1. Saudi-Kuwait Neutral Zone Start-Up Approaches

    ...wait, and peaked at more than 500,000 b/d. However, output had slid below 500,000 b/d even before the first shut-ins in 2014 (MEES, 25 October 2019). In the last full year of output, 2013, the offshore section produced over 250,000 b/d, while the onshore portion added another  210,000 b/d, for a co...

    Volume: 63
    Issue: 06
    Published at Fri, 07 Feb 2020
  2. 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: 63
    Issue: 06
    Published at Fri, 07 Feb 2020
  3. Egypt Petchems Sector Boosted By Gas Revival, Eyes Expansion

    ...ES, 8 May 2015). Data from state firm Echem – partner in most Egyptian petchems projects – show its output rebounding from 1.47mn tons for the 2014-15 financial year to 3.8mn tons for 2016-17. PETCHEMS STRATEGY             President Abdel Fattah al-Sisi met with oil minister Tareq El Molla and ot...

    Volume: 63
    Issue: 06
    Published at Fri, 07 Feb 2020
  4. Algeria’s Sonatrach: New CEO, Same Old Challenges

    ...UINOR, MEES CALCULATIONS.   2: ALGERIA'S OIL & GAS REVENUES HAVE SLUMPED  SINCE THE 2014 CRASH IN OIL PRICES BUT STILL MAKE UP NEAR-40% OF OVERALL BUDGET REVENUES SOURCE: IMF, ALGERIA FINANCE MINISTRY, MEES.   3: ALGERIA'S GAS EXPORTS (BCM) ARE LOWEST SINCE 1995, WHILE OUTPUT HAS SL...

    Volume: 63
    Issue: 06
    Published at Fri, 07 Feb 2020