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Political Comment (3-10 January 2011)
...Middle East Economic Survey VOL. LIV No 1-2 3/10-Jan-2011 POLITICAL COMMENT Political Comment (3-10 January 2011) Belligerent anti-Turkish statements by Israeli Foreign Minister Avigdor Lieberman have done little for Israeli-Turkish relations or the cohesion of Israel's go...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Oil Earnings Fuel Bumper Saudi Budget
...port. The actual figures for 2011 show that the kingdom’s revenues hit SR1,110bn ($296bn), their highest ever levels, even edging over the SR1,100bn ($293.3bn) seen in the boom year of 2008. While oil prices fell short of the $147/B peak reached in July 2008, throughout 2011 they maintained an average of...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
CITIC Completes Purchase Of Nations Energy Kazakh Assets
...shore blocks in Uzbekistan, China’s Ministry of Commerce said on 29 December. The license was awarded to CNPC’s China National Oil & Gas Exploration and Development Corporation on 22 December. The company will invest some $200mn to drill 27 wells in an exploration area covering 3.4 sq km by 2011...
Volume: 50Issue: 01/02Published at Mon, 08 Jan 2007 -
Chinese Firm, Egyptian Companies Form Joint Venture For Rig Construction
...e partners are to each hold 25%. A construction schedule for the company calls for three rigs to be built in 2007, eight in 2008, 10 in 2009, 15 in 2010 and 20 in 2011. The rigs are to be used in Egypt and throughout the Middle East and Africa. Egyptian Minister of Petroleum Sameh Fahmy first di...
Volume: 50Issue: 01/02Published at Mon, 08 Jan 2007