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  1. Saudi Reserves Steady

    ...The Saudi Arabian Monetary Authority’s net foreign asstes were $501bn as of end-July, down $5bn (1%) from the end June figure but up a touch from the $495bn year-ago level. Having peaked at $746bn in August 2014, Saudi reserves lost 35% over the following three years but have stabilized since mi...

    Volume: 61
    Issue: 36
    Published at Fri, 07 Sep 2018

  2. Algeria Gas Hopes Dashed As Touat Start-Up Pushed Back To 2019

    ...nalized development plans for oil and gas discoveries it has made on the El Assel block (236b) in Algeria’s Berkine Basin. Gazprom was awarded the block in 2008 (MEES, 22 December 2008). It drilled six exploration wells between 2010 and 2014 making a mix of oil and gas discoveries. It then firmed th...

    Volume: 61
    Issue: 36
    Published at Fri, 07 Sep 2018