- Sort by:
- Score
- Published ▼
-
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 -
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 -
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 -
Egypt’s Midor Refinery: Force Majeure Sets Back Expansion
...5,000 b/d in early 2017 with the addition of a pre-flash tower. These gains appear to be included in the 60,000 b/d increase to primary distillation capacity claimed for the ongoing work given that Midor equates the 60,000 b/d increase to a 60% hike, whilst key contractor Technip gives 100,000 b/d and 16...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
Oman Cuts Deficit, But Oil Dependence Remains
...llowing several years of troubling fiscal developments, Oman looks to have finally caught a break. Preliminary figures from the government’s National Center for Statistics and Information (NCSI) indicate that the sultanate ran a $6.9bn (OR 2.65bn) deficit in 2018, down from $9.8bn in 2017 and co...
Volume: 62Issue: 30Published at Fri, 26 Jul 2019 -
Iran Appoints New Central Bank Chief: Mission Impossible?
...is capital flight is indeed alarming as it represents some 60% of Iran’s oil export revenue of $65.8bn for that year. According to the CBI, Iran posted a budget deficit of $8.2bn in 2017-18 and this will likely rise further if oil exports are cut under renewed US sanctions (MEES, 20 July). DI...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
IMF Cuts Saudi Growth Forecast, Warns On Global Trade Headwinds
...The IMF is relaxed on the economic outlook for the two largest GCC economies, Saudi and the UAE. But rising global protectionism presents a left-field risk. The latest IMF forecasts downgrade Saudi growth for 2017 to just 0.1% (from 0.4% three months earlier) and to 1.1% (from 1.3%) for 20...
Volume: 60Issue: 30Published at Fri, 28 Jul 2017 -
Saudi $4.5bn Debut Domestic Sukuk
...198bn ($53bn) in 2017, down from the record figures of $79bn and $96bn in 2016 and 2015 respectively (MEES, 6 January). The actual deficit at SR26bn in Q1 was well below the SR50bn implied by the 2017 budget. However Q1 figures were buoyed by oil prices which averaged $54.6/B (for Brent); they were ar...
Volume: 60Issue: 30Published at Fri, 28 Jul 2017