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Kurdish Hopes Of Autonomy In New Syria Unravel
...ants in Deir Ezzor. Prior to the 2011 civil war, Omar processed gas from fields operated by the Al-Furat Petroleum Company (AFPC), a consortium made up of the Syrian government, Shell, CNPC and India’s ONGC. AFPC’s largest field was Omar and Youssef Qablawi, CEO of the Syrian Petroleum Company (SPC), sa...
Volume: 68Issue: 23Published at Fri, 23 Jan 2026 -
Kuwait: Former PM Appointed New Crown Prince
...reign minister (2011-2019). He is the first crown prince to have been appointed after previously serving as prime minister, with the two positions having been joined until 2003. The separation of the posts of prime minister and crown prince has often been blamed for encouraging opposition MPs to ch...
Volume: 67Issue: 23Published at Fri, 07 Jun 2024 -
BP & Adnoc’s Landmark NewMed Deal: Testing the Water or Troubled Waters?
...e operated by US major Chevron. While Leviathan goes from strength to strength with plans to expand capacity from 1.2bn cfd to 2.1bn cfd set to be finalized by end-2023 and FLNG a leading option, Aphrodite has remained undeveloped since its 2011 discovery. That could change with Chevron (35%op), Sh...
Volume: 66Issue: 23Published at Fri, 09 Jun 2023 -
Gulfsands Bullish On Syria Return As Key Russian Investor Consolidates Position
...0 B/D) *2020 TOTAL INCLUDES 1,100 BOE/D (6.6MN CFD) OF GAS. SOURCE: GULFSANDS, SYRIA REPORT, MEES. GULFSANDS BLOCK 26 IN SYRIA MODEST OUTLAY, MASSIVE UPSIDE With no ongoing income since declaring force majeure on its Syria assets in late 2011, Gulfsands is entirely re...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Mena’s Poor Relations Turn To IMF To Weather The Covid-19 Storm
...START? Egypt’s tourism sector accounts for 6% of GDP, employs a tenth of the workforce and is a key source of foreign exchange (MEES, 20 March). And it had only just begun to get back on its feet following the 2011 Arab Spring and its ensuing instability. Tourism revenues hit a record high $13.03bn fo...
Volume: 63Issue: 23Published at Fri, 05 Jun 2020 -
Cyprus: Aphrodite Contract Agreed, 2020 FID?
...Cyprus looks to be finally on the path to the realm of gas producers. Nicosia has agreed to sweeten terms in return for a guarantee from Noble, Delek and Shell to develop the 2011 Aphrodite discovery. The Cyprus government and the partners at the country’s 4.2tcf Aphrodite gas field have ag...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Jordan Protests Victorious As Government Nixes Imf-Backed Tax Bill
...reign aid (MEES, 13 April)—the conflict in Syria has severely stunted Jordan’s growth. Jordan averaged 6.6%/year GDP growth from 2005 to 2011 versus 2.6% since, with 2016 and 2017 the lowest yet. The World Bank expects Jordan to average 2.4% growth in 2018 —only up marginally from 2017 (see chart). Fr...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
Algeria: Government Reshuffled But Course Unchanged
...rengthened its grip on the much-feared state security service. When the tremors of the Arab Spring reached Algeria in early 2011, demonstrations of a few dozen people in Algiers were met with more than 30,000 security personnel. BOUTEFLIKA: NOT MOVING That is not to say there are not risks to st...
Volume: 60Issue: 23Published at Fri, 09 Jun 2017 -
Libya: Joint Action Pushes Back IS, But Unity Far From Complete
...ke Sirte without significant Western support,” says Mr Pusztai. “In 2011 it took them almost two months to take the city from the remaining Qadhafi loyalists, and that was with air support from the West. Now they are facing battle hardened jihadists who are well trained and experienced in operating in...
Volume: 59Issue: 23Published at Fri, 10 Jun 2016 -
Jordan’s Energy Supplies: Lots Of Options, None Of Them Good
...sue, which ‘Amman aims to tackle through its Electricity Master Plan. Jordan imports both crude oil for its sole refinery, the 100,000 b/d nameplate capacity Zarqa plant, and refined products, given that demand has raced ahead of domestic refining capacity since gas supplied from Egypt dwindled in 2011...
Volume: 58Issue: 23Published at Fri, 05 Jun 2015 -
Cost Of Conflict Rises To $144bn
...SYRIA A report released last week, prepared by the Syrian Center for Policy Research (SCPR) and commissioned by UNRWA and UNDP, indicates that the Syrian economy has sustained losses of $143.8bn between the start of that country’s civil war in 2011 and the end of 2013. These losses ar...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014 -
Lebanon’s First Bid Round Likely Pushed Back To 2015
...vestors alike. Gulf citizens were a major boon to Lebanon’s economy, making annual pilgrimages to enjoy Beirut’s comparatively tolerable summers. This dynamic ended abruptly with the spread of violence in Syria in 2011, the influx of more than a million refugees into Lebanon, as well as the violence an...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014