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Egypt Gas Demand Edges Up As Record Israel Supplies Make Up For Output Slump
...4,000 b/d in August before easing to end the year at 63,000 b/d for December (see chart 4). On an annual basis, 2024’s fuel oil consumption of 116,000 b/d was level with 2022 as the highest since 2017. *Whilst fuel oil provided a short-term fix, longer term Cairo sees expanding renewables capacity as...
Volume: 68Issue: 08Published at Fri, 21 Feb 2025 -
Iraq Seeks To Import Qatari LNG, But How?
...ur facilities would appear a viable option. There have been previous moves towards gas interconnection between the two countries, although those focused on Iraq supplying Kuwait. Plans first mooted in 1985 and re-visited in 2017 and 2018 (MEES, 21 April 2017 & MEES, 27 April 2018) would have seen Ir...
Volume: 65Issue: 08Published at Fri, 25 Feb 2022 -
Dubai’s Coal U-Turn Simplifies UAE Energy Messaging
...pacity to handle domestic demand without Hassyan. Capacity (including the first 600MW at Hassyan) exited 2021 at 13.2GW, and rose to 13.4GW last month, while MEES estimates that peak load was around 10GW (see chart 1). REVISING 2050 TARGETS When the UAE in 2017 set out its National En...
Volume: 65Issue: 06Published at Fri, 11 Feb 2022 -
Egypt Power Fuels: Gas Surplus All But Ends Oil Burn
...s been the ramp-up in gas availability driving out oil burning from Egypt’s power generation fuel mix. *Fuel oil demand fell to just 34,000 b/d for 2020, a fifth of 2017 levels, as the country’s gas surplus all-but ended the burning of the fuel in power plants (see chart 3 and p1...
Volume: 64Issue: 08Published at Fri, 26 Feb 2021 -
Iraq Mulls Power Sell-Offs Amid Cash Crunch, Pre-Election Rivalry
...rliamentary elections planned in October. Kar’s most prominent role is as operator of the 160,000 b/d Khurmala Dome of the Kirkuk field in Iraq’s autonomous Kurdistan region. It also contentiously operated Kirkuk’s Avana Dome and the nearby Bai Hassan field between 2014 and 2017 until federal forces re...
Volume: 64Issue: 06Published at Fri, 12 Feb 2021 -
MEES Interview With EBRD ‘Semed’ Managing Director Heike Harmgart– Edited Highlights
...arted in 2012 – the number of projects, the value of these investments, and also the addition of new countries into the EBRD family, last year Lebanon, and the West Bank and Gaza before that. We have also seen Egypt investment grow substantially in 2017 and 2018. And there will be more countries coming. We...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Egypt’s Wind Power Capacity Nears 1.4GW, But Expansion Slow
...r electricity. However Abu Dhabi based renewables agency Irena said the lowest worldwide wind bids for 2017 were around US¢4.50/kWh. EETC subsequently awarded a BOO contract for the 250MW West Bakr Wind project near Ras Gharib to Netherlands-based Lekela Power. Lekela did not reveal its el...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Mena Nuclear Programs Advance Slowly In Shadow Of Geopolitics
...d US firm Westinghouse. Kacare has said it is seeking a “standard plant design” ahead of preliminary engineering (MEES, 1 December 2017). Riyadh’s two-reactor plan is a massive reduction of Kacare’s original 2013 vision of 16 nuclear plants with combined capacity of 18GW by 2032. Kacare now also pl...
Volume: 63Issue: 07Published at Fri, 14 Feb 2020 -
Abu Dhabi Moves To Consolidate State Utilities
...also streamlining other areas of its energy sector, having implemented a considerable shakeup in recent years. State energy investor IPIC was folded into Mubadala in 2017, while Adnoc has been undergoing a major organizational transformation under CEO Sultan al-Jaber. SHAREHOLDERS’ IN...
Volume: 63Issue: 06Published at Fri, 07 Feb 2020 -
Saudi Renewables Plan: More Answers, More Questions
...ergy still costs money to generate. Assuming the government is serious about the Repdo plans, it needs to act quickly. A stepping stone 2024 target of 27.3 GW is no easy feat – the Mena region’s total installed wind and solar capacity as of 2017 was just 5.7GW. Planned 2019 tenders amount to 3....
Volume: 62Issue: 08Published at Fri, 22 Feb 2019 -
GCC Small-Scale Solar Programs Inch Forward
...dermine the economics of solar. But recent sharp falls in the cost of solar panels have boosted not only large solar projects. They also make small-scale plants increasingly viable. International Energy Agency (IEA) data show GCC solar PV capacity only taking off in 2017, when an annual tripling of ca...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
UAE Power Strategy Sees Abu Dhabi, Northern Emirates Join Forces
...pporting role has seen its ‘exports’ of electricity (ie transfers outside Abu Dhabi) rise more than threefold over 10 years, from a total of over 6TWh in 2008, 15% of power generated, to 21TWh (25%) in 2017 (see chart). Abu Dhabi’s rise to UAE power domination was due to its holding most of the UAE’s ga...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Iraq: Gas Output Up As Crude Burn Falls To New Lows
...18). Iraq’s crude burn peaked in 2015-2016 when it averaged 170,000 b/d (see chart 2), falling to a still sizeable 119,000 b/d in in 2017 as volumes were progressively dialed back. But in 2018, Iraq brought the figure under 40,000 b/d, including two months where no crude was burned in powerplants (see ch...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Saudi Eyes Options For Slashing Oil Burning In Power Plants
...The Saudi energy minister’s ambitious plan to vastly reduce the burning of liquids fuels in power plants is a big ask. Can it be done? Saudi Arabia burned just over 900,000 b/d of liquid fuels in its power plants last year, down 7% from the 2017 record (see chart). The volumes involved in...
Volume: 62Issue: 05Published at Fri, 01 Feb 2019 -
Repdo Tenders 1.5gw Of Solar
...Sakaka. The Qurayyat project in the current offering will be built further northeast, near the border with Jordan. The Rafha project in the new tender was previously offered in a tender that was canceled in March 2017 (MEES, 18 January). NEW SAUDI SOLAR TENDER SOURCE: REPDO....
Volume: 62Issue: 05Published at Fri, 01 Feb 2019 -
Gulf Crude Burn: Saudi, Iraq Turn To Gas To Curb Sky High Crude Burn Rates
...d Iraq post a four year low of 119,000 b/d crude burn over the course of 2017, but it claims to have eliminated it entirely for two of the months. Last year’s burn was down 30% from 2016’s peak of 169,000 b/d. Saudi Arabia meanwhile posted an eight-year low of 436,000 b/d – still by far the wo...
Volume: 61Issue: 08Published at Fri, 23 Feb 2018 -
UAE Nuclear Plans: More Delays Likely
...schedule. A Kepco executive said at the time that “it’s very difficult for us to predict the possible compensation that may be involved and our future plans for our manpower dispatched to the project” (MEES, 12 May 2017). Kepco has not issued an update on the situation since. FANR’s op...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Dewa Awards Gas-Fired Power Project
...tensive LNG export commitments – around 90% goes to Japan, which took 4.68mn tons in 2017 down from 4.99mn t in 2016 and a record 5.70mn t in 2014 (see chart, MEES, 16 February). This means that the UAE only achieves gas balance by importing 1.7bn cfd via the Dolphin pipeline from Qatar to Abu Dhabi as...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Saudi Arabia Awards 300MW Sakaka PV, At Record Low Pricing
...dders range from the Masdar/EDF low to US¢3.27/kWh (MEES, 6 October 2017). PRICING CONCERNS That Repdo shortlisted second lowest bidder Acwa and third lowest bidder Japan’s Marubeni with Saudi firm Khaled Juffali for the Sakaka project suggests the agency feels that solar PV pricing has re...
Volume: 61Issue: 06Published at Fri, 09 Feb 2018 -
Iraq’s Crude Burn Falls From Peak As Generators Exploit Alternative Fuels
...rning in power plants averaged 134,000 b/d over January-November 2017, putting it on course for a more than 20% fall from 2016’s record 169,000 b/d (see charts). The reduced crude burn is enabling Iraq to direct more of its produced crude oil to export markets. Federal Iraqi crude exports for 2017 av...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018