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  1. Egypt: Record 2021 Gas Output But Outlook Uncertain

    ...ices headed south in late 2014, with 2020 seeing further cuts to capex budgets. … NOW FOR THE REBOUND?                 However Cairo has now moved to stop the rot by updating production sharing contract (PSC) terms that, key producers argued, failed to incentivize investment in mature ac...

    Volume: 65
    Issue: 09
    Published at Fri, 04 Mar 2022

  2. Abu Dhabi Gas Use Drops As Nuclear Meets Record Demand

    ...ctor. Despite a 9% annual increase in power generation last year, the power sector burned less hydrocarbons than in any year since 2014 according to state offtaker Ewec. Ewec purchases power from Abu Dhabi’s fleet of power plants as well as two plants in Fujairah with a combined power generation ca...

    Volume: 65
    Issue: 09
    Published at Fri, 04 Mar 2022

  3. Libya Outages Heighten Global Oil Supply Fears

    ...anwhile, the swearing in of a parallel government in Libya this week has heightened concerns of a return to fighting as the incumbent (internationally recognized) government in Tripoli refused to wield power. The situation is eerily reminiscent of the political division between 2014 and 2021 when two rival pa...

    Volume: 65
    Issue: 09
    Published at Fri, 04 Mar 2022

  4. Baghdad To Offer Gazprom Neft Better Terms

    ...oduction started in 2014. It has been a mainstay of mid-Euphrates oil production alongside CNPC’s Ahdab and Zhenhua Oil’s East Baghdad fields. Badra has a central integrated oil and gas processing facility with a capacity of 110,000 b/d and 155mn cfd. Gas is piped through a 100km pipeline to the 500MW Zu...

    Volume: 65
    Issue: 09
    Published at Fri, 04 Mar 2022

  5. India LNG Imports: Qatar Dominant As Buying Dips Amid Sky-High Prices

    ....16/mn BTU that India paid for Q4 supplies was the highest quarterly figure since 2014, it is well below the average price paid by other Asian importers. India’s average December import price of $13.66/mn BTU compares to $14.85/mn BTU for Japan and $19.50/mn BTU for China. This indicates that Indian im...

    Volume: 65
    Issue: 09
    Published at Fri, 04 Mar 2022