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Kurdistan Slams Baghdad Over Continued Pipeline Closure
...rkuk-Ceyhan crude oil export pipeline which has been offline since the Islamic State damaged it in 2014 (see map, p10 & MEES, 12 April). Iraq optimistically says the pipeline could be up and running by the end of this month – mere days away – and will be capable of exporting 350,000 b/d. MEES un...
Volume: 67Issue: 17Published at Fri, 26 Apr 2024 -
Iraq Awards Akkas To Ukrainian Unknowns
...rce majeure in 2014 when the field was overrun by Islamic State militants, and even after the area was retaken by Iraqi security forces cited security concerns and refused to resume work. More recently Saudi Aramco was tapped for the project amid a thawing of relations between the two Gulf ne...
Volume: 67Issue: 17Published at Fri, 26 Apr 2024 -
Egypt-Turkey Talks: Gaza Conflict Tops Agenda As Relations Thaw
...RMALIZATION The landmark presidential visits are the first since relations soured over a decade ago after Sisi ousted Turkey-backed Islamist President Mohamed Mursi in a 2013 military coup (MEES, 5 July 2013), assuming the presidency a year later (MEES, 26 June 2014). In the years that followed, Turkey gr...
Volume: 67Issue: 17Published at Fri, 26 Apr 2024 -
Libya’s Financial Vulnerabilities Laid Bare By Dwindling Oil Revenue
...consultation with Libya’s internationally recognised Government of National Accord (GNA) based in the capital. STATE FAILURE Such is the level of state failure in Libya, that since a political crisis in 2014 it has had two rival governments, two central banks and two national oi...
Volume: 63Issue: 17Published at Fri, 24 Apr 2020 -
Prince Muhammad’s Vision 2030: Far Sighted Or Over-Ambitious?
...ars designed to end the kingdom’s “addiction to oil.” With a large dose of optimism the prince envisages that the kingdom will be able to survive without oil by 2020. Given that oil represented 87% of the kingdom’s export revenue in 2014, and even after oil prices collapsed, was still 73% last ye...
Volume: 59Issue: 17Published at Fri, 29 Apr 2016 -
Firms Face Up To Mounting Libya Write-Offs
...om which they see no imminent return from production. Production in Libya by France’s Total dropped to an average of 27,000 boe/d in 2014, its lowest level since 2011, according to figures published in the company’s 2014 yearbook, on 15 April. Production dropped from 50,000 boe/d in 2013, having pe...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
Iraqi Provincial Elections: Prelude To A New Balance Of Power
...mpaigning to unseat Mr Maliki before January 2014 parliamentary elections, but has so far failed. The provincial election is a test of strength for both camps. MEES learns from senior Iraqi opposition sources that Iran has informed them of its continued support for Mr Maliki and that Tehran does not want hi...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013