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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 -
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 -
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 -
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 -
Kuwait’s Ailing Emir
...gional level, Emir Sabah’s rule has been characterized by his active role as a mediator in local disputes. Perhaps the most pertinent recent example is his – so far unsuccessful – efforts to broker an agreement between Qatar and Saudi Arabia, UAE and Bahrain since the start of the June 2017 embargo (ME...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
Iraq Water Crisis Highlights Baghdad’s Impotence
...facing desertification in varying degrees.” That neighboring Turkey—the source of both the Tigris and Euphrates rivers—experienced its driest year in four decades in 2017, has merely exacerbated the already dire situation. POLITICAL CRISIS Baghdad is well aware of the investment ne...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Libya Election Timetable To Slip Further Amid Factional Divisions
...ppen by December,” says a former ambassador to Tripoli, “but they are the least bad option as long as they are properly prepared. The challenge is for them to be genuine without being divisive.” The aim for elections to be held this year was first set at a Paris meeting on 25 July 2017 hosted by Fr...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Gulf Choke Points Brought Into Focus As Iran, US & Saudi Ramp Up The Rhetoric
...se for Abu Dhabi’s 6mn t/y of LNG exports, as well as modest but growing LNG imports by Kuwait and Dubai. In total 81mn tons of Gulf LNG exports passed through the channel in 2017. From the perspective of importers, China the global number one oil importer, took 35% of its 2017 crude and co...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Suez Canal Revenues, Crude Trade At Record Highs: Calm Before The Storm?
...lied on the canal for 12% of its 2017-18 revenue) is the threat to traffic via the Bab al-Mandab straights at the southern end of the Red Sea. Almost all Suez Canal traffic must also pass the Bab al-Mandab. A Saudi Aramco decision on 25 July to halt its shipments via the strait after two tankers we...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Libya Looks To Corral IOCs Into Activity Boost
...ntinues to aim for more ambitious targets set out early in the year, and in particular to ramp up output to 1.25mn b/d by the end of 2017 (MEES, 10 February). With this in mind, NOC chief Mustafa Sanalla is doing what he can to encourage companies already operating in Libya to continue to boost pr...
Volume: 60Issue: 30Published at Fri, 28 Jul 2017 -
International Donors Provide Fresh Funds For Countries Hosting Syrian Refugees
...ceive JD810mn ($1.14bn) in foreign grants. This is less than the JD890mn ($1.25bn) it received in 2015 and appears conservative (MEES, 25 March). The World Bank this month announced a new aid package of $1.4bn for Jordan under its Country Partnership Framework (CPF) over the six-year period 2017-22. An...
Volume: 59Issue: 30Published at Fri, 29 Jul 2016 -
Nuclear Deal Breathes New Life In To Iran-Pakistan Gas Pipeline Project
...2017 Though the Iranian segment of the line has been complete for close to two years, work on the 800km Pakistani side came to a standstill soon after it began back in March 2013, with Pakistan citing both financial and political constraints. The threat of sanctions from the US for its in...
Volume: 58Issue: 30Published at Fri, 24 Jul 2015 -
Jazan Development: Saudi Aramco Sprints To The Rescue
...nopec 400 Jazan (2017) 100 400 End-2017 Domestic 3,305 Port Arthur, US 50...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014