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Kurdistan’s Gas Ambitions Advance With Chemchemal Kickoff
...rk had fallen victim to a period of tumultuous relations with the Kurdistan Regional Government (KRG), with lengthy arbitration from 2013 to 2017 holding back development at both Khor Mor and Chemchemal (MEES, 13 July 2018). But that episode is in the past and Chemchemal’s development will ensure no...
Volume: 68Issue: 30Published at Fri, 25 Jul 2025 -
Turkey’s ITP Exit Sets Stage For Intensive Talks With Iraq
...aqi Kurdistan, where around 300mn cfd in capacity gains are expected by end-2026 from the Khor Mor and Chemchemal gas fields (see p2). The KRG signed a Gas Sales Agreement with Turkey in 2013 to export an initial 4bcm/year from 2017, rising to 10bcm/y by 2020. Turkey’s proposals could rekindle the KR...
Volume: 68Issue: 30Published at Fri, 25 Jul 2025 -
Egypt LNG Imports Ramp Up On Increased Regasification Capacity
...et growing gas consumption during the peak summer demand season. As of 24 July, Egypt had imported 580,000 tons of LNG, which would itself be the highest monthly total since September 2017 (see chart 1). Kpler is forecasting that July LNG imports could reach 860,000 tons, which would be a record mo...
Volume: 68Issue: 30Published at Fri, 25 Jul 2025 -
Shell Greenlights Egypt Offshore Project
...me since 2017 and prolong the project’s lifespan (MEES, 18 July). MEES learns that Shell plans to drill the Mina West-2 appraisal well in Q1 next year to firm-up volumes with first gas potentially by the end of 2026. Operator Shell (60%) and partner, Kuwait state firm Kufpec (40%) had initially ap...
Volume: 68Issue: 30Published at Fri, 25 Jul 2025 -
Kuwait Boosts Capacity At Key Fields
...abia. Kuwait’s oil sector is rebounding from a series of setbacks at the turn of the decade which saw KOC capacity slump from 3.15mn b/d at the end of the 2017-18 financial year in March 2018 to just 2.629mn b/d three years later. KOC capacity is supplemented by around 200,000 b/d from the PNZ – Ku...
Volume: 67Issue: 30Published at Fri, 26 Jul 2024 -
KRG Begins Baghdad Mandated Crude Supplies
...mplex in Erbil. The 60,000 b/d ‘Nineveh refinery’ portion of the refining complex is typically contracted by the ministry of oil to refine Kirkuk crude produced by North Oil Company (NOC), as part of an arrangement first agreed in 2017 (MEES, 24 February 2017). The remaining 90,000-100,000 b/d ‘KAR-1’ an...
Volume: 66Issue: 30Published at Fri, 28 Jul 2023 -
Al Zour Emerges As Qatar’s VLSFO Supplier Of Choice
...th the International Maritime Organization’s 2020 regulation.” Qatar had earlier been forced to quickly develop its bunkering capabilities following the start of the embargo imposed on it by neighboring states between June 2017 and January 2021, with Qatari vessels prohibited from calling at Fu...
Volume: 66Issue: 30Published at Fri, 28 Jul 2023 -
Egypt Blackouts Led By Heatwave, Gas Shortages
...capacity installed in 2018 key to transforming Egypt’s fortunes (MEES, 27 July 2018). These plants were brought online as Cairo’s own gas output was undergoing a resurgence thanks to the December 2017 start-up of the giant 21.5tcf Eni-operated Zohr gas field. Zohr supplies enabled Egypt to ha...
Volume: 66Issue: 30Published at Fri, 28 Jul 2023 -
Kuwait’s Four Year Government Program Gets Little Support
...d 2021/22 (to 31 March 2022), but since September 2017 the government has been unable to raise debt to finance these deficits as parliament has repeatedly blocked the passage of a debt law allowing state borrowing. MPs have largely cited their opposition to the law by saying that instead of bo...
Volume: 66Issue: 30Published at Fri, 28 Jul 2023 -
China Gas: Record Domestic Output & Piped Russian Imports Cut Need For LNG
...erland volumes from Russia since the start up of the ‘Power of Siberia’ pipeline at the end of 2019. For 2021 these volumes hit 10bcm, and deliveries saw a further 63% year on year surge to 7.6bcm for 1H 2022. As such LNG’s share of China’s gas imports has fallen below 60% for the first time since 2017, wi...
Volume: 65Issue: 30Published at Fri, 29 Jul 2022 -
Kuwait’s Emir Appoints Eldest Son As PM
...bt law’s validity ended in October 2017,” Kuwait withdrew “about KD19.8bn” ($65bn) from its General Reserve Fund (GRF). The fund is now almost exhausted (MEES, 28 January). ...
Volume: 65Issue: 30Published at Fri, 29 Jul 2022 -
Saudi Gas Expansion Progress
...A key gas processing expansion project in Saudi Arabia is on track to be completed this year. The 1.07bn cfd Hawiyah gas plant expansion is being developed by Italy’s Saipem under a 2017 contract (MEES, 15 December 2017). Gas shortages mean that Saudi Arabia power and water desalination pl...
Volume: 65Issue: 30Published at Fri, 29 Jul 2022 -
KRG Revenues Up But Dire Finances & Political Disputes With Baghdad Linger
...loitte began auditing the sector in 2017. Once Q2 figures are released they should show a further increase given that oil prices surged in late February following Russia’s invasion of Ukraine and have remained over $100/B for most of the period since. Nevertheless, the Ministry of Natural Re...
Volume: 65Issue: 30Published at Fri, 29 Jul 2022 -
KRG: DNO Blames Ministry Shake-Up For Tawke Slowdown
...minant field and as recently as 2017 was still producing in excess of 100,000 b/d. DNO says that there have been “no new wells coming on production at the Tawke field in more than a year,” and that as a result natural decline has taken its toll, with Q2 output down 19% on a year earlier. DNO says the pr...
Volume: 64Issue: 30Published at Fri, 30 Jul 2021 -
Thailand Crude Imports: UAE Dominant, Mideast Share Squeezed
...*Key southeast Asian crude importer Thailand saw volumes slump 7% year-on-year to 988,000 b/d for 1H 2021, the first sub-1mn b/d first half figure since 2017. *Thailand has seen far fewer Covid-19 deaths than most countries in Europe or the Americas but is currently seeing the hi...
Volume: 64Issue: 30Published at Fri, 30 Jul 2021 -
Thailand LNG: Record Imports, Qatar Dominant
...ar figure of 1.59mn tons, up 72% year-on-year. Qatar’s 1H 2021 market share of 49.8% is the highest on a half-year basis since 2017, with the share hitting 51.4% for Q2 as Qatar supplied a quarterly record 1.04mn tons. *Nigeria and Malaysia were second and third respectively for 1H 2021, wi...
Volume: 64Issue: 30Published at Fri, 30 Jul 2021 -
Egypt Nuclear Plans Knocked Back
...ES, 15 December 2017). The $30bn project has been mainly funded via a $25bn loan from Russia itself. Repayment was due to begin by 2029 when operations at the plant were set to begin but inevitably that has now also been pushed back. Mr Adham says construction will not begin for another 12 mo...
Volume: 64Issue: 30Published at Fri, 30 Jul 2021 -
Iran’s Petropars Wins $1.3bn South Azadegan Contract
...ofile firms were interested in developing South Azadegan (MEES, 29 January 2016). The likes of Total, Shell, Petronas, Inpex and Rosneft (MEES, 8 September 2017) were all linked to the field until the re-imposition of US sanctions nixed Iran’s plans. LOCAL FIRMS STEPPING UP With IOCs unwilling to...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
Algeria Gas Fields Slump
...mpression project doubled output to a record 815mn cfd in 2017. Q2 output was just 493mn cfd (see chart 2). But natural decline doesn’t explain In Salah’s precipitous Q2 slump. Faced with a huge decrease in export demand for its gas (MEES, 26 June), Algeria has been cutting production across a number of ke...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
Iraqi PM Courts Iran & Saudi Arabia
...udi Arabia’s influential Crown Prince Mohammad bin Salman has adopted a more nuanced approach to Iraq however, and has extended an olive branch to Baghdad in a bid to counter Iran’s influence (MEES, 1 September 2017). With Saudi Arabia far better placed than Iran to finance large-scale projects, th...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020