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Jordan Looks To Join Underused GCC Power Grid
...gas from Egypt until Egypt halted exports in 2011 forcing a shift to liquid fuels, though Jordan began importing LNG last year. Jordan is looking to diversify further and is currently developing renewables and oil-shale fired capacity in a bid to reduce this reliance (MEES, 15 April). The GC...
Volume: 59Issue: 22Published at Fri, 03 Jun 2016 -
Eni Advances Libya Gas Plans Amid Short-Term Cuts
...erated Greenstream pipeline linking Mellitah with Sicily – Libya’s sole gas export output – to rise to 688mn cfd last year, the highest level since the 2011 ouster of Mu’ammar al-Qadhafi. Eni, in its recently-released 2016-19 strategic plan gives the Bahr Essalam Phase II start-up date as H1 2018 with ne...
Volume: 59Issue: 22Published at Fri, 03 Jun 2016 -
Opec: Fit For Purpose? What Purpose Is That Exactly?
...enna at the time. Iran would be integral to any such agreement given its continued post-sanctions production ramp up – reaching 3.38mn b/d in April, up 460,000 b/d since sanctions were lifted in January and only 200,000 b/d below 2011’s 3.58mn b/d output. Unsurprisingly Iran’s Oil Minister Bijan Za...
Volume: 59Issue: 22Published at Fri, 03 Jun 2016 -
Anti-Hizbollah Banking Sanctions Tear At Lebanon’s Political Fabric
...th the high cost and strains on basic utilities, associated with the hosting of close to 1.5 million Syrian refugees who had fled their war-torn country since the beginning of the conflict in Syria in early 2011. So any new shocks to the Lebanese banking sector which has so far been resilient, de...
Volume: 59Issue: 22Published at Fri, 03 Jun 2016