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Libya’s Oil Sector In Turmoil After NOC Head Ousted
...pacity since May 2014, has refused to acknowledge the order which was made public on 13 July. He says he is still the official head of the firm and that all NOC subsidiaries still answer to him. The episode is just the latest in an increasingly complex and fluid power struggle be...
Volume: 65Issue: 28Published at Fri, 15 Jul 2022 -
The Terror Risk To Tunisia’s Tourism Industry
...llion in 2014 to 5.4 million in 2015, and foreign currency earnings tumbling by 43% to $1.2bn (see chart). And while arrivals began to recover again after 2015, major European tour operators only just started to return last year after foreign government travel warnings were eased. Improved se...
Volume: 62Issue: 28Published at Fri, 12 Jul 2019 -
Syria: Key Crossing Open
...uckers would embark on the five-hour Beirut-Amman trek despite the ongoing civil war, but when the crossing closed, it stymied exports. Customs data show that export volumes at the Masnaa crossing on the Beirut-Damascus highway fell from $495mn in 2014 to $103mn in 2016—a key reason why total Lebanese ex...
Volume: 61Issue: 28Published at Fri, 13 Jul 2018 -
Cyprus: Total Spuds Key Wildcat As Unification Talks Collapse
...rrying out the exploration have been a regular occurrence (MEES, 24 October 2014), on this occasion they have been given extra spice by the breakdown in re-unification talks only days earlier. “It is impossible to appreciate that some energy companies are acting with, and becoming part of some ir...
Volume: 60Issue: 28Published at Fri, 14 Jul 2017 -
Syria: Trauma To Last For Years Even If A ‘Deal’ Is Struck
...frastructure. Crude oil production in government-controlled areas has dropped to about 9,000 b/d in 2014 from 386,000 b/d in 2010. Total crude oil production is higher when factoring in output from fields under rebel control, which is then sold on the black market, including to the two 120,000 b/d capacity st...
Volume: 59Issue: 28Published at Fri, 15 Jul 2016 -
OPEC Output Keeps Rising In June To Hit 38-Month High
...posed 30mn b/d production ceiling since May 2014, and above 31mn b/d since March this year. But while this Opec ‘over-production’ shows no sign of abating in the months ahead, particularly when one factors in the Iranian upside should a nuclear deal materialize, a slowdown in US output growth since Ma...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
A New Deal For South Sudan
...rtfolios. The government will retain a majority (53%) of central government positions, and a group of 10 former SPLM party members who were detained for a period in 2014 on charges of plotting against the government, known as the SPLM former detainees (SPLM-FD; or G10), will take 14% of the positions. Pr...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
KRG Helping Hand To Kirkuk Province Threatens To Widen Rift With Baghdad
...ys is housing half a million Iraqis and refugees displaced as a result of the jihadist incursion into Iraq in June 2014. He said in an interview with Kurdish Rudaw television that Kirkuk had not received its share of the federal budget for six months and has not been paid for its oil in two ye...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Law Change Hands Power, Oil Revenues To Iraq’s Provinces
...,000 b/d by end 2014. Babil province’s West Kifl field, and Karbala’s Kifl and Merjan fields have been a particular area of interest. In January 2010, UK independent San Leon announced it had signed a deal with Karbala governorate for the blocks, offered in Iraq’s December 2009 second upstream bi...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013