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Will Trump’s Mediation Finally Resolve The Egypt-Ethiopia Dam Dispute?
...naissance Dam (GERD) (MEES, 12 September 2025), US President Donald Trump has waded back into the 15-year dispute over Nile water security, offering to mediate between Ethiopia and the downstream states of Egypt and Sudan. Ethiopia broke ground on the $5bn megaproject in 2011, while Egypt was busy qu...
Volume: 69Issue: 05Published at Fri, 30 Jan 2026 -
Trump Intervention Throws Iraqi Politics Into Disarray
...d then supported his crackdown on Shia militias during his first term in office. But after the US military withdrawal in 2011 he drew closer to Iran, while the rise of the Islamic State during his second term further tarnished his reputation in Washington. While Iraq’s Sunnis publicly opposed a Ma...
Volume: 69Issue: 05Published at Fri, 30 Jan 2026 -
Syria Boosts Domestic Gas Supplies
...mand, and Syria has also signed agreements to import pipeline gas from neighboring states (see p12). SPC has also now started trucking crude oil from the Jebissa and Deir Ezzor’s Omar and Tanak fields to the Homs and Banias refineries. Prior to the start of Syria’s civil war in 2011, the fields were pa...
Volume: 69Issue: 05Published at Fri, 30 Jan 2026 -
Morocco Looks To Renewables In Western Sahara Recognition Powerplay
...rst wind project which started up in 2011. It has since been joined by Saudi Arabia’s Acwa Power – Riyadh is a longstanding ally of Rabat and has long accepted Morocco’s control over Western Sahara – and Italy’s Enel. Meanwhile French national champion Engie (formerly Gaz de France) partners Mo...
Volume: 68Issue: 05Published at Fri, 31 Jan 2025 -
Thailand Crude Imports Slump, Mideast Share Down
...*Thailand’s crude imports slumped to 938,000 b/d in 2019, down 16% (183,000 b/d) from 2018’s record 1.12mn b/d and the lowest since 2011 (see table & chart). *The country’s oil output and demand are steady at around 500,000 b/d (half crude, half NGLs) and 1.5mn b/d respectively. The sl...
Volume: 63Issue: 05Published at Fri, 31 Jan 2020 -
Saudi Net Foreign Assets Stabilize At $500bn In 2019 But Government Reserves Fall To New Multi-Year Low Of $125bn
...RESERVES FIGURES ARE END-YEAR, OIL PRICE ANNUAL AVERAGE. *GOVERNMENT RESERVES FIGURES PRE-2012 ARE NOT DIRECTLY COMPARABLE DUE TO CHANGES IN METHODOLOGY. HOWEVER UNDER THE OLD METHODOLOGY 2011 WAS LEVEL WITH 2012. SOURCE: SAMA, MEES. ...
Volume: 63Issue: 05Published at Fri, 31 Jan 2020 -
Saudi PIF Eyes Premier League
...wcastle United for around £350mn ($454mn). Riyadh would be following in the footsteps of Qatar’s state Sports Investment which bought French football club Paris Saint-Germain in 2011 and the UAE’s Sheikh Mansour bin Zayed Al Nahyan who acquired Manchester City in 2008. PIF wouldn’t even be the first Sa...
Volume: 63Issue: 05Published at Fri, 31 Jan 2020 -
Accusations Fly Over South Sudan Oil Field Attack
...timates pegging production at between 160,000 and 170,000 b/d. This is just under 70% of the 245,000 b/d being pumped pre-conflict, and less than half of what it was producing in late 2011, just months after gaining independence from Sudan. NO DIRECT HIT But despite the attack, the country’s cu...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Egypt Nears 250MW Gulf Of Suez Wind Farm Tender
...vernment has also held talks with the World Bank over finance for the project. Egypt’s wind power program has been derailed by recent political turmoil following the Arab Spring and subsequent overthrow of the regime of Husni Mubarak in early 2011. So far NREA has developed a 5MW wind farm at Hurghada an...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Shell LNG To Jordan Expected In July
...ports around 96% of its energy needs, continues to face a gas crunch, following the disruption, and eventual suspension, of gas supplies from Egypt after the January 2011 revolution. Jordan had a contractual agreement with Egypt to import around 250mn cfd of gas via the Arab Gas Pipeline (AGP). Repeated at...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
New Saudi King Makes His Mark With Wide Cabinet Reshuffle
...st since 2011. Although there is no serious internal threat to the kingdom’s relative stability, despite known sympathy by Saudi youth for the Jihadists — thousands of Saudi youths have joined the Islamic State (IS) in Syria, despite being designated a terrorist organization by Riyadh — the ap...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Syria’s Economic Woes Only Set To Intensify
...oduction in the government-controlled areas in 2014 slumped to 9,329 b/d, the Syrian Minister of Petroleum and Mineral Resources Sulaiman al-‘Abbas announced this week. This output is a mere 2.4% of average production of 385,000 b/d before the start of the uprising in March 2011 (MEES, 8 August 2011). In th...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Lebanon Plans $1Bn Eurobond
...banon’s finances are over-stretched as it struggles to cope with the influx of some 1.5mn Syrian refugees who fled their war-torn country since early 2011. International aid to help these refugees has been minimal, and the cost of hosting them is mounting. The political impasse and spillovers from the Sy...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Exxon Shrugs Off West Qurna-1 Cut
...Cs’ unattractive terms, which do not allow IOCs to book reserves, led ExxonMobil to ignore Baghdad’s threats of expulsion and sign production-sharing contracts for six KRG exploration blocks in 2011. ExxonMobil has managed to retain its WQ-1 operatorship, having reduced its stake from 60% to 25%, wh...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Iraq, KRG Narrow Differences In Oil Row But Final Accord Elusive
...ditional $2bn to the KRG, rather less than the $9bn that Erbil says is owed by Baghdad for oil sales between 2011 and 2013, when the KRG halted exports of some 150,000 b/d because of the row over non-payment to foreign contractors. But he reiterated the Iraqi government’s position that no oil could be ex...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Chinese Import Slowdown Sets Alarm Bells Ringing For OPEC
...nce mid-2012 been required to dramatically reduce its imports of Iranian crude oil so as to stay in line with US sanctions placed on Iran’s key oil and banking sectors. Washington in late 2011 passed a law cutting off access to the US financial system for entities involved in oil trade with Iran and it...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Force Majeure A Reminder Of Risks For Energy Producers In Egypt
...wn the impact of the Arab Spring upheaval on business, even as the amount of outstanding receivables continued to grow. Gas Pipeline Bombed, Again But while oil and gas production sites have remained unaffected by the violence that has periodically engulfed Egypt’s main cities since 2011 (th...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Rafsanjani Criticizes IRGC’s Economic Power
...e Iranian rail network (MEES, 16 November). The previous Minister of Petroleum Rostam Qasemi, who served as managing director of Khatam al-Anbia before his appointment in August 2011, called for expansion of the role of the IRGC-affiliated engineering firm in the economy, by becoming a “re...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
UN Sees Polarized Performance In Arab Region
...anwhile Syria’s oil production (from government-controlled fields) has sunk to a new low of 13,000 b/d, or about 3.5% of 385,000 b/d at the beginning of the crisis in 2011, Syria’s Deputy Minister of Petroleum Hasan Zainab told the local daily Tishreen on 23 January. He estimates Syria’s oil-related ec...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Mauritania Bags $850Mn
...ending heavily on food and energy subsidies and higher public sector salaries in 2011-12. Qatar was the last of the four Gulf states to sign the aid accord with Morocco....
Volume: 57Issue: 05Published at Fri, 31 Jan 2014