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Egypt Enjoys Unexpected Bid Round Success
...om adapting its prices, Egypt also appears to have overcome the political volatility the aftermath of the Arab Spring in 2011. The protests following the ouster of President Muhammad Mursi and his Muslim Brotherhood government by the army last year were quickly suppressed, and this June’s election of mi...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
New Japan LNG Exchange May Prove Disruptive In Key Qatari Market
...G prices are typically several dollars per mn BTU cheaper (see table). Since the earthquake and resultant tsunami and disaster at the Fukushima Daiichi nuclear plant in 2011, Japan’s role in the global LNG trade has shifted dramatically: Japan was already the largest LNG market prior to the in...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Solar Gets Key Financing Boost, But Much More Needed
...vestment since 2011, committing $590mn to date. Other World Bank investment in the MENA region targets economies hit by the Arab Spring, which need urgent structural reforms to break the vicious circle of slow growth and political instability. Oil importers Egypt, Tunisia, Jordan and Lebanon in particular ha...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Egypt Eyes 2016 Start For 650MW Suez Plant
...censing round suggests the country’s ailing gas sector will soon get a much-needed boost, even if exploration takes off it will take years for this to feed through into significantly higher output (see p2). Egyptian gas output has fallen consistently since the ‘Revolution’ of early 2011, hitting a 9-year lo...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Airstrikes Hit Syria’s Murky Wartime Oil And Gas Sector
...e entry of US-led coalition warplanes into the Syrian melee. In fact, Syria suffered from years of decline in its oil sector even prior to the outbreak of war in 2011, which then reduced oil and gas production to a mere trickle. Declining oil revenues helped put Syria on the path to civil unrest an...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Kuwait Boosts Surplus Despite Falling Revenue
...% 2011-12 REVENUE 31.81 32.00 -0.19 -0.6 18.10 +13.71 +75.8 30...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Is Iran’s Economy Turning The Corner?
...Raghfar added that the key drivers to generate real growth are increased output, improved productivity and higher efficiency in the economy. This growth should also be able to create new employment opportunities. Inflation Falls To 21%, Lowest Since 2011 On the inflation front the news is al...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Benchmark Crude Prices ($/B)
...12 2011 WTI 91.01 92.26 93.54 93.13 95.95 97.25 103.00 98.03 94...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014