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Libya Back To Square One With Two Prime Ministers
...the political division between 2014 and 2021 when two rival parallel administrations, one based in the east and another (internationally recognized) one based in the west, vied for control of the country. The failure by eastern-based General Khalifa Haftar to take Tripoli by forced during a 20...
Volume: 65Issue: 06Published at Fri, 11 Feb 2022 -
Iraq Crude Exports: Slow January Highlights Systemic Vulnerabilities
...aqi exports averaged 3.96mn b/d over 2019, up from 3.82mn b/d for 2018. Overall, more than 60% of Iraqi exports ended up in the major Asian markets. The proportion has increased considerably over the past five years, with barely 50% heading to Asia in 2014. Unsurprisingly, China as the world’s la...
Volume: 63Issue: 06Published at Fri, 07 Feb 2020 -
Kuwait Oil Sector Risks Being Left Behind
...wait racked up budget deficits of nearly $65bn between 2014-15 and 2017-18, the emirate’s financial buffers have proven sufficient to absorb it. Kuwait will swing into a surplus this year (to April 2019), potentially of around $8bn. However, a deficit is again on the cards for 2019-20 (MEES, 25 January). ...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Sudan, South Sudan Claim Oil Production Boon, But How Much?
...0,000 b/d to come from former Upper Nile state. Prior to the conflict, production from Blocks 3 and 7 in the Upper Nile region was close to 200,000 b/d. But by late 2014 this had dropped to 140,000 b/d, and it plunged to just 117,000 b/d in 2Q 2018. If rehabilitation work in Upper Nile can be successfully ca...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Algeria Reaches Critical Crossroads
...meframe remains vague, perhaps reflecting the government’s cautiousness. Protests for social issues have taken place in past years – although localized and relatively small in size – and the effect of last year’s anti-shale protests that started in December 2014 were largely unexpected. These events re...
Volume: 59Issue: 06Published at Fri, 12 Feb 2016 -
Iraq: Baghdad, Erbil, Struggle To Correct Economic Course
...pointed him as acting CBI governor just before leaving office in September 2014. Since then, he has worked closely with Mr Abadi, who has appointed several of his relatives to key positions. His brother, Mahdi al-Allaq, plays a vital role in executive administration, currently heading both Mr Abadi’s own of...
Volume: 59Issue: 06Published at Fri, 12 Feb 2016 -
Canada’s Pipeline Battle With US Has Implications For Saudis
...r Canadian producers, which have responded by cutting investment after a period of rapid growth. Canadian oil sands production grew fivefold between 1993 and 2014, as investment doubled to 30bn Canadian dollars between 2006 and 2013, allowing Canadian exports to the US – its sole export market to...
Volume: 58Issue: 06Published at Fri, 06 Feb 2015 -
Yemen: IOCs On Alert Following Explosive Start To 2014
...YEMEN Yemen: IOCs On Alert Following Explosive Start To 2014 The simmering violence that has engulfed Yemen since the resignation of its former president in early 2012 has escalated dramatically in recent weeks, impacting some IOC operations in the central Hadhramaut pr...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014