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Saudi Arabia Caps Gasoline Prices Amid Rising Inflation
...s slashed fuel subsidies over the past five years, and the upshot has been that even before the pandemic, domestic consumption of diesel and gasoline had fallen below their peaks of 2015 and 2017 respectively. However, the government’s decision to triple VAT from July 2020 has resulted in a sh...
Volume: 64Issue: 29Published at Fri, 23 Jul 2021 -
Tunisian PM Resigns
...ly blocked the main oil pumping station at Kamour, threatening output losses from the south. The protestors say the government must live up to a 2017 agreement which promised investment and jobs in the region’s oil industry (MEES, 26 June). ...
Volume: 63Issue: 29Published at Fri, 17 Jul 2020 -
Fujairah Bunkering Stuggles
...opolitics as the UAE’s embargo on Qatar since July 2017 meant it could no longer service Qatari-flagged vessels. As well as to Singapore, Fujairah has been losing trade to its regional rival Sohar in Oman, where plans for LNG bunkering progressed this week (see p2). ...
Volume: 62Issue: 29Published at Fri, 19 Jul 2019