Kpler is dedicated to providing accurate and actionable data to help our clients navigate complex market dynamics. This article details significant updates to how exports are attributed in the Saudi-Kuwaiti Neutral Zone, enhancing the precision of our Supply & Demand product, releasing 22 May 2024.
Current Model
Until now, all exports from the Saudi-Kuwaiti Neutral Zone were attributed solely to Saudi Arabia. This model was based on available data and the operational insights at the time. However, in line with our commitment to data accuracy and reflecting real-world operations, we are revising this approach.
Planned Changes
Starting from 22 May 2024, we will implement a new attribution model for exports from the Saudi-Kuwaiti Neutral Zone:
50/50 Split Attribution: Exports from the zone will now be attributed equally between Saudi Arabia and Kuwait. This change means that each country will be accounted for 50% of the exports, more accurately reflecting the shared operational responsibilities and legal agreements pertaining to the zone.
Impact of Changes
These updates will affect how data is displayed and analyzed in our Supply & Demand models, ensuring that:
Data Accuracy: Enhanced alignment with geopolitical agreements and operational logistics between Saudi Arabia and Kuwait.
User Analysis: Clients can expect more precise data, aiding in more accurate forecasting and decision-making.