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Gazprom KRG Output Boost
...,000 b/d. This brings the block up to the partners’ planned development target and it is unclear whether the partners will want to expand processing facilities to push production capacity higher (MEES, 11 March 2014). Garmian is an outlier within the Kurdistan Region’s oil producing blocks in that it is lo...
Volume: 62Issue: 14Published at Fri, 05 Apr 2019 -
Lebanon To Award Billion-Dollar Gas Import Deals
...will help mitigate the need for individual project tenders which historically have proven the main cause of delays – as was the case both with FSRUs and building new power infrastructure. And arbitrary disputes are always a worry. The government battled Athens contractor J&P since 2014 over wh...
Volume: 62Issue: 14Published at Fri, 05 Apr 2019 -
Egypt Gas Market Liberalization: Set For Take-Off?
...minent gas imports from Israel resting on the new framework, MEES examines the state of play. Egypt on 1 August 2017 passed legislation to enable use of the country’s 7,600km main gas grid by private sector operators. Long-mooted liberalization plans gained traction in 2014-15 as slumping domestic ou...
Volume: 62Issue: 14Published at Fri, 05 Apr 2019 -
Algeria: Bouteflika Out, But What Next?
...the protests is Algerians’ inability to see a bright future with the current system in place. Half of the country’s 42mn population is under the age of 30 and youth unemployment is close to 30%. In the good times of high oil prices, the ruling elite was able to buy its way out of trouble, but the 2014...
Volume: 62Issue: 14Published at Fri, 05 Apr 2019 -
Egypt Cuts Receivables Bill Amid Arbitration Threat
...diterranean blocks where the firm is planning on drilling two wells later this year and where Israeli firm Ratio Oil is in talks to take a stake (MEES, 22 March). UAE independent Dana Gas, on the other hand saw its receivables fall to $140mn at end-2018 down from $228mn a year earlier and a 2014 peak of $30...
Volume: 62Issue: 14Published at Fri, 05 Apr 2019