1. Libya’s Oil Revenues Hit By Soaring Products Import Bill

    ...22’s products import bill of $4.4bn was also a record, topping 2014’s $3.5bn, with 2023 on track to hit $4bn. Prevailing volumes and prices imply gross crude and condensate export earnings of $7.74bn for Q1, some $2.4bn above the official NOC/LCB figure of $5.3bn. The former figure equates to gross ea...

    Volume: 66
    Issue: 17
    Published at Fri, 28 Apr 2023
  2. Australia’s Woodside Finally Enters East Med, Teaming Up With Chevron On Egypt Blocks

    ...mmissioned for a world beating 4.6mn t/y facility (MEES, 24 February). As for whether Woodside may look to expand its Chevron collaboration to other regional assets, intriguingly the Australian firm back in 2014 came close to paying $2.5bn for a 25% stake in Leviathan before the deal was kyboshed due to re...

    Volume: 66
    Issue: 17
    Published at Fri, 28 Apr 2023
  3. Oman’s State Energy Firm Profits From Improved Credit Rating As Economy Picks Up

    ...pths of the Covid-19 pandemic. The sultanate even achieved a $2.98bn surplus in 2022 which brought an end to a run of 13 consecutive budget deficits. That extended run in the red meant debt levels ballooned in recent years, especially after the 2014 oil price crash. From 4.9% of GDP in 2013 debt surged to...

    Volume: 66
    Issue: 17
    Published at Fri, 28 Apr 2023
  4. Iraq: Sinopec Back At Mansuriya?

    ...e southern gas grid. The pipeline is slated for completion this year. PEG has won multiple projects in Dhi Qar and has a strong working relationship with SCOP that dates to at least 2014. ...

    Volume: 66
    Issue: 17
    Published at Fri, 28 Apr 2023
  5. Iraq’s Gharaf: Gas Award

    ...e southern gas grid. The pipeline is slated for completion this year. PEG has won multiple projects in Dhi Qar and has a strong working relationship with SCOP that dates to at least 2014. ...

    Volume: 66
    Issue: 17
    Published at Fri, 28 Apr 2023