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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