1. Iraq: Gas Aims Progressing, But Miles Still To Go

    ...fining in a ministry shakeup (see p18). That Baghdad had previously targeted 2015 (MEES, 28 February 2014) for eliminating flaring is emblematic of the scale of the problem. A quick glance at the numbers shows the extent of the challenge. 1: IRAQ GAS OUTPUT EXCEEDS 3BN CFD IN SECOND HALF OF 2018, BU...

    Volume: 62
    Issue: 08
    Published at Fri, 22 Feb 2019
  2. Saudi Reaps Rewards Of Downstream Investment

    ...erall trade surplus over the first 11 months of last year was $149.4bn, already $62bn more than over the whole of 2017. The full-year 2018 trade surplus will likely fall just shy of 2014’s $168.6bn. LOOKING AHEAD        Saudi Arabia has cut production more deeply than mandated under the terms of...

    Volume: 62
    Issue: 08
    Published at Fri, 22 Feb 2019
  3. Saudi Renewables Plan: More Answers, More Questions

    ...e new loan takes SEC’s total lending to $47bn since July 2007. It is also SEC’s largest loan from the finance market, although the company’s biggest loan to date was a $13.2bn ‘soft loan’ from the Ministry of Finance in March 2014. SEC’s previous agreement was a $2.15bn revolving credit facility ai...

    Volume: 62
    Issue: 08
    Published at Fri, 22 Feb 2019