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Can Iraq Use Gulf Football Tournament To Score GCC Investment Hike?
...urnament comes as the culmination of Washington-backed efforts to improve Iraq’s relations with its Arab neighbors, especially Saudi Arabia, something that is hoped to counterbalance Iran’s influence in the country. This process began in 2014 when former PM Nouri al-Maliki, an ally of Tehran, departed of...
Volume: 66Issue: 02Published at Fri, 13 Jan 2023 -
‘The Opportunities Are Massive’: The Risks & Rewards Of Operating In Libya
...talEnergies-operated Mabruk field has been offline since being badly damaged by Islamist militants in 2014 (MEES, 10 December 2021); North Gialo is a potential 100,000 b/d expansion project for the Waha consortium which groups Total, ConocoPhillips and Hess with NOC. Wazen’s Mr Mejerissi says “There could be...
Volume: 65Issue: 02Published at Fri, 14 Jan 2022 -
Yemen: 2020 Oil Exports Up, But Conflict Remains
...nflict. OIL EXPORTS RISE Given the dire situation, the slow but steady progress of the country’s oil sector remains an anomaly. Current production and exports remain at just a fraction of pre-2011 days when production averaged 300,000-400,000 b/d, and even short of the 127,000 b/d produced in 2014...
Volume: 64Issue: 02Published at Fri, 15 Jan 2021 -
IS Attacks Again As Baida-Aligned Guards Block Tripoli Crude Shipment
...mpeting authorities. Tripoli-based state oil company National Oil Corporation (NOC) has attempted to ship its first cargo from the Ras Lanuf export terminal since force majeure was declared at the facility in December 2014. Following attacks against the Ras Lanuf and Es Sider terminals by Is...
Volume: 59Issue: 02Published at Fri, 15 Jan 2016 -
Egypt Taps Gulf, China To Fund Power Expansion Plans
...rly as August. They will add to 3.35GW of projects sanctioned recently: 1.95GW South Helwan; 650MW Suez; and 750MW from conversion of Damietta West and El-Shahab to combined cycle (MEES, 19 December 2014). State generator EEHC recently started up a 650MW gas/fuel oil plant at Ain Sukhna. While Eg...
Volume: 58Issue: 02Published at Fri, 09 Jan 2015 -
MEES Analysis: Bid Round Offers Century Old Acreage
...EGYPT MEES Analysis: Bid Round Offers Century Old Acreage On the last day of 2014 Ganoub El-Wadi Petroleum Holding Company (Ganope), launched a bid round for 10 blocks in the heavily-explored southern Gulf of Suez region and onshore on the east and west banks of the Nile. Ganope, th...
Volume: 58Issue: 02Published at Fri, 09 Jan 2015 -
Kuwait Budget Surplus Falls In First Half 2013-14
...e rise in expenditure. The IMF said last December that the fiscal and current account surpluses are expected to remain large in 2014 and that at a constant level of oil production real GDP growth will rise to around 3%. But the IMF cautions that it is important to restrain current expenditure gr...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Egypt In 2014: Referendum And Elections
...EGYPT Egypt In 2014: Referendum And Elections In 2014 Egypt is planning a referendum on a new constitution, as well as presidential and parliamentary elections, as part of a campaign to legitimize the overthrow of the Muslim Brotherhood government under former President Mu...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Iran Oil Ministry Refutes Export Plunge
...l, oil products and condensate. According to Mr Kateb, for the next Iranian year (21 March 2013-20 March 2014) the Oil Ministry has reportedly forecast exports of approximately 1.5mn b/d, significantly lower than 2011’s 2.2mn b/d. The International Energy Agency (IEA) in its latest monthly oi...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013