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Yemen’s Breakthrough Truce Threatened By Houthi Military Attacks
...mbined cycle power plant. Yemen’s oil and gas sector had been declining since long before the onset of civil war. Production peaked in 2002 at 457,000 b/d with exports remaining above 100,000 b/d until 2014 (MEES, 15 September 2017). However, since the start of the conflict and the Saudi-led in...
Volume: 66Issue: 48Published at Fri, 01 Dec 2023 -
Baghdad And KRG Sign Preliminary Oil Sharing, Budget Deal
...ude-for-revenues agreement in 2014, which fell apart as Baghdad never made full payment (MEES, 5 December 2014). A year ago, Mr Abd al-Mahdi and his deputy PM (and Oil Minister) Thamir al-Ghadhban reached an agreement with the KRG to export 100,000 b/d via Iraqi Kurdistan’s export pipeline to Ceyhan, an...
Volume: 62Issue: 48Published at Fri, 29 Nov 2019 -
Jordan Energy Goals Remain Hostage To Geography
...x has consequently risen from 4% in 2014 to 35% in 2016 and 2017 (see chart). Even with its FSRU contract running into the mid-2020s, Amman is nonetheless keen to increase natural gas imports and diversify sources. Jordan signed two controversial deals—one in 2014 and one in 2016—to import Is...
Volume: 61Issue: 48Published at Fri, 30 Nov 2018 -
Libya’s Waha Ramps Up Output To 260,000 b/d But Challenges Lie Ahead
...6,000 b/d of crude. At the time this was the highest level since late 2014, when it was sustained only briefly. Marathon (16.33%) is one of three US firms in the WOC venture alongside ConocoPhillips (16.33%) and Hess (8.16%). State-owned National Oil Corporation (NOC) has the largest share in the company (59...
Volume: 60Issue: 48Published at Fri, 01 Dec 2017 -
Kuwaiti Opposition Gains Further Threaten Government Energy Policy
...afji field in the Saudi-Kuwait Partitioned Neutral Zone (PNZ) is being readied for restart. It has been offline since October 2014 as part of a dispute between the two over management of the PNZ, and the 200,000 b/d Wafra field since March 2015. With output split 50:50, this has denied Kuwait around 25...
Volume: 59Issue: 48Published at Fri, 02 Dec 2016 -
The Political Implications Of Iraq’s Mosul Offensive
...sentment toward the KDP for abandoning them during the Islamic State’s 2014 offensive remains strong, and that when it comes to ethnic identity, views are diverse, heightening the complexity of this tinderbox of a region. Some Yazidis emphasize their Kurdish identity, others think of themselves as Ya...
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 -
Lebanese Bid Round Hostage To Politicial Stalemate
...fore IOCs are sure what they are bidding for and under what specific terms – all subject to the approval of a future government. With no grand compromise in sight, it may be well into 2014 before Mr Salam is able to form a new government. It is therefore highly likely that there will be fu...
Volume: 56Issue: 48Published at Fri, 29 Nov 2013