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Israel’s Bazan Refinery Repair Work Extends Into Q4
...8,500 b/d, which was the lowest since 2017, according to Kpler (see chart 3). Supplementing the crude supplied to the two refineries, Israel also imports around 10,000 b/d of vacuum gasoil (VGO), which is used in the refining process and mainly sourced from Russia. Israel stopped importing crude from Ru...
Volume: 68Issue: 34Published at Fri, 22 Aug 2025 -
Saudi Refined Products Exports Soar Amid High Margins
...rir) averaged 325,000 b/d last quarter according to Kpler, the highest such figure in records back to 2017. 1: SAUDI OIL BURN LEVELS ('000 B/D) IN 2025: VOLATILE, BUT AVERAGING BELOW RECENT YEARS *CRUDE PLUS FUEL OIL CONSUMPTION. PRESUMES ALL FUEL OIL BURNED IN POWER PLANTS (SOME IS USED AS...
Volume: 68Issue: 34Published at Fri, 22 Aug 2025 -
Egypt Gas Slump Continues With IOCs & Cairo In Payments Standoff
...2). Gas output fell to 5.01bn cfd for Q2, with this and the latest monthly figure of 4.923bn cfd for June the lowest respective figures since early 2017’s start-up of BP’s key West Nile Delta project which was followed by that of Eni’s giant Zohr field at the end of the year (see chart 1). The co...
Volume: 67Issue: 34Published at Fri, 23 Aug 2024 -
Oman: Sohar Refinery Back Online
...at predate the plant’s expansion in 2017 (MEES, 17 February). Due to the outage, OQ was forced to sell 1mn barrels of crude on a prompt tender to load at the end of the month, according to Reuters (MEES, 9 August). A trading source says that the impact was limited and only affected gasoline ex...
Volume: 67Issue: 34Published at Fri, 23 Aug 2024 -
Tunisia’s Oil & Gas Output Falls Amid IOC Disinterest
...thout considering the firm’s limited technical capabilities. For Shell, the exit has been a long-time coming. It has only reluctantly operated in Tunisia since being landed with Miskar and Hadsrubal through its 2016 takeover of BG Group. It tried and failed to sell the assets for $500mn in 2017 (ME...
Volume: 65Issue: 34Published at Fri, 26 Aug 2022 -
Anbar Power Plants To Build Case For Akkas Gas?
...lamic State terrorist group and was only re-captured in 2017 by government forces. But the price was the extensive destruction of the facility. The Ministry awarded another $82mn for reconstruction work which has been led by a local Iraqi contractor since at least 2020. The plant’s first 125MW unit wa...
Volume: 65Issue: 34Published at Fri, 26 Aug 2022 -
Libya Oil Revenues Soar But Still Short Of Central Bank Target
...VENUES* AT $11.6BN IN THE FIRST SEVEN MONTHS OF 2021 ARE ALREADY DOUBLE THE FULL YEAR 2020 FIGURE OF $5.9BN *CBL 'OIL REVENUE' NUMBERS USED BETWEEN 2011 AND 2017 DUE TO ABSENCE OF NOC DATA. ^INCLUDES GAS EXPORT REVENUE, PRODUCTS SALES. ^^INCLUDES SMALL VOLUMES OF CONDENSATE. SOURCE: OPEC ASB, CB...
Volume: 64Issue: 34Published at Fri, 27 Aug 2021 -
Egypt Expediting West Med Drill Plans
...e country’s gas production. It has been a meteoric rise for the region after output bottomed out in Q1 2017 at just 38.1% of the national total. Output was first given a boost by BP’s 5tcf West Nile Delta project, when the Phase 1 Libra and Taurus fields came online in May 2017 (MEES, 12 May 2017...
Volume: 63Issue: 34Published at Fri, 21 Aug 2020 -
Jordan Moves Towards Electricity Hub Role With Saudi, Iraq Deals
...ans to also integrate with Iraq and potentially Syria in the future. Jordan’s transmission grid is already integrated with Egypt and the West Bank. No timeframe for the work has been provided and the idea of such a connection is longstanding. A similar MoU was signed in 2017, after Jordan’s el...
Volume: 63Issue: 34Published at Fri, 21 Aug 2020 -
Barakah 1 Reactor Connected To UAE Grid
...it 1 operators, preventing FANR from awarding an operating license to Nawah, which saw Barakah 1 start-up delayed from 2017 (MEES, 12 May 2017). Enec recently announced the completion of construction of Barakah’s Unit 2 and says that operational readiness preparations are now under way by Nawah. Me...
Volume: 63Issue: 34Published at Fri, 21 Aug 2020 -
Kuwait Faces Cash Crunch As Oil Crisis Bites
...ere is a high turnover of governments. One key piece of legislation which the government has tried and failed to get through parliament in recent years is a new debt law (MEES, 16 June 2017). Until this is passed, Kuwait is unable to emulate fellow GCC states and borrow in order to meet the budget de...
Volume: 63Issue: 34Published at Fri, 21 Aug 2020 -
Saudi Oil Sector Creaking Amid Heavy Opec Cuts And Summer Demand
...nce 2017, according to the latest data released by Jodi covering the first half of the year. This is hardly a surprise considering that Saudi Arabia’s crude production has itself been cut to multi-year lows through Opec’s efforts to rebalance global markets. Saudi Arabia’s reported crude pr...
Volume: 62Issue: 34Published at Fri, 23 Aug 2019 -
Egypt Solar Soars Thanks To Booming Benban Output
...lar park is a major contributor, along with three giant combined cycle gas turbine (CCGT) plants with a combined capacity of 14.4GW developed by state utility EEHC and brought online in 2017-18, in ensuring that Egypt’s installed generating capacity is more than sufficient to meet anticipated peak el...
Volume: 62Issue: 34Published at Fri, 23 Aug 2019 -
Kuwait’s Delayed Refining Projects Set To Slip Further
...21. ^SHUT DOWN END-MAR 2017. SOURCE: KNPC, MEES. KUWAIT REFINED PRODUCTS OUTPUT (000 B/D) *INCLUDES OUTPUT FROM GAS PROCESSING PLANTS. SOURCE: JODI. Al ZOUR RETHINK Kipic, which is building a new refinery as well as integrated petrochemicals units and an LNG im...
Volume: 62Issue: 34Published at Fri, 23 Aug 2019 -
Aramco Restarts Malaysia CDU
...efChem partners have also begun processing imported naphtha to test the project’s 1.2mn t/y cracker (MEES, 5 July). Aramco paid Petronas $7bn for a 50% stake in PrefChem in February 2017, at which time it was called the Refinery and Petrochemical Integrated Development (Rapid) project. The deal enables Ar...
Volume: 62Issue: 34Published at Fri, 23 Aug 2019 -
Saudi Arabia 2Q19 Oil Data: Output Down, Exports Down, Burning Up
...CHANGES EXPRESSED IN PERCENTAGE POINT TERMS WHERE ORIGINAL FIGURES ARE PERCENTAGES. *EXCLUDES FIELD LPG (650-700,000 B/D). **NAPHTHA REFINERY OUTPUT INCLUDED IN 'OTHER PRODUCTS TO DEC 2017 (479,000 B/D FOR 2017). ^PRESUMES ALL FUEL OIL CONSUMPTION IS BURNT IN POWER PLANTS. SOURCE: JO...
Volume: 62Issue: 34Published at Fri, 23 Aug 2019 -
Aramco Advances Gas Development Agenda As IPO Plans Fade Further
...Saudi Aramco highlights prioritization of gas development and enhanced flexibility in the firm’s 2017 Annual Report. Few words were reserved for the planned IPO, hardly a surprise as the long-suffering process appears to have finally been killed off. Saudi Energy Minister and Aramco Ch...
Volume: 61Issue: 34Published at Fri, 24 Aug 2018 -
Chevron’s Basra Deal
...chnical services contract (TSC) which have deterred foreign firms’ interest for years (MEES, 22 September 2017). Iraq Oil Report writes that the agreement will see Chevron study and potentially increase production at Luhais, Tuba, and Subba fields—all of which are state-run. BOC-operated Luhais and Tu...
Volume: 61Issue: 34Published at Fri, 24 Aug 2018 -
Libya: Fractured Institutions Fail To Distribute Oil Revenue Gains
...e 10,000 b/d Hamada field in the southwest. Production from the Eni-operated El Feel (Elephant) field is back at current capacity of around 77,000 b/d having been shut since 23 February due to a dispute over salaries (MEES, 10 November 2017). Libya’s largest oil concession, comprising the Sh...
Volume: 61Issue: 34Published at Fri, 24 Aug 2018 -
Libya’s Ongoing Institutional Splits
...y 2017). The HOR recognizes Ali Shamekh as LIA head. Libyan Audit Bureau (LAB) • Increasingly significant in setting and monitoring economic policy in Libya, particularly in light of the stand-off between the PC and HOR. Cooperation between the bodies is essential to efforts to turn ar...
Volume: 61Issue: 34Published at Fri, 24 Aug 2018