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  1. Genel Reveals Extent Of Its Kurdistan Woes

    ...elds. These fields are essential to the KRG’s plans to export gas to neighboring Turkey. Plans to begin exports by 2017 had already slipped to 2018 last year, and 2019 looks increasingly probable. TAQ TAQ OUTPUT HALVED Genel confirmed that Q3 production at its Taq Taq field averaged 58,600 b/d an...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016

  2. Egypt’s Refiners Struggling To Keep Pace With Products Demand

    ...though gas output has risen to 4.35bn cfd this month, it was at an 11-year low of 3.89bn cfd as recently as May (MEES, 23 September). And Cairo announced a new tender on 24 October for the import of 96 LNG cargoes for delivery in 2017 and 2018, underlining that domestic output is set to remain below de...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016

  3. Iraq’s Tentative Gas Gains Insufficient To Stem Oil Burn Growth

    ...ak of 677mn cfd. The company aims to reach 700mn cfd by end-2016. Iraq had hoped to bring flaring rates down to zero by 2017, but it is now targeting 2020. When asked by MEES on the prospects of this being achieved, Mr Husain admitted that funding problems at BGC are delaying progress at key pl...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016

  4. Green Shoots Begin To Emerge As Oilfield Service Firms See Signs Of Revival

    ...bsgaard highlighted the IEA revising global oil demand upwards for 2017, and Opec’s plans to implement a production ceiling below current output levels at next month’s meeting, as indicators that oil prices could see “upward movements.” But tempering the optimism he says that “visibility remains li...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016

  5. Iran’s Banking Reform Bills Stalled

    ...d will elicit a major tussle with government.  Mohammad Reza Pour-Ebrahimi head of the Majlis Economic Commission said on 22 October that he expects parliament to approve the final draft of a new banking reform bill by the end of the current fiscal year in March 2017. Although a first draft of th...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016

  6. Jordan Raises $1bn New Eurobond As It Bags More Aid

    ...reign grants of JD814mn ($1,148mn). It will also help Jordan carry on with its economic reforms and the restructuring of its debt, he added. The World Bank also has approved an aid package of $1.4bn for Jordan for the period 2017-22 under the Country Partnership Framework (CPF). This package was of...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016