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Egypt Tenders For Bumper LNG Imports As Gas Demand Soars
...erwhelmingly gas-fed, for 95% of national power supply for 2023 (MEES, 3 May). *Egypt’s gas output fell again to just 5.115bn cfd for April, down a whopping 1.3bn cfd (20%) on end-2022 and the lowest figure since the start-up of the key Zohr field in late 2017 (MEES, 14 June), whilst the country’s di...
Volume: 67Issue: 25Published at Fri, 21 Jun 2024 -
Qatar Gas Exports Surge To Five Year High
...Qatari gas exports bounced back to five-year highs in April as seasonal maintenance work on LNG facilities was completed. Exports jumped above 16bn cfd in April for the first time since January 2019, and hit their highest level since June 2017 according to the latest figures from Jodi, pr...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
Saudi Awards Eyed As US Approves Funding Of Foreign Nuclear Power
...oject off the ground (MEES, 15 December 2017). SECURITY CONCERNS The DFC’s move to lift the ban on US state funding for overseas nuclear investment follows the March 2019 approval by the Trump administration of applications by six unnamed US firms to undertake preliminary work on Sa...
Volume: 63Issue: 25Published at Fri, 19 Jun 2020 -
DC’s Bahrain ‘Mideast Peace’ Conference: Deal of the Century or Damp Squib?
...rael-Palestine conflict once and for all. STICKS AND CARROTS It’s little wonder that Mr Kushner has chosen an investment rather than a political angle to kick off his Middle East peace initiative: since taking office in 2017, Mr Trump torched what little goodwill the US had left wi...
Volume: 62Issue: 25Published at Fri, 21 Jun 2019 -
Egypt Continues Subsidy Reform, Hikes Fuel Prices
...e chart). For the current 2017-18 financial year ending 30 June, Mr Molla says subsidies are on track to hit E£125bn ($7.0bn), well above the budgeted E£110bn, but slightly down in dollar terms on 2016-17’s E£115bn ($6.2bn) spend (MEES, 23 February). The increase in fuel prices could help ea...
Volume: 61Issue: 25Published at Fri, 22 Jun 2018 -
South Korea Credit Line Offers Relief For Iran’s Ailing Economy
...rliamentarian who represents the Majlis on the NDFI governing board. The Washington-based SWF Institute previously estimated reserves at $62bn. According to the 2017-18 budget bill, the government is required by law to allocate 30% from its oil and gas export revenue to the wealth fund, up from 20% in the bu...
Volume: 60Issue: 25Published at Fri, 23 Jun 2017 -
Qatar Downgrades Growth Forecast, But LNG Revenue Projection Looks Bullish
...ril (MEES, 3 June). Qatar’s gas output is set to rise: QEO projections assume the 1.4bn cfd Barzan project comes onstream in the second half of the year and reaches full capacity in 2017. “Manufacturing will also grow, as the additional gas output will provide a step increase for the year,” the re...
Volume: 59Issue: 25Published at Fri, 24 Jun 2016