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Trump Offers Syria ‘Chance At Greatness,’ Pledges To Remove US Sanctions
...ther exit or restructure in the country. The harshest sanctions regime to date came with the outbreak of Syria’s civil war in 2011 when the US – this time joined by the European Union and the Arab League – targeted the Central Bank of Syria as well as its oil sector, which was a key source of re...
Volume: 68Issue: 20Published at Fri, 16 May 2025 -
Kuwait’s Emir Suspends Parliament;Can He Quell Tumultuous Divisions?
...position figures, including former MPs who were involved in the 2011 storming of parliament, in addition to those jailed or stripped of citizenship for state-security and terrorism-related charges. On 10 May, he doubled down saying “those who were convicted of treason were set free…I will never allow this to...
Volume: 67Issue: 20Published at Fri, 17 May 2024 -
Egypt’s New Capital In Spotlight As Spending Priorities Shift
...oject. In 2011, millions of Egyptians occupied the streets of Cairo and its iconic Tahrir square, with mass marches reaching the presidential palace and eventually forcing then-president Hosni Mubarak to resign. With Sisi having taken power in 2013 following a period of Islamist-flavored quasi-democracy, hi...
Volume: 67Issue: 20Published at Fri, 17 May 2024 -
UAE-Oman Relations: Brotherly Love Or Sibling Rivalry?
...jor diplomatic spats have been few: the only high-level incidents in recent years are Oman’s claims to have broken up Emirati-backed spy rings in 2011 and in 2019; claims which Abu Dhabi denies. Where the countries have more often clashed is in their very different approaches to regional foreign po...
Volume: 67Issue: 20Published at Fri, 17 May 2024 -
Libya’s R Lanuf Back Online
...rolysis gasoline (MEES, 14 January 2008). Output capacity also includes 172,260 t/y of gas used to fuel the plant and 12,700 t/y of hydrogen which is used both for hydrogenation at the ethylene plant and at the polyethylene plant whose design capacity was 160,000 t/y before Libya’s 2011 revolution. “Wi...
Volume: 66Issue: 20Published at Fri, 19 May 2023 -
Libya Slides Into Deeper Disarray
...bya want free and fair elections. But they want it on their own terms. The problem is that if there’s winners then there must be losers. The biggest losers are Libyans themselves who have undergone three civil wars since 2011. While politicians and military figures squabble over power, public se...
Volume: 65Issue: 20Published at Fri, 20 May 2022 -
Libya Sees Smuggling Surge As Oil Prices Rise
...e illicit trade of products like gasoline and diesel. As international oil prices shoot through the roof, so have reports of attempted fuel smuggling. Some may get caught, but many groups remain seemingly untouchable. Libya’s fragmentation following the fall of Gaddafi in 2011 has led to a state do...
Volume: 65Issue: 20Published at Fri, 20 May 2022 -
SDX Eyes Egypt Gulf Of Suez Growth
...e partners to replace the rig that drilled the well, with results expected in the next three to four weeks. SDX’s other Egypt asset is a 55% operator’s stake at the 46mn cfd South Disouq concession in the onshore Nile Delta. The Gulf of Suez had long been Egypt’s key oil heartland but since 2011...
Volume: 65Issue: 20Published at Fri, 20 May 2022 -
Cepsa’s Upstream Shift Hampered By Algeria Output Slump
...coming 100% owner in 2011 when it bought out remaining partner Total. IPIC was merged into Mubadala in 2016 (MEES, 8 July). Following an abortive attempt at a Cepsa IPO (MEES, 21 September 2018) Mubadala last year sold 37% to the Carlyle Group (MEES, 12 April 2019). In January Mubadala sold an additional 1....
Volume: 63Issue: 20Published at Fri, 15 May 2020 -
Can Iraq’s Power Sector Maintain Momentum? .
...ll inherit several imminent startups that will add another 2-3GW of available capacity to Iraq’s electricity capacity. The first addition should come from China’s CMEC which is nearing completion on its 1.26 GW powerplant in Samarra, Salahuddin province. The $1.2bn project was initially awarded in 2011...
Volume: 63Issue: 20Published at Fri, 15 May 2020 -
Saudi Nuclear Plan: Slow Progress, But Expanded Scope Eyed
...nounced by government nuclear and renewables agency Kacare in 2011 that called for 16 nuclear power plants with a combined capacity of 18GW and an expected investment of more than $80bn (MEES, 3 May 2013). In a shake-up of power sector plans by Crown Prince Muhammad bin Salman in 2016, Kacare reduced it...
Volume: 63Issue: 20Published at Fri, 15 May 2020 -
Egypt: Record Gas Output, Exports At Seven-Year High
...pped 1bn cfd for the first time since December 2011. They have likely risen further since, with Egypt’s gas consumption typically bottoming out in March. Though rising domestic demand as summer approaches would normally crimp volumes available for export, continued production gains are of course a co...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Energean Taps Cyprus For Israel Gas Exports
...ospects for Cyprus’ own 4.2tcf 2011 Aphrodite discovery. And Energean will struggle to meet even a modest sales commitment (especially from 2021) based on current reserves and development plans. The recent ‘Karish North’ discovery takes total recoverable reserves to around 3tcf (MEES, 19 April). Ho...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Shell’s Oman GTL Proposal: What’s Changed This Time Around?
...G) are aimed at developing the Gulf’s third gas-to-liquids (GTL) project, a surprising prospect given that the cost of Shell’s Pearl GTL plant in Qatar trebled from $6bn to $18.5bn between 2006 go-ahead and 2011 completion. Shell and Total are holding talks with MOG for a proposed $19bn in...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Oman Eyes Ambitious Downstream Gas Projects With Total, Shell MOUs
...ke off globally despite initial optimism. However, no information regarding scale, cost or timeframe of any plant was offered. Qatar has been the technology’s biggest player; its 140,000 b/d Pearl GTL JV with Shell is a world-beater. But the $18bn plant has suffered several setbacks since 2011 st...
Volume: 61Issue: 20Published at Fri, 18 May 2018 -
UK Firm Gulfsands Vies To Outlast Syria Sanctions
...Dozens of foreign firms operated in Syria before 2011 sanctions. Most aren’t planning to return any time soon. But the existence of London-HQ’d Gulfsands depends on it. On 23 April, Gulfsands Petroleum finalized its decision to delist from London’s Alternative Investment Market (AIM) co...
Volume: 61Issue: 20Published at Fri, 18 May 2018 -
Spain Crude Imports From Mena Countries* Hit 9-Year High In Q1: Iran At Highest Since 2011, With March’s 133,200 B/D A Monthly 7-Year High. Libya Volumes At All-Time Record Levels (‘000 B/D)
...*EXCLUDES OCCASIONAL SMALL HISTORICAL VOLUMES FROM TUNISIA (NONE SINCE 2015) AND SYRIA (TO 2011). SOURCE: CORES, MEES. ...
Volume: 61Issue: 20Published at Fri, 18 May 2018 -
Tunisia: Key Gas Project Faces Further Delays As Unrest Grows
...ndane – a lack of investment. This has been due both to instability since the January 2011 revolution – instability in terms of uncertain terms and conditions as well as physical unrest – and, since mid-2014, lower oil and gas prices. Precisely zero new exploration permits have been awarded since the start of...
Volume: 60Issue: 20Published at Fri, 19 May 2017 -
Egypt Gas Boost Cuts Import Needs, But Self-Reliance Still A Distant Goal
...covery, with BP’s 1.5 tcf Atoll set to add a further 300mn cfd from mid 2018. But even with the Nooros and WND boost, Egyptian output is only back to early 2014 levels: it is still some 1bn cfd short of the near-6bn cfd average of 2011 and 2012 (see chart – the Nooros field which is in shallow water but dr...
Volume: 60Issue: 20Published at Fri, 19 May 2017 -
Egypt’s Petchems Boosted By New Gas – But Demand Also Rising
...r power and heat generation averaged 3.01bn cfd in 2016, equivalent to 74% of the total average gas production of 4.06bn cfd. The percentage of Egypt’s gas burned for power and heat generation has been rising sharply in recent years, from 45% in 2011, and the situation is likely to get worse since ga...
Volume: 60Issue: 20Published at Fri, 19 May 2017