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Israel-Iran Conflict Exposes East Med Gas Interdependence
...e recent conflict provides Chevron with a plausible excuse not to dip into its deep pockets to fund a multi-billion-dollar project like a Cyprus LNG plant; any new Israel conflict would risk depriving the plant of its main feedstock. For Cyprus, Aphrodite, it’s first discovery made in 2011, is no...
Volume: 68Issue: 27Published at Fri, 04 Jul 2025 -
Egypt’s 1H 2022 LNG Exports: Europe Dominant
...Egypt exported 5.34mn tons of LNG for 1H 2022, up 57% on 1H 2021 for the highest first half figure since 2011. Perhaps not surprisingly given global LNG trade dynamics, with Europe sucking in more cargoes as it seeks to cut imports from Russia, the proportion of Egyptian cargoes he...
Volume: 65Issue: 27Published at Fri, 08 Jul 2022 -
Libya’s NOC Hopes For The Best, Plans For The Worst
...nching well below its weight. In the five years leading up to the 2011 ‘revolution’ the country’s output averaged 1.65mn b/d (see chart). Mr Sanalla, the National Oil Corporation (NOC) chairman, in a wide-ranging exclusive MEES interview in Vienna on 30 June (see transcript, p9) said “we have more th...
Volume: 62Issue: 27Published at Fri, 05 Jul 2019 -
Libya Oil Output Breaches 1mn B/D
...2017 were 454mn cfd, close to the 464mn cfd average exported in 2016, but down 34% compared to the 2015 average, and barely half of average annual exports between 2008-10 before Libya’s 2011 revolution (see charts). Within these headline figures, monthly volumes have fluctuated significantly. Th...
Volume: 60Issue: 27Published at Fri, 07 Jul 2017 -
Libya On The Cusp Of Oil Revival
...sumed both from eastern and western oil ports, and currently stands at around 320,000 b/d, according to National Oil Corporation (NOC) spokesman Muhammad al-Harari. Prior to the crisis, output stood at 1.5mn b/d, just shy of volumes pumped before the outbreak of the 2011 revolution that toppled Mu’ammar al...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014 -
Investors Hope For Oil Sector Reform In Wake Of Cairo Coup
...rm, Vegas Oil, following the 25 January 2011 revolution. Hope Of New Beginning However, there were high hopes among oil investors that the exit of the Muslim Brotherhood government might allow Egypt to open a new and more positive chapter. “I have to say there is a feeling of relief…of bu...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013 -
Ex-Qatar PM Leaves QIA
...estions remain unanswered as to QIA’s role in riskier regional markets – such as Egypt, where the overthrow of Qatar-backed former president Muhammad Mursi threatens to throw Qatar’s Egyptian strategy widely off course (see p11). Increased Shell Stake? QIA began an energy buying spree in 2011...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013 -
South Sudan Crude Exports Resume, For Now
... SUDAN & SOUTH SUDAN South Sudan Crude Exports Resume, For Now South Sudan has shipped its first three cargos via Sudan since 2011, but a lack of concrete progress in talks aimed at defusing the most recent North-South dispute has raised fears of a second Southern sh...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013