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Eni 30tcf Egypt Gas Find A Game-Changer For East Med Energy Market
...pply four LNG cargoes via Jordan’s ‘Aqaba import terminal – that is to say via a reversal of the pipeline that until 2011 supplied Egyptian gas to Jordan. Two cargoes will arrive September and two in October with Shell supplying two cargoes and Vitol and Trafigura, who have already signed-up to import mo...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Minister Outlines Iraq’s Power Sector Woes As IMF Warns On Rising Subsidies
...ys there has been a shift in the structure of Iraq’s electricity consumption in recent years. In particular, the share of government and public sector consumption has risen to 32% in 2014 from 23% in 2011. Meanwhile, industry’s share of consumption has fallen to 17% in 2014 from 25% in 2011. Ho...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
August OPEC Production: Output Falls For First Time In Six Months
...n b/d above the 30mn b/d output ceiling in place since December 2011, and close to 2.4mn b/d above what the IEA has estimated as global demand for Opec crude in 2015. The biggest individual decrease in August came in Iraq, which along with Saudi Arabia has been one of the main drivers of Opec’s pr...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015