majeure on long-term contracts for up to five years for LNG supplies to Italy, Belgium, Korea, and China.
Simon Engelkes retweeted
WASHINGTON, March 19 (Reuters) - The U.S. may soon remove sanctions from Iranian oil that is stranded on tankers to help lift global supplies and reduce prices, U.S. Treasury Secretary Scott Bessent said on Thursday.
Simon Engelkes retweeted
BREAKING: Saudi Arabia said a drone hit the country’s SAMREF refinery in the port city of Yanbu on the Red Sea. apnews.com/live/iran-war-isr…
Simon Engelkes retweeted
Very, very bad news.
As I wrote in Material World, Ras Laffan is one of the most important industrial sites not just in the Gulf but in the world. LNG, helium, other products. Massive.
Whatever happens next, serious damage to this site could reverberate for months, maybe years.
QatarEnergy Statement on Missile Attacks on Ras Laffan Industrial City
QatarEnergy confirms that Ras Laffan Industrial City this evening has been the subject of missile attacks.
Emergency response teams were deployed immediately to contain the resulting fires, as extensive damage has been caused. All personnel have been accounted for and no casualties have been reported at this time.
QatarEnergy will continue to communicate the latest available information.
#Qatar
Simon Engelkes retweeted
This could be beginning of the next cycle of escalation in the Persian Gulf, going beyond closing Straight of Hormuz to attacks on oil and gas fields and energy infrastructure which could only worsen the impact of war on energy prices
🚨 BREAKING: Israel has struck Iran’s South Pars gas field, the world’s largest natural gas field and a core pillar of Iran’s energy supply.
The major escalation comes alongside reported impacts on other oil and petrochemical facilities in the Assaluyeh area of Bushehr province, according to multiple reports.
IRGC-linked Tasnim News issued an urgent warning urging people to immediately leave major oil and gas sites in Saudi Arabia, the UAE, and Qatar, saying they had become “direct and legitimate targets” that could be struck within hours. They listed:
➤ Samref Refinery — Saudi Arabia
➤ Al Hosn Gas Field — UAE
➤ Jubail Petrochemical Complex — Saudi Arabia
➤ Mesaieed Petrochemical Complex — Qatar
➤ Ras Laffan Refinery — Qatar
The report added: “Previously, clear and repeated warnings were given to your rulers about entering this dangerous path and gambling with the fate of their nations.”
Simon Engelkes retweeted
Everyone is talking about energy and oil. Here is matching oil type, supplier and buyer as illustrated. More featured on today's Chartbook Top Links in the comment below.
Simon Engelkes retweeted
Trump has given Israel roughly a week to show that it can bring home regime change in Iran. According to Kayhan London “Israeli micro-drones and UAVs began targeting IRGC, Basij, and Law Enforcement checkpoints in several cities including Tehran, Karaj, Isfahan, and Shiraz.
“Under conditions where keeping streets under control is a key element for preserving the survival of the entire regime, targeting the suppressors at checkpoints is in fact a strike against the last protective shields of the Islamic Republic.”
The death toll is likely to be high. This is Netanyahu’s best and probably last chance to fulfil a decades long plan to destroy the regime. He knows he is working against a clock and the oil price.
Simon Engelkes retweeted
Three G7 countries, including the US, have expressed support for the idea, according to people familiar with the talks. The move comes as global oil prices have soared in recent days. ft.trib.al/QnMCqrA
Simon Engelkes retweeted
To watch in the next 24 hours: Japan is on alert for a possible release of its strategic petroleum reserve, the world's 3rd largest (after China and US).
Tokyo may act alone, without US/IEA involvement.
The American SPR is very well known; so it's the Chinese -- but Japan has its own massive oil stockpile, split in 10 sites (ground tanks, underground tanks, floating tanks and rock caverns). In total, the governmet holds ~260m barrels (vs ~415m for the US).
Plus, Tokyo mandates private sector stockpiling, and it has joint agreements with Saudi Arabia, UAE and Kuwait to store additional crude in the country. Those deals bring another ~178m barrels.
According to official data, Japan holds in total about 440 million barels in stockpile, enough for 204 days of its imports (most from the Middle Easts).
Simon Engelkes retweeted
BREAKING: This is the 'most severe energy crisis since the 1970s', according to the Wall Street Journal.
Simon Engelkes retweeted
The Strait of Hormuz has been closed for 8 days. Everyone thinks this is about oil. This is about what oil becomes. 92% of the world's sulfur comes from refining oil and gas. Close the Strait of Hormuz and you don't just lose 20 million barrels of crude per day. You lose the feedstock for sulfuric acid, the single most produced chemical on Earth. Sulfuric acid is how we extract copper. It's how we extract cobalt. Without it, you can't make transformers, EV batteries, or the substrates inside every data center on the planet. One chemical, made from one feedstock, shipped through one chokepoint. The cascade goes further: Qatar ships 30% of Taiwan's liquefied natural gas through Hormuz. Taiwan has 11 days of reserves left. TSMC, the company that makes 90% of the world's advanced chips, draws 8.9% of Taiwan's total electricity. No gas, no power, no chips. Then food. 33% of the world's nitrogen fertilizer feedstock moves through the Strait. Half of all humans alive today exist because of synthetic nitrogen. Sulfur, semiconductors, food. That makes three supply chains, one 21-nautical-mile chokepoint, and zero domestic alternatives at scale.
Simon Engelkes retweeted
👀 Qatar's defense ministry says Iran targeted a power plant and a facility at its main LNG production site
Another sign (after the Ras Tanura attack in Saudi earlier) that Iran now seems to be aiming at critical infrastructure and energy-export facilities in the Gulf
