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Noble, Delek Advance Israel-To-Egypt Gas Hopes With $518mn Pipeline Deal
...s shortfalls in Egypt made the continued supply of gas to Israel increasingly contentious. Egypt tore up the deal and put the minister who inked it, Sameh Fahmy, on trial in the wake of the February 2011 revolution (MEES, 14 March 2011). This led to damages claims from both the EMG’s then sh...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
Assad Looks To Rebuild As Syria War Enters Final Act
...ntroled output fell to 7,700 b/d in early 2016, from 387,000 b/d in Q1 2011, just before the outbreak of war. Given that oil exports accounted for 30% of revenues ($4.1bn) in 2010 and bolstered foreign currency reserves, linking fields in the east with downstream infrastructure in the west has re...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
Egypt Receives Gulf Aid But Qatar Backs Off
...fered Egypt following the 3 July coup (see table). Regional Aid To Egypt Since 2011 Revolution ($Bn)* Mursi Rule (2012-13) 12.75 Qatar 6** Saudi Ar...
Volume: 56Issue: 39Published at Fri, 27 Sep 2013 -
Sudans Hopeful Of Border Dispute Resolution Ahead Of Ethiopia Summit
...aring of oil revenues, the position of the 1,800km border, and the division of national debt (MEES, 11 July 2011). News of the summit surfaced on the back of some comments by a Western official in which he suggested the two sides had made significant progress towards a more complete agreement to...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
New EU Sanctions Aimed At Iran’s Gas Industry
...ports. Washington is also set to renew (India) or grant (South Korea) waivers because these major Asian buyers have also limited their year-on-year crude imports from Iran by at least 20%. The steepest decline recorded so far is from Japan which has cut them by almost 40% from 2011 levels. Only China has so...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
India’s Caspian Move Counters Lost Iranian Crude Imports
...oduction in 2011 and would help the Indian company reach its medium-term goal to increase output from 8.75mn tons of oil equivalent (toe) in 2011 to 20mn toe in 2018. It would also expand ONGC’s reserves by 9%. Quid Pro Quo ONGC said the purchase “bears significant strategic importance to In...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012