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Economic Reform In The GCC: Is Privatization A Panacea?
...at triggered the Arab Uprisings at the start of 2011. *Paul Stevens is a Distinguished Fellow at Chatham House, London www.chathamhouse.org This paper summarizes the key findings of his latest report, released 13 December: ‘Economic reform in the GCC: A panacea for declining oil wealth?’...
Volume: 59Issue: 50Published at Fri, 16 Dec 2016 -
Iran: Planning A New Mirage
...ganization was divided into two newly created bureaus in the President’s office: “Planning and Guidance Supervision” and “Management and Human Capital Development.” The Fifth Plan: 2011-2015 After a long delay in its preparation, the text of the Fifth Plan was approved in January 2011 by the Majlis wi...
Volume: 57Issue: 50Published at Fri, 12 Dec 2014 -
Falling Commodity Prices Won’t Mean Fewer Company-Government Disputes
...mining, at least 25 governments announced tax increases between 2010 and 2011 alone. Companies are left with the choice to acquiesce or seek legal redress, often in countries where the legal system is influenced by national politics and political elites. In May, Barrick Gold and Antofagasta we...
Volume: 56Issue: 50Published at Fri, 13 Dec 2013 -
Why The Middle East Will Lead The World In Developing Sustainable Energy
...nkings* Country 2012 Rank 2011 Rank 2010 Rank Qatar 41 48 38 UA...
Volume: 55Issue: 52Published at Fri, 21 Dec 2012 -
Iran’s Subsidy Reform: RIP
...ants to individual consumers on the basis of need was found impractical, and everyone in a family was given the same amount of cash (MEES, 20 June 2011). Unhappy about the government’s undue haste in raising prices much faster than provided for in the law, dissatisfied with uniform mo...
Volume: 55Issue: 51Published at Fri, 14 Dec 2012 -
IIF Projects 3.5% Drop In Iran’s GDP In 2012
...IRAN IIF Projects 3.5% Drop In Iran’s GDP In 2012 Iran’s GDP in 2012 is expected to shrink by 3.5% from a positive growth of 1.2% in 2011, the Washington-based Institute of International Finance (IIF) has said in a report on the MENA region. The IIF noted that we...
Volume: 55Issue: 51Published at Fri, 14 Dec 2012 -
Federal Oil And Gas Law: Viability, Coherence And Functioning Perspectives
...tween the federal and Kurdistan Regional Government (KRG) delegations held in Baghdad in the last days of October 2011 resulted in an agreement to base their discussions over the federal oil and gas law on the February 2007 version. Detailed assessments of the February 2007 draft of the law have be...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
OPEC Communiqué: 160th Meeting Of The OPEC Conference Concludes
...Middle East Economic Survey VOL. LIV No 51 19-Dec-2011 OPEC Communiqué: 160th Meeting Of The OPEC Conference Concludes Vienna, Austria, 14 December 2011 The 160th meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened in Vienna, Au...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Why Iraq’s Numbers Never Add Up: Solving The Mystery
...o decades, and is now old enough to require new control systems and massive revamps (if not outright replacement). The dramatic bomb attack on Baiji in early 2011 did not damage the hydrocracker itself, but did extensive damage to the hydrogen manufacturing plants, thereby taking the hydrocracker do...
Volume: 54Issue: 50Published at Mon, 12 Dec 2011 -
Explanations Of The Recent Higher Oil Prices
...planation of the current price of nearly $100/B. Another explanation is strong economic growth in China, the fastest growing economy in the world, which may soon exceed 10%. China is consuming more than 10mn b/d of oil in 2011. It is expected to consume close to 12mn b/d in the next two years, an ex...
Volume: 54Issue: 49Published at Mon, 05 Dec 2011 -
OPEC Communiqué: 158th (Extraordinary) OPEC Meeting Concludes
...State and Government held in the Kingdom of Saudi Arabia in November 2007. Having reviewed the oil market outlook, including the overall demand/supply projections for the year 2011, the conference observed that the increase in the annual average oil demand in 2011 is likely to be lower than in...
Volume: 53Issue: 51Published at Mon, 20 Dec 2010 -
Iraqi Capacity Expansion Relative To World Oil Market Trends
...her OPEC countries. In other words, the world would have to live with a combined OPEC additional capacity of over 14mn b/d. Table 1: Production Capacity Estimates According To Contract Timelines (Mn B/D) 2011 2013* 20...
Volume: 52Issue: 51/52Published at Mon, 28 Dec 2009 -
Signals Of A New Floor And Ceiling For Crude Oil Prices
...I And Brent Prices ($/B) WTI Brent 2011 2010 2009 Q409 Q309 2011 2010 2009 Q409 Q3...
Volume: 52Issue: 49Published at Mon, 07 Dec 2009 -
Condensate’s Growing Impact On Petrochemical And Transport Fuel Markets
...bstantially in expanding condensate processing capacity through 2011. While Thai imports remained steady, this market, together with China, will import increasing condensate volumes through 2016. Thailand has joined the ranks of major condensate importers and this market’s expanding condensate needs wi...
Volume: 51Issue: 48Published at Mon, 01 Dec 2008 -
Caspian/Iraq Export Pipelines
...05). Work on the mid-section (Kenkiyak-Kumkol) set for 2011 start. Expansion to 400,000 b/d capacity likely, to meet Kazakh oil output rise. 14. Atyrau-Kuryk Crude Oil Pipeline. Kazakhstan’s KazTransOil operates domestic pipeline between Aktau – from where some crude oil exported – and Atyrau, ru...
Volume: 49Issue: 52Published at Mon, 25 Dec 2006 -
Energy Security Ties Between East Asia And Central Asia: Power Games Or Partnership
...ina pipeline plan fell off the table around 2003 due, perhaps, to the intervention by Japan. The Kazakh-China oil pipeline construction started in September 2004. The first phase was completed in December 2005 (960km), and the total pipeline will be completed by 2011, stretching over 3,000km. Cu...
Volume: 49Issue: 51Published at Mon, 18 Dec 2006 -
Global Energy Investment Needs To 2030
...llars) Share of Total Total 2001-30 2000 2001-10 2011-20 2021-30 2001-30 (%) Oil 87...
Volume: 46Issue: 49Published at Mon, 08 Dec 2003