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Saudi Aramco Plans 50% Gas Output Boost By 2030
...d in 2021, including a single-day output record of 10.8bn cfd. The previous records of 9.03bn cfd and 10.7bn cfd respectively had been set in 2020, and the 170mn cfd year-on-year increase was the fastest annual increase since 2017. Sales gas output has now increased for 15 consecutive years (see ch...
Volume: 65Issue: 12Published at Fri, 25 Mar 2022 -
Algeria Smashes Gas Output Record For 2021, Can It Keep It Up?
...tput records of 94.8bcm and 94.5bcm set in 2016 and 2017, but also breached the 100bcm mark for the first time with production rising 17% to 102.8bcm (9.94bn cfd), according to official Algerian submissions to Jodi (see chart 1). Output continued to roar in January, hitting 9.7bcm – just 0.4bcm shy of...
Volume: 65Issue: 12Published at Fri, 25 Mar 2022 -
Iran Awards Phase 2 Of South Pars Oil Field Development
...talEnergies. South Pars itself is the world’s largest gas field including the Qatari ‘North Dome’ portion. Discovered in 1992, SPOL Phase-1 production began in 2017 (MEES, 24 March 2017) with Iran targeting capacity of 35,000 b/d of 21° API crude oil. Out of nine wells planned in section A2 of the field (se...
Volume: 65Issue: 12Published at Fri, 25 Mar 2022 -
Egypt Powergen Rebounds To Record For 2021 As Oil Burn Makes A Comeback
...lated effects coming on top of a long term downward trend from a 2016 peak after subsidies were phased out from 2017. As for the impact of Covid: 2020 household consumption actually was somewhat higher than 2019 as more people stayed at home, whilst for 2021 the main change was a higher summer peak, pe...
Volume: 65Issue: 12Published at Fri, 25 Mar 2022 -
Lebanese Power Operator Primesouth Files Arbitration Against Iraq
...ngled out the project for corruption since initial plans were made public in 2017. A little-known Dubai based Iraqi oilfield services subcontractor called Al Nukhba Energy was accused of corruption after the electricity ministry chose it to deliver the work. In April 2019, the Iraqi cabinet awarded the 10...
Volume: 65Issue: 12Published at Fri, 25 Mar 2022