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Subsidies Should Go As Oil Price Falls: IEA Chief Tells Arab Ministers
...ailable for exports, which fell to 6.66mn b/d earlier this year - their lowest since March 2011. Iraq too is burning record amounts of crude oil that it cannot export, while also flaring more than 2bn cfd of natural gas. LIBYA, SAUDI HAVE CHEAPEST GASOLINE The Organization of Arab Petroleum Ex...
Volume: 58Issue: 01Published at Fri, 02 Jan 2015 -
South Sudan Turns To China As Warring Parties Prepare To Renew Hostilities
...out 160,000 b/d, down from 200,000 b/d pre-conflict. This appears to represent the first new deal with a foreign oil firm since independence in 2011, though in 2012 Juba signed a bilateral agreement with Oslo to receive support to develop its largely underdeveloped petroleum industry. The su...
Volume: 58Issue: 01Published at Fri, 02 Jan 2015 -
Saudi Arabia Budgets For $39Bn 2015 Deficit Despite Spending Cut
...d yearly since the 2011 Arab Spring uprisings. Commenting on the new budget, Saudi Minister of Economy and Planning, Muhammad al-Jasir said that the government is maintaining expenditure on large infrastructure projects currently under implementation, like railways, desalination and power pl...
Volume: 58Issue: 01Published at Fri, 02 Jan 2015 -
Domestic Prices of Oil Products In MENA Countries
...31 0.22 0.10 na Algeria (Dinar) 2011 9.00 na 23.00 21.20 na 22...
Volume: 58Issue: 01Published at Fri, 02 Jan 2015