1. Chinese Takeover For Cash-Strapped Kuwait Energy

    ...ergy (KEC)—a Bahrain-headquartered privately-held firm whose financial struggles have hampered development of its promising portfolio. The deal would be UEG’s second largest to date since entering the upstream sector via the 2011 acquisition of BP’s Pakistan assets for $775mn. Pakistan accounted for al...

    Volume: 61
    Issue: 39
    Published at Fri, 28 Sep 2018
  2. LNG Prices At Four-Year High Amid Soaring Demand

    ...port record of 88.45mn tons set in 2014 will ever be surpassed. Japan’s record years for LNG imports came in the wake of the 2011 Fukushima nuclear disaster. The continued, albeit extremely gradual, restart of the country’s nuclear fleet combined with overall stagnant-to-falling Japanese energy de...

    Volume: 61
    Issue: 39
    Published at Fri, 28 Sep 2018
  3. 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: 61
    Issue: 39
    Published at Fri, 28 Sep 2018