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Algeria Pushes New Refineries Beyond 2020, Fuel Deficit To Worsen
...oducts output averaged 651,000 b/d in 2014 – comfortably above total domestic demand of 391,000 b/d. But the data for gasoline and diesel makes for less comfortable reading. State firm Sonatrach has had to import both gasoline and diesel since 2011, with volumes reaching a peak of 39,000 b/d and 53...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
A New Deal For South Sudan
...SOUTH SUDAN A New Deal For South Sudan As South Sudan marks the fourth anniversary since the declaration of independence on 9 July 2011, the country remains locked in a civil war that is estimated to have claimed more than 20,000 lives. Oil earnings have collapsed, and a succession of ag...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Kuwait Posts First Deficit In 15 Years
...ending in the new budget is slashed to KD19.2bn, down 9% in nominal terms and 12% in real terms on 2014-15. Meanwhile the country’s crude oil output fell to 2.74mn b/d in June, the lowest since last 2011 (see p8), as a dispute with Saudi Arabia that has shut in fields at the two countries’ shared Ne...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Egypt Squeezes Spending In Bid To Tame Deficit
...) % change vs % chg, real terms vs 2011-12 2012-13 2013-14 2014-15 Budget 2014-15 Projection 14-15 Bu...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015