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Stalemate in Tripoli: A New Status Quo?
...rporation (NOC) are deposited in the Tripoli-based central bank. While the Tripoli central bank does pay out some cash for the day-to-day running of the eastern-based administration, it is the GNA that gets to decide on the bulk of the budget. Libya has been divided since 2014 when Islamists on the lo...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Yemen: Second IOC Returns Despite No End In Sight To Conflict
...e drone attacks. YEMEN KEY OIL & GAS INFRASTRUCTURE YEMEN EXPORTS* REMAIN AT LESS THAN HALF 2014 LEVELS ('000 B/D) *BASED ON IMPORT DATA. SOURCE: MEES. PRODUCERS EDGE BACK… Further east, the story is markedly different. Vital supplies remain low and a st...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Shell’s Oman GTL Proposal: What’s Changed This Time Around?
...ned. Given such a propensity to budget blowouts it’s little wonder that remaining interest in GTL evaporated in the wake of the collapse in oil prices in the second half of 2014. South Africa’s Sasol had signed preliminary agreements for a GTL project in Uzbekistan of a similar size to Oryx, but put th...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Rosneft Begins Pilot Production in Iraqi Kurdistan
...10,000 b/d installed by former Hungarian operator Mol, which could also be linked to the nearby Jisik discovery (MEES, 31 August 2018). Mol had high hopes for Bijeel, targeting 50,000 b/d (MEES, 15 August 2014), but it exited in 2016 after downgrading reserves from 800mn barrels to just 4mn (MEES, 15...
Volume: 62Issue: 20Published at Fri, 17 May 2019