1. East Med Gas Development: Pipeline Politics Drive Floating Solutions

    ...cosia. Mindful of the geopolitics, Eni (80%) and its partner Kogas (20%) have indicated that they would favor floating LNG (FLNG) for any discovery: the same partnership is already well advanced in pushing FLNG as a solution offshore Mozambique. For Cyprus’ only existing discovery – the 5 tcf 2011 Ap...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  2. Suez Canal September revenue Dips Following Record august

    ...rth         ‘000t % ‘000t % 2014 2013 2013 2012 2011 2010 Petroleum To...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  3. IOCS In Tunisia Look To Bureaucratic Debottlenecking

    ...tput since 2010. The aftermath of the 2011 revolution that toppled Ben Ali, saw substantial political instability, as a first government had to make way to a caretaker administration. As a result, exploration rights were not granted, and exploration and production permits not renewed, a serious bl...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  4. Russia Denies Syria $1bn

    ...plemented by Russian companies. Russia has provided Syria with economic and military aid, as well as political support, since the beginning of the uprising in Syria in early 2011. In particular, together with Syria’s other strategic ally, Iran, it has provided Syria with oil products. Russian credit to...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  5. GCC Countries Face Up To Falling Oil Prices

    ...porters: Fiscal Breakeven Oil Price ($/B, IMF Estimates)   2011 2012 2013 2014* 2015* Algeria 109.7 12...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  6. GCC Ramps Up Aid

    ...ve been hard hit by the ongoing economic malaise in the EU, traditionally both the largest source of investment and their key export market. Lebanon and Jordan have been hit by spillovers from the war since 2011 in neighboring Syria. Though overall official external aid to these countries has mo...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  7. Saudi Arabia: More Refining, More Burn, Less Exports (% Share Of Crude Production)

    ...cond 400,000 b/d plant, Yasref, starting up in late September. >  Increased domestic refining has cut into the crude volumes available for export: crude exports at 6.66mn b/d were the lowest since March 2011. >  Direct crude burning fell by 130,000 b/d to 770,000 b/d in August. But year-to-date vo...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014
  8. Benchmark Crude Prices ($/B)

    ...12 2011 WTI 81.12 81.76 82.96 93.13 95.95 97.25 103.00 98.03 94...

    Volume: 57
    Issue: 44
    Published at Fri, 31 Oct 2014