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Libya’s Gas Export Dreams Face Hard Reality
...art 1). The figure is dangerously close to 2011’s all-time low of 215mn cfd when production and exports were shut in for long periods during that year’s revolutionary turmoil. Libya’s sales gas output rose marginally last year to 1.2mn cfd, but this is still more than 20% below 2010’s record of 1.55mn cf...
Volume: 65Issue: 48Published at Fri, 02 Dec 2022 -
Libya’s Road To 2mn b/d: Stability Is Key
...y topic dominated discussions above all others: the need for stability. “If stability can be granted, I think Libya can move ahead very quick,” says Wanis Elruemi, country manager for Eni which is Libya’s top foreign producer. The fall of Muammar Gaddafi in 2011 and the subsequent fr...
Volume: 64Issue: 48Published at Fri, 03 Dec 2021 -
Shell Return To Libya?
...sets in Libya and quit its exploration acreage in 2012 citing “disappointing” results from an “extensive seismic and drilling campaign” (MEES, 4 June 2012). It was drilling its fifth exploration well out of a planned 18 when revolution hit in early 2011. Shell did however make a point of stressing that th...
Volume: 64Issue: 48Published at Fri, 03 Dec 2021 -
Libya’s Waha Ramps Up Output To 260,000 b/d But Challenges Lie Ahead
...ports its crude, is down to 1.5mn barrels from 6mn barrels prior to Libya’s revolution in 2011, according to Mr Ammar. Storage tanks were destroyed during the fighting in 2011 and after it resumed in 2014. This is not hampering current production, said Mr Ammar, but could become a problem should output fr...
Volume: 60Issue: 48Published at Fri, 01 Dec 2017 -
Kuwaiti Opposition Gains Further Threaten Government Energy Policy
...me. Government was dissolved following the election and the Emir will appoint a new prime minister shortly. Shaikh Jabir Al Sabah has held the post since December 2011 and his reappointment remains the likeliest option. The premier will then be asked to form the new government. A key barometer will be wh...
Volume: 59Issue: 48Published at Fri, 02 Dec 2016 -
The Political Implications Of Iraq’s Mosul Offensive
...OCKS Baeshiqa is also one of six blocks in disputed areas where the KRG controversially awarded US major ExxonMobil production sharing agreements (PSAs) in 2011, along with the nearby al-Qush to the north west (see map and MEES, 21 November 2011). Slap bang between al-Qush and Baeshiqa is the Jabal Ka...
Volume: 59Issue: 48Published at Fri, 02 Dec 2016 -
Iran Oil Exports To Rise In 2015 Despite Nuclear ‘No-Deal’
...wn, averaging less than 1.3mn b/d for the first ten months of 2014 (including condensate), versus 2.53mn b/d in 2011 (see graphs). Condensate Boost Speaking in Vienna this week, Iran’s Oil Minister Bijan Zanganeh said that despite the sanctions, Iran is still targeting an increase in exports ov...
Volume: 57Issue: 48Published at Fri, 28 Nov 2014 -
The Geneva Nuclear Accord And Iranian Oil
...ude oil exports, as the US will not demand that buyers of Iranian crude reduce imports further. Sanctions have cut Iranian oil exports to an average of just 1.1mn b/d for the first nine months of 2013, down 55% on 2011. The signature of the Geneva agreement probably means that the US State Department wi...
Volume: 56Issue: 48Published at Fri, 29 Nov 2013 -
Kuwait’s Political Instability Worsens
...nstitutional Court about the elections, and a ruling is expected on 27 November. The court overturned earlier this year a 2011 decree by the Amir that allowed elections in February 2012, triggering the latest political crisis. When the ‘Arab Spring’ uprisings started Kuwait’s government gave cash ha...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012