- Sort by:
- Score
- Published ▼
-
Turkmenistan And China Expand Long Term Gas Deal
...ntral Asia-China gas export system. Turkmenistan is expected to supply up to 15 bcm of Turkmen gas to China in 2011. The agreement, one of 14 intergovernmental pacts signed during a visit by Turkmen President Gurbanguly Berdymukhamedov to Beijing, calls for Turkmengaz to increase over an unspecified ti...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
Egypt Resumes Gas Delivery To Jordan And Israel
...out 20% of contracted levels on 19 November. Supply disruptions have resulted in Israel failing to receive gas from Egypt for about 230 days so far during 2011. Israel is facing a shortage of gas supplies during 2012 (MEES, 24 October) and is in the process of developing the offshore Tamar gas fi...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
AMF Signs $470Mn Loan Agreement With Egypt
...Middle East Economic Survey VOL. LIV No 48 28-Nov-2011 EGYPT AMF Signs $470Mn Loan Agreement With Egypt The Arab Monetary Fund (AMF) will lend Egypt $470mn to support the country’s budget deficit in 2011-12, under a loan agreement signed on 16 November. The first tranche of th...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
Minister Advises Iranians To Avoid Foreign Exchange And Gold
...change as inflation continued to edge upwards since the implementation of the subsidy reform plan in December 2010 (MEES, 27 December 2010). The latest year-on-year inflation rate for the month of October rose to 19.1% according to the CBI, up from 10.8% in January 2011 (MEES, 14 November, 7 Fe...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
NEPCO And Chinese Company Sign MOU For Shale Oil Power Plant In Jordan
...rdan is keen on developing domestic sources of energy as it depends to the tune of around 90% on imports to meet its needs. The repeated disruption in Egyptian gas supplies to Jordan in 2011 because of the sabotage of the Arab Gas Pipeline (AGP) has denied Jordan a cheap source of energy to ge...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
S&P Lowers Jordan’s Long Term Local Currency Rating
...firmed the short term local currency rating at B. The outlook was said to be negative. The rating agency also affirmed the kingdom’s BB/B long and short term foreign currency sovereign credit ratings. An S&P statement said: “Like many other Arab countries in 2011, Jordan is under public pressure to me...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
IMF Says Lebanon’s Economy Picking Up With Projected Growth Of 3-4% In 2012
...Middle East Economic Survey VOL. LIV No 48 28-Nov-2011 Lebanon IMF Says Lebanon’s Economy Picking Up With Projected Growth Of 3-4% In 2012 Latest indicators about Lebanon’s economy are pointing to some pick-up in activity, with growth projected at 1-2% in 2011, well be...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
TPAO And Shell Sign Farm-In Accord For Offshore Antalya Blocks
...til 2023. He said total energy demand during 2011 is expected to total 125-130mn tons of oil equivalent....
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
TAQA’s $9Bn Note Program Secures A- Rating From S&P
...turity of about Dh5bn ($1.5bn) due in October 2012, taking advantage of the current low interest rate environment. The current rating on TAQA factors in a small benchmark issuance under the program in the last quarter of 2011. S&P said it rates the MTN program one notch below TAQA’s corporate credit ra...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
Nexen Confirms Exit From Yemen’s Masila Oil Field
...cense for the field. “Nexen reports that it has been informed by the government of Yemen that its application to extend the production sharing agreement (PSA) on Block 14 (Masila) has not been accepted,” the company said in a statement. “As a result, the PSA will expire on 17 December 2011. The bl...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
EIB Grants €500Mn Loan For Algeria-Spain Gas Pipeline
...nancing amounting to €3.7bn in the Mediterranean between 2002 and 2009, the EIB described Medgaz as “an operational priority.” Having been delayed several times thus far, the Medgaz pipeline – costing an estimated €1.009bn – is scheduled to come on stream in early 2011....
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
EC Introduces Third Party Access Changes to Russia-Bulgaria South Stream JVC
...mponents of the planned 63 bcm/year pipeline system, in line with EU legislation that is expected to come into full force by March 2011. Ms Holzner said that the commission was invited by the Bulgarian government to consult with it during the negotiations with Gazprom. This would be considered un...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
GCA To Assess Turkmen Upgrade Of South Yolotan Reserves
...ted. He said it was necessary to “shoot as much seismic as possible both on the onshore and offshore sections of the block.” 3D seismic data will be acquired throughout 2011....
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
Belarusian Imports Of Venezuelan Crude May Impact Russian Oil Exports to Europe
...ude to Belarus. Some 4mn tons would be delivered in 2010 and 10mn t/y during 2011-2012. Belarusian state firm Belarustransneft and Ukrainian transportation company UkrTransNafta later signed a 5mn t/y transit contract. This could impact supply to Europe, since Ukraine and Belarus have decided to re...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
Vegas To Lower NW Gemsa Production For Water Injection Preparations
...ovide significant reserve and production additions in 2011,” partner Sea Dragon Energy said. Gross production from the 264 sq km concession was 9,500 b/d in September (MEES, 20 September). Vegas is operator on the acreage and holds a 50% interest, with partners Circle Oil (40%) and Sea Dragon (10...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
IMF Sees Volatile Oil Prices As Risk For Economic Growth In Iraq
...a modest increase in export volumes for the rest of the year, reducing the projected fiscal deficit to 14.2% from an initially anticipated 19.1%. Iraq: Selected Economic and Financial Indicators, 2007–12 2007 2008 2009 2010 2010 2011...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
Gazprom In Talks With ACC International To Buy Into Med Ashdod Block
...ploration and drilling in 2011. Meetings between the two sides have taken place in both Israel and Moscow. The licenses that Gazprom are said to be interested in are estimated to hold gas reserves of 100 bcm....
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
New Jordanian Government To Pursue More Reforms
...mmur is part of the economic and financial team that overseas the IMF reforms. The new government is expected to continue with its drive to cut the budget deficit, estimated at JD1,060mn ($1,495mn) in 2011 (MEES, 15 November). ...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
Lebanon Expects First Offshore Licensing Round Next October
...Middle East Economic Survey VOL. LIII No 48 29-Nov-2010 LEBANON/EAST MEDITERRANEAN Lebanon Expects First Offshore Licensing Round Next October Lebanon expects to launch its first round of offshore licensing bids in October 2011, the Lebanese Minister of Energy and Wa...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
Gazprom And E.ON Score Exploration Successes With Sonatrach
...ock 19 drilling scheduled to start in February 2011. With both Algeria and Libya, Gazprom has signed memorandas of understanding regarding swaps (in Algeria’s case) and investment in third countries. Gazprom Libya has agreements with the Libyan Investment Authority (LIA) and also the Libyan Af...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010