Libya Instability Back With A Vengeance With Half Output Shut In

...untry in fear for their lives. Mr Kabir had, at least until recently, been a well-respected and long-standing governor: almost uniquely among Libyan officials the veteran had been in the post for the whole of Libya’s post-revolutionary period, since 2011. When Mr Kabir’s position came under threat ea...

Libya: Symptoms Of A Failed State

...shed hundreds to the streets this week across key parts of the war-torn country. The overthrow of long-time leader Muammar Gaddafi in 2011 marked the beginning of a series of conflicts that has gradually led to a deep fragmentation of Libya. As a result, the ability of the ‘state’ to cater for the ba...

IAEA Inspectors Return To Iran Sites Amid US Threats

...ternationally until US President Donald Trump unilaterally resumed sanctions in May 2018 – lost patience with Iran over the access issue and adopted a resolution calling for Tehran to “fully cooperate” with the IAEA (MEES, 19 June). Iran began its foray into nuclear power in 2011 with the operation of a 1GW re...

Syria Gas Pipeline Blast

...a Jordan until 2011. The route is now used (in part) to supply Israeli gas to Jordan in the opposite direction (MEES, 1 November 2019). Syria’s gas sector has played a crucial, if oft overlooked, role in President Bashar al-Assad’s successful war effort. The government has managed to keep most ga...

Aramco Eyes Chinese Take-Away From Sabic Purchase

...en increasingly shifting towards Europe, with exports to Asia halving from 734,000 b/d in 20116 to 358,000 b/d last year. Sabic opened a technology center in Shanghai in late 2013 with the aim of becoming the “preferred technology partner” for its Chinese customers. The center is leading Sabic’s de...

Sudans Oil Deal Bears Fruit

...pacity of about 90,000 b/d, but this has not been reached since 2011, and damage to the fields in the intervening years is likely to have reduced production potential. Somewhat more likely is that the five fields could deliver an additional 80,000 b/d but that the gains will come from resources ei...

Turkey Mixes Business & Politics As Qatar LNG Surges

...G customer for 2017. TURKISH GAS IMPORTS (BCM)                                                                                       1H18 v 1H17 % 1H17 2009 2010 2011 2012 20...

Sinai Insecurity: Sisi’s Achilles’ Heel

...cade intended to flush out Sinai-based militants. ‘Operation Eagle’ was launched in August 2011 and ‘Operation Sinai’ a year later but neither have effectively rid the region of militants. The main focus of COS has been around the towns of Arish, Sheikh Zuweid and Rafah, the region in the northeast of...

Oman’s Duqm Development: Dustbowl Or ‘Dubai’?

...ptember opening of a new passenger terminal: it remains to be seen if more flights will materialize.  DUQM SPECIAL ECONOMIC ZONE (PLANNED)   ALL ABOUT THE REFINERY    The Special Economic Zone of Duqm (SEZAD) was established in 2011 to “diversify the national economy.” But recent mo...

Egypt’s Gas Surge Enables Planning Beyond Powergen Needs

...June, demand was a relatively comfortable 69% of output, versus a summer peak of 90% two years earlier. With the summer demand peak now over, no shortages have been reported. With production falling from a record 6.22bn cfd in December 2011 to just 3.89bn cfd in May 2016, Cairo was forced to be...

Algeria Halves Trade Deficit, Thanks To Higher Oil Prices

...200,000t set in 2011 (2017, with 190,000t, was just shy of the record) Elsewhere in Asia, Korea has yet to fall for Algerian LNG with just two cargoes imported for 2017 and none so far in 2018. But the country’s import stats for the first seven months of 2018 showed that it took 40,600 b/d of Al...

Iran: Rohani Under Fire As Economic Pressure Mounts

...esidents are no stranger to second term woes and Mr Rohani will have to strive to eclipse the drama of his predecessor’s efforts. Mr Ahmadinejad’s relationship with Supreme Leader Khamenei collapsed in 2011 after the latter re-installed a sacked intelligence minister against his will, prompting the pr...

Key Syria Oil Field Restarts

...tput at 5,000 b/d, but without extensive investment substantial production gains are unlikely. The Al Furat fields, which produce Syrian Light crude hit 400,000 b/d in the late 1990s due to water injection but had already fallen to 91,600 b/d by the outbreak of war in 2011 (MEES, 16 May 2011) – and Ta...

UK Gas Imports From Qatar Fell To 0.79bcm For 2q18, Lowest Since 1q 2009 And A Far Cry From 2011 When The Uk Was #1 Customer

Saudi Oil Inventories (Mn Barrels): Crude Stocks At Lowest Level Since 2011; Total Oil Stocks Down 100mn Bls (24%) From 2015 Peak

The Only Way Is Down For Algeria’s Trade Balance

...cord surpluses of over $20bn for 2011 and 2012 (see table). And MEES analysis suggests that the situation is going to get worse with the country on course to rack up a $20bn deficit for the year as a whole. The collapse of Algeria’s trade balance is inevitable given the slump in global oil pr...

Saudi Shrugs Off Calls For Action Over Oil Price, Revenue Collapse

...rn Libya (down 88% from 2012), Algeria has seen its revenue halve since last year. Takings are down 60% from their 2011 peak, with volumes as well as prices on the slide (see p6). This points to another way in which these MEES back-of-the-envelope calculations could underestimate the slide in co...

Iran Mulls Offering South Pars To IOCs As Opening Delayed

...ll behind schedule, whilst oil production and exports are now running at just two-thirds, and one half of 2011 levels respectively. But, as Iran continues its diplomatic push towards an agreement with the P5+1 (the five permanent members of the UN Security Council – the US, UK, France, China and Ru...

Israel Refineries Hit Throughput Record, Diesel Exports Boom

...14 1H13 ‘000 b/d ***% 2013 2012 ‘000 b/d ***% 2011 2010 2009 20...

GTL Back On The Radar For Mideast Downstream Planners

...2006 Qatar Shell/QP Pearl GTL, Ras Laffan 140 2011 Pr...