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Yemen’s Two-Month Truce Revives LNG Export Hopes
...vernment’s “demand for adjustment of revenue shares.” According to a 2018 report by Yemen’s ministry of planning, the country’s share of Balhaf’s gas sales reached $753.5mn in 2014 while Mr Pouyanné says that the “cash flow per year of Yemen for TotalEnergies” was “around $1bn” in 2015. With some 80% of Ye...
Volume: 65Issue: 18Published at Fri, 06 May 2022 -
Algeria: Exports Down, Revenue Down, Outlook Dire
...tober 2014’s 171mn cfd. Volumes have bounced back slightly so far in April but at 572mn cfd are still the second lowest in the past five years (barring March). Algeria could regain some demand from both Italy and Spain later in the year when its oil-linked piped gas prices begin to fall with lower oi...
Volume: 63Issue: 18Published at Fri, 01 May 2020 -
South Sudan Looks Beyond Total For Block B
...me to nothing (MEES, 22 August 2014). Reports have suggested that the UK’s Tullow Oil, heavily involved in exploration in neighboring Uganda, was the latest candidate for the empty stake in the block. PRODUCTION CHALLENGE Whatever happens with the blocks, it will not affect South Sudan’s pr...
Volume: 60Issue: 18Published at Fri, 05 May 2017 -
Global Military Spending Up In 2015, Saudi Arabia In Third Position
...untry in the Middle East and North Africa region, according to a recent report by the Stockholm International Peace Research Institute, published in April. The kingdom’s $87.19bn expenditure in 2015 was almost four times that of the UAE, which ranked second in the region (based on 2014 figures), and mo...
Volume: 59Issue: 18Published at Fri, 06 May 2016 -
Damascus Cash Crunch As Crude Below 10,000 B/D
...oduction of 385,000 b/d before the start of the uprising in March 2011. However, if the government figures are to be believed, output is actually up slightly on the 2014 average of 9,330 b/d, while the average for the first quarter of 2014 stood at 13,000 b/d (MEES, 9 May 2014). Gas production has fa...
Volume: 58Issue: 18Published at Fri, 01 May 2015 -
Gaza Aid Falters
...construction has barely started at the besieged coastal enclave. At the Cairo conference a total of $5.6bn was pledged (MEES, 17 October 2014): of this $3.5bn was earmarked for Gaza (the rest was for general Palestinian government support), and a mere $945mn has been delivered. The report notes that while so...
Volume: 58Issue: 18Published at Fri, 01 May 2015 -
MENA Security Deterioration Sounds Oil Investment Alarm
...dley, said on 30 April. “We don’t expect significant production from [the newly-developed] In Saleh southern fields in 2014,” he added. ...
Volume: 56Issue: 18Published at Fri, 03 May 2013