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Putin Mideast Tour Shows Off Russia’s Expanded Regional Influence
...esident Vladimir Putin’s first visit to Saudi Arabia in more than a decade and followed King Salman becoming the first Saudi monarch to visit Russia in 2017 (MEES, 6 October 2017). President Putin referenced that historic trip upon arrival in Riyadh on 14 October: “your first ever visit to Russia in Oc...
Volume: 62Issue: 42Published at Fri, 18 Oct 2019 -
Syria: Gas Output At 75% Pre-War Levels, Oil Recovery Lags
...e third day to repair,”a senior manager at one of Syria’s state oil firms tells MEES. “So today, even with the damage suffered, I can assure you that our network is good and operating at full capacity.” Islamic State militants blew up the Hayan plant in early 2017. Repairs there are currently on...
Volume: 61Issue: 42Published at Fri, 19 Oct 2018 -
Iraq’s Kirkuk Deployment Reshapes KRG’s Oil Sector
...sesses the situation. KRG’S LOST KIRKUK OUTPUT NEARLY HALVES PRODUCTION ('000 B/D) *CURRENT OUTPUT. ^OPERATED BY IRAQ’S NORTH OIL COMPANY SINCE 16 OCTOBER 2017. SOURCE, MNR, COMPANY STATEMENTS, MEES. PREPAYMENT OBLIGATIONS ADD COMPLEXITY Unless the KRG opts to slash already low re...
Volume: 60Issue: 42Published at Fri, 20 Oct 2017 -
On Iran, Trump Opts for Uncertainty
...the first five months of the current fiscal year (from 21 March), which itself is insufficient (MEES, 20 October). EU CRUDE SALES PROVIDE ESSENTIAL RELIEF Iranian crude sales have risen around 15% in 2017 according to the government’s submissions to the Riyadh-based Jodi institute. Crude ex...
Volume: 60Issue: 42Published at Fri, 20 Oct 2017 -
Kuwait Dissolves Parliament Amidst Subsidy Reform Uproar
...sing oil prices. For the current financial year, which ends in March 2017, oil revenues are on course to total $43bn, $10bn above budget. Kuwait Export Blend crude averaged just $34.35/B in the first half of the year but rose to $41.49/B in Q3, just $6/B below the previous year. With Kuwaiti ex...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016 -
Iraq Progresses With Giant Gas-Fired Plant, But Where’s The Fuel?
...heduled for start-up in August 2017. However, this schedule appears overly optimistic, given the dire security problems in Iraq and the government’s already overstretched budgets for its ambitious oil, gas and power projects. Fuel availability is also a major issue for the Bismaya project as things st...
Volume: 58Issue: 42Published at Fri, 16 Oct 2015 -
Iraq’s New PM Acts To Root Out Corruption
...e third phase of production to take capacity to a plateau of 400,000 b/d by 2017 as per the amended TSC. The work will include a third production unit including four oil/gas separation plants, four storage tanks and water treatment facilities. PetroChina’s partners in the Halfaya development are Pe...
Volume: 57Issue: 42Published at Fri, 17 Oct 2014