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Iran Taps SWF For $4.8Bn Oil Project Funds
...st one quarter of what it earned in the year starting March 2011, before international sanctions limiting its oil exports came into effect. Including its gifts of crude oil to Syria – estimated at between 50,000 b/d and 70,000 b/d (see p21) – Iran’s crude oil and condensate exports averaged 1....
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Options Narrow As Libya Peace Talks Collapse
...ters to prevent the delivery of weapons to Islamic radicals, and both Libya and Egypt requested that an arms embargo imposed on Libya in 2011 be lifted. Neither request was granted. ARAB INTERVENTION FORCE? Mr Sisi has also called for the creation of a joint Arab military force, and claims that Jo...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Qatar Looks To Adapt Amid Shifting Global LNG Landscape
...rst LNG importer in 2011, with Qatar providing most of the LNG volumes. Qatargas delivered 27 spot cargoes to the 5mn t/y Map Ta Phut LNG receiving terminal which is able to accommodate the giant Qatari Q-Flex vessels. With plans to double the facility’s capacity to 10mn t/y, it will be able to re...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Saudi Arabia 2014 Official Crude & Oil Products Output, Trade & Balance (‘000 B/D)
...Saudi Arabia 2014 Official Crude & Oil Products Output, Trade & Balance (‘000 B/D) 2014 14vs13 2013 2012 2011 2010 De...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
MENA Nuclear Program Expanding, But Some Preliminary Schedules Sliding
...rrors the 1992 agreement under which Bushehr-1 was completed in 2011. The difference is that Iran will provide fuel rods, rather than Rosatom as in the original deal. This could prove controversial as Tehran and international governments negotiate to end sanctions, which were imposed because of concerns th...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Warring South Sudan Factions In Last-Chance Saloon
...0,000 b/d it was producing on average over the second half of last year, but still some 30% below pre-conflict production, and around 51% less than what it was producing in the second half of 2011, immediately after independence from Sudan. And with the country’s oil fields central to the ongoing co...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Gulf Keystone ‘For Sale’ Amid Kurdish Cash-Flow Woes
...LLIONS IN DEBT PILING UP DNO’s Executive Director Bijan Mossavar-Rahmani said in December at a London conference that the Norwegian independent alone was owed more than $1bn by the KRG while debts to Dana Gas, part of the Pearl Consortium developing the Khor Mor gas field, which began producing in 2011...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Syria’s Economic Hardships Intensify With Fuel Shortage
...ude production from the government-controlled areas slumped to 9,325 b/d in 2014, or a mere 2.4% of 385,000 b/d output before the start of uprising in March 2011. Syria’s imports of crude oil in the first nine months of 2014 were estimated at 124,600 b/d, according to The Syria Report. The tiny oi...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Lebanon Launches ‘Largest Ever’ $2.2Bn Eurobond
...oblems, Lebanon finds itself in the eye of the Middle East storm, as it struggles to cope with the influx of some 1.6mn Syrian refugees (both official and unofficial), who have fled their war-torn country since the start of the uprising in early 2011. Yet despite these external shocks, which slowed GD...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015