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Iraq Touts Gas Export Ambitions Despite Severe Shortages
...rectly supply IOC-operated power plants. This is especially the case at the Eni-operated 500,000 b/d Zubair field, where a 2014-built 700MW gas-fired plant is “using gas that is rich in LPG and condensates for power” according to a source. As per article 10 of Eni’s Technical Services Contract for Zu...
Volume: 66Issue: 39Published at Fri, 29 Sep 2023 -
Iraq’s Karbala Refinery Hits Full Capacity Despite Unresolved Technical Issues
...nancial delays that have afflicted other capital projects in Iraq, not least the Karbala refinery itself which was awarded almost a decade ago (MEES, 10 January 2014). A much-delayed 2015 project to add a new 70,000 b/d CDU at the 350,000 b/d Basrah Refinery is now slated for end-year completion, af...
Volume: 66Issue: 39Published at Fri, 29 Sep 2023 -
Oman Wields Oil Profits To Slash Debt In Fiscal Reform Push
...in shocks of the 2014-15 oil price crash and then the Covid-19 pandemic, the recently enthroned Sultan Haitham bin Tarik Al Said at the end of 2020 moved ahead with a series of reform packages to reorient the national economy (MEES, 17 September 2021). Oman is now more than halfway through the Medium Te...
Volume: 66Issue: 39Published at Fri, 29 Sep 2023 -
Egypt Presidential Elections
...untry’s current financial turmoil that has seen it turn to the IMF, World Bank and its Gulf allies for financial assistance (MEES, 24 March). President Sisi was first elected in 2014 following the ouster of Muslim Brotherhood-backed President Mohammed Morsi, and was re-elected with 97% of the vote in 20...
Volume: 66Issue: 39Published at Fri, 29 Sep 2023