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Israel Oil Demand Falls To 9-Year Low Amid Record Imports
...cond for 2020 with volumes falling by 43% to 39,900 b/d. The KRG was third on 19,300 b/d, less than half 2019 levels and the lowest annual figure since 2014. However, Israel’s imports of Kurdish crude have surged since the start of 2021, averaging 46,800 b/d for Q1 as a whole, ahead of Azerbaijan on...
Volume: 64Issue: 14Published at Fri, 09 Apr 2021 -
Cyprus Gas-Fired Power Plans Warming Up
...untry’s main port of Limassol. The jetty will be approximately 1.2km in length and will have a berthing position for the FSRU and mooring dolphins on either side for LNG tankers (see map). It is situated next to trading firm Vitol’s 545,000m³ VVTV oil products storage terminal which was built in 2014 (ME...
Volume: 64Issue: 14Published at Fri, 09 Apr 2021 -
Iraq Passes 2021 Budget With Strong Emphasis On Power Projects
...penses. In 2014, when large swaths of the country’s northern and western provinces fell to ISIS, Iraq failed to pass a budget as well. 20% OF REVENUES FROM ‘NON-OIL’?… Of course, as per every year, oil income is slated to make up the lion’s share of the total $69.88bn in revenues. The bu...
Volume: 64Issue: 14Published at Fri, 09 Apr 2021 -
Egypt: Draft 2021/22 Budget
...rrent financial year. It also forecasts a primary surplus of 1.5% of GDP, which does not take into account interest payments, which have made up the largest portion of the budget’s spending allocation since 2014-15. The budget will now need to be approved by parliament before its final approval from th...
Volume: 64Issue: 14Published at Fri, 09 Apr 2021