1. Syria Oil-For-Aid Initiative: Can It Gain Traction?

    ...the Block 26 assets, Gulfsands says it receives regular updates from GPC personnel who retain access to the fields.   Based on these updates, production has actually been remarkably steady at around 20,000 boe/d (mostly crude) since the restart of regular production in 2017 (see chart). Fo...

    Volume: 65
    Issue: 26
    Published at Fri, 01 Jul 2022
  2. Lebanon-IMF Talks Stall As Economy Deteriorates

    ...vernment. Saudi Crown Prince Muhmmad bin Salman has largely steered clear of Lebanon following the alleged kidnapping of former PM Saad al-Hariri in 2017 (MEES, 24 November 2017). Just this week, Emirati minister of state for foreign affairs Anwar Gargash told CNBC that “If we see some of our friends, ma...

    Volume: 63
    Issue: 26
    Published at Fri, 26 Jun 2020
  3. Houthis Expose Saudi Arabia’s Growing Desalination Dependency

    ...pulation’s need for potable water. This dependency is growing at a rapid rate. The latest data from state regulator ECRA puts demand over the course of 2017 at an average 6.73mn m³/d, up a massive 9.9% year-on-year (see chart). Demand has almost certainly continued to soar over the past 18 months.  Me...

    Volume: 62
    Issue: 26
    Published at Fri, 28 Jun 2019
  4. Libya Port Attacks Derail Oil Export Prospects

    ...December 2017), resurgent political violence has torpedoed Libya’s oil sector. Militias commanded by Ibrahim al-Jathran attacked the Ras Lanuf and Es Sider oil terminals in mid-June, causing damage that the National Oil Corporation (NOC) describes as “catastrophic.” The Libyan National Army (LN...

    Volume: 61
    Issue: 26
    Published at Fri, 29 Jun 2018
  5. Qatar’s Hydrocarbon Politics Sends Message to Saudi Arabia, UAE

    ...not under threat, with the emirate continuing to receive LNG cargoes from Qatar. But Dubai took just under 1mn tons last year, and it’s very possible that this will fall to zero in 2017. Egypt took a bumper 4.78mn tons, but its alliance with Saudi Arabia and growing domestic output means a fall is hi...

    Volume: 60
    Issue: 26
    Published at Fri, 30 Jun 2017