- Sort by:
- Score
- Published ▼
-
Opec Revenues Set For 2022 Windfall After 2021 Turnaround
...ectrum lie the many Opec members which are struggling to keep up. One example is Algeria, where state oil firm Sonatrach says it is expecting around $50bn in hydrocarbon revenues for 2022. MEES estimates Algeria will earn around $38bn from oil exports alone, up 65% on last year. In 2011, Al...
Volume: 65Issue: 26Published at Fri, 01 Jul 2022 -
Syria Oil-For-Aid Initiative: Can It Gain Traction?
...London-based independent Gulfsands has had zero production since 2011. With the firm’s sole assets frozen in Syria, it is trying to drum up interest in an oil-for-aid program that would see itself and other foreign producers return to their fields. The Syrian state’s share of proceeds from th...
Volume: 65Issue: 26Published at Fri, 01 Jul 2022 -
Libya’s Gas Exports To Italy Collapse To Zero On Plant Outage
...en their output curtailed. *The outages, coupled with already lower supplies so far this year, mean Libya’s first half 321mn cfd exports to Italy were lowest since the 2011 revolution (see chart 2). Natural decline at Wafa and Bahr Essalam, as well as soaring domestic consumption continue to we...
Volume: 64Issue: 26Published at Fri, 02 Jul 2021 -
BP Drilling Offshore Egypt
...REAGE Output at BP and Eni’s offshore Nile Delta fields peaked in 2011 and continues to slump: Ras El Bar output fell 20% to 107mn cfd for 2020 whilst El Temsah was down 23% at 136mn cfd (see chart and MEES, May 21). GAS OUTPUT FROM ENI & BP’s OFFSHORE NILE DELTA CONCESSIONS PEAKED IN 2011 AND FELL 29...
Volume: 64Issue: 26Published at Fri, 02 Jul 2021 -
QP Ousts Maersk At Key Qatari Oil Field Amid Sectoral Revamp
...e dominance of LNG revenues in comparison, oil is set to become a more important player in Qatar’s economic mix. But not through increased oil output, which has now stabilized after falling 130,000 b/d since 2011 (see p14), rather because LNG revenues look liable to fall further. Most analysts be...
Volume: 59Issue: 26Published at Fri, 01 Jul 2016 -
Iran Hits The Med As Market Share Battle With Saudi Intensifies
...EPS Latest Spanish import data shows arrivals of Iranian crude tripled to 102,000 b/d in April (three 1mn barrel cargoes) following March’s initial 1mn barrel post-sanctions cargo. All volumes so far have been taken by Cepsa which has been wholly-owned by Abu Dhabi state investment firm IPIC since 2011...
Volume: 59Issue: 26Published at Fri, 01 Jul 2016 -
Opec Revenues Set To Fall Further In 2016
...gnificant damage has already been done. Libya’s chaos predates the oil price slump, with the country nowhere near to stabilizing since the ouster of former leader Mu’ammar al-Qadhafi in 2011. But oil price falls have contributed to the maelstrom. Kuwait is also having a year to forget, with revenues on...
Volume: 59Issue: 26Published at Fri, 01 Jul 2016 -
EU Clears €18.7Mn In Aid For Palestinian Authority
...fectively cutting its liabilities by half. The move cuts the country’s debt service payments from $88mn in 1998 to $35mn in 2003 and pare payments down to an average of $39mn per year until 2011. Therefore debt service as a percentage of government revenue falls from 35% in 1998 to 11%. The move is part of th...
Volume: 45Issue: 26Published at Mon, 01 Jul 2002