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BP/Equinor Algeria Gas Output Rebounds In 2021
...is was still almost 300mn cfd lower than 2017’s record 815mn cfd. In Salah’s output rose 19% to 571mn cfd in 2020 – the second lowest on record after 2020’s 481mn cfd. Partners BP, Equinor and Sonatrach have struggled to halt production declines over the years, despite the completion of field tie-in...
Volume: 65Issue: 06Published at Fri, 11 Feb 2022 -
Bahrain Studies ‘Mega’ Fertilizers
...uity in GPIC: Bahrain’s Nogaholding investment vehicle; Saudi Arabia’s Sabic Agri-Nutrients; and Kuwait’s state petchems firm PIC. The planned gas study suggests GPIC is considering developing a new fertilizers complex to utilize gas from a huge tight oil and deep gas discovery made at the end of 2017...
Volume: 63Issue: 06Published at Fri, 07 Feb 2020 -
QP Triple Boost
...ES, 30 January 2015). But the state firm stepped up activities in 2017 and the number of deals reached a crescendo last year (MEES, 21 December 2018). Qatar is now reaping the benefits, reaching FID on the key US Golden Pass LNG export terminal this week (see p6) and notching up its first ever ov...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Iran Claims Gasoline Record
...rt of Bandar Abbas which would add 77,000 b/d. The previous Gulf Star phases were brought online in April 2017 and February 2018 (MEES, 26 October 2018). These gains may be sufficient to enable the halting of gasoline imports, which averaged 55,000 b/d over the first half of 2018. ...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Iraqi Kurdistan Government Formation Edges Closer
...chirvan Barzani himself has become president, having effectively held the position since November 2017 when his uncle (and Masrour’s father) Massoud Barzani stepped down in the wake of the September 2017 independence referendum (MEES, 22 September 20`7). The KDP’s opponents frequently accuse the party of ne...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Lebanon To Cut Electricity Subsidy
...ansfers’ to the state electricity company Electricité du Liban. The government forked out over $740mn in 1H 2018 alone on such payments, and $1.33bn in 2017. Subsidy cuts would also rationalize consumption, which given heavy subsidies (but also theft from the power grid), puts further strain on the el...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Tunisia’s Nawara Gas Project Delayed Again
...ergy firm ETAP was set to start up in June but Mr Seele on 6 February flagged up “start up… towards the end of 2019,” whilst the accompanying presentation indicated no significant output boost before 2020. The project previously targeted 2017 start-up (MEES, 9 May 2017). Bad news for Tunisia: the co...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019