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Tunisia’s Upstream: On Its Last Legs?
...cord 98,900 b/d for 2022. With chronic instability since Tunisia’s 2011 revolution having led to an investment collapse the country has gone from domestic oil output almost meeting demand in 2010 to a record shortfall for 2022 when domestic output equated to just 36% of demand (see chart 1). It...
Volume: 66Issue: 08Published at Fri, 24 Feb 2023 -
Israel-Egypt Energy Ties Deepen As 2022 Sees Record Gas Flows
...tacks in the Sinai, though growing gas shortages in Egypt were the underlying reason, as well as changing political currents in Egypt following the 2011 ouster of President Mubarak (MEES, 30 April 2012). Sameh Fahmy, the minister who inked the deal with Israel, was thrown in jail post-Revolution, al...
Volume: 66Issue: 08Published at Fri, 24 Feb 2023 -
Egypt Gas Output Slumps For Q4, Consumption Down More For 12-Year High LNG Exports
...s the lowest December figure since 2015. Add in the record Q4 imports of 709mn cfd from Israel and Egypt was able to export a bumper 1.62bn cfd of gas for Q4, the highest figure in Jodi data stretching back to the start of 2011. Of this, 1.56bn cfd was exported as LNG and 53mn cfd to Jordan. Fi...
Volume: 66Issue: 08Published at Fri, 24 Feb 2023 -
Saudi Efforts To Cut Oil Burn Take Backwards Step In 2022
...e year, crude burn rose sharply in November and December. Crude burn increased by 48,000 b/d month-on-month to a December record of 477,000 b/d, smashing the previous record of 424,000 b/d from 2011 in the process. Meanwhile fuel oil burn dropped by 36,000 b/d for December. Again, this shift to...
Volume: 66Issue: 08Published at Fri, 24 Feb 2023 -
Oman Export Revenues Leap 47% To Record $66bn For 2022
...ne 2022. But this proved a temporary blip, with volumes rebounding to 819,000 b/d for September. India took the second highest amount of Omani oil, averaging 85,000 b/d in 2022 – the highest since the record 88,000 b/d set in 2011. However, exports to India fluctuated throughout the year, with In...
Volume: 66Issue: 08Published at Fri, 24 Feb 2023