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Oil Boost Raises Hopes In Libya, Perhaps Falsely
...Libya’s oil production ended April at about 760,000 b/d, up 50% from just over 500,000 b/d at the end of March, and the highest output since early December 2014. But such is the volatility of crude output in Libya that average production for the month of April as a whole, at 565,000 b/d, was th...
Volume: 60Issue: 18Published at Fri, 05 May 2017 -
Iran: Condi Splitter Launch Promises Gasoline Self-Sufficiency – But When?
...January 2016. State refiner NIORDC expanded gasoline units at existing refineries with the aid of Chinese contractors and bulked out the fuel with additives from petchems plants – a practice that was halted because of growing pollution concerns (MEES, 25 April 2014). Gasoline imports fell to al...
Volume: 60Issue: 18Published at Fri, 05 May 2017 -
Mena Renewables: Capacity Growing But At Half The Global Pace
... 2016 MW % MW % 2015 2014 20...
Volume: 60Issue: 18Published at Fri, 05 May 2017 -
OPEC, Will It Have To Cut Deeper For Longer?
...15 2014 S Arabia* 9.98 -0.08 10.06 +0.02 -0.42 9....
Volume: 60Issue: 18Published at Fri, 05 May 2017 -
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 -
Algeria Charts New Economic Direction. Is It Battling Against The Tide?
...blic debt increased,” said the IMF following the conclusion of its Article IV mission to Algeria on 20 March. Algeria’s trade deficit was a record $17.84bn in 2016 up from $17.01bn in 2015 and a surplus of $2.4bn in 2014. Of course the key variable here is the oil price (see chart, and table p5 for fu...
Volume: 60Issue: 18Published at Fri, 05 May 2017