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Syria: Why Are Foreign Firms Creeping Back?
...ly up-and-comer on the crude front with plans to increase production further from 24,000 b/d at Block 26 but was forced to leave in 2011 (MEES, 18 May 2018). Whilst nobody can fault Gulfsands’ keenness to return to Syria, the swarm of activity beginning to form around Syria’s oil sector certainly me...
Volume: 68Issue: 30Published at Fri, 25 Jul 2025 -
Cairo Wary But Silent As Ethiopia Fills Contentious Dam
...ates.” Instead, Egypt proposed the replacement of the article with “…not to adversely affect the water security and current uses and rights of any other Nile Basin state.” While six countries (Ethiopia, Burundi, Rwanda, Tanzania, Uganda, and Kenya) did sign the CFA between 2010 and 2011, Kenya’s pa...
Volume: 67Issue: 30Published at Fri, 26 Jul 2024 -
Libya Oil Outages Highlight Continued Instability
...vel with late-2019 as the highest monthly figure since February 2014 (see chart 3). 1: LIBYA’S CRUDE OUTPUT LEVELS HAVE BEEN HIGHLY VOLATILE SINCE THE EARLY 2011 REVOLUTION (‘000 B/D)… *AS PER OPEC ASB FOR SOME YEARS (INCLUDING 2022) THIS DOES NOT TALLY WITH NOC’S BY-CONCESSION FIGURES. NA...
Volume: 66Issue: 29Published at Fri, 21 Jul 2023 -
Sudan War Leaves South Sudan Desperate For Export ‘Plan B’
...o on 9 July 2011, the conflict has serious implications for the country. South Sudan’s economy is dangerously dependent on oil, which accounts for 90% of government revenues according to the IMF. This is exported to global markets via a 1,600km, 250,000 b/d capacity pipeline to the Bashayer export te...
Volume: 66Issue: 28Published at Fri, 14 Jul 2023 -
Kuwait’s Emir Appoints Eldest Son As PM
...nister portfolio. In 2011, when a regular MP, al-Ghanim organized the grilling of Sheikh Ahmed Al Fahad over allegations of corruption in contracts worth $900mn. This, amongst other factors, led to the cabinet resigning. The allegations extended to court cases in the United Kingdom and Switzerland an...
Volume: 65Issue: 30Published at Fri, 29 Jul 2022 -
Syria Oil-For-Aid Initiative: Can It Gain Traction?
...London-based independent Gulfsands has had zero production since 2011. With the firm’s sole assets frozen in Syria, it is trying to drum up interest in an oil-for-aid program that would see itself and other foreign producers return to their fields. The Syrian state’s share of proceeds from th...
Volume: 65Issue: 26Published at Fri, 01 Jul 2022 -
Morocco’s Disputes With Algeria & Spain Heat Up As Pipeline Deadline Looms
...Algeria’s gas exports, for 2013-18. Though volumes dipped for 2019 and 2020 they are back at around this level for 2021. GME is not the only Algeria-Spain pipeline connection. A direct Algeria-Spain route, the 8bcm/y capacity Medgaz, started operations in 2011 (see map). Currently, the 54...
Volume: 64Issue: 29Published at Fri, 23 Jul 2021 -
Sparks Fly As Saudi-Emirati Economic Competition Intensifies
...latively recent development. Bilateral relations between the neighbors have traditionally been more fraught, and it was arguably the start of the ‘Arab Spring’ in 2011 which caused their geopolitical priorities to converge. The relationship then deepened with the rise to power of Saudi Arabia’s Crown Pr...
Volume: 64Issue: 27Published at Fri, 09 Jul 2021 -
‘Working 25/7’: Libya’s Oil Chief Sanalla Sits Down With MEES
...fline since the revolution in March 2011. Eight years. So our staff, they did good work for maintenance and we hope that we won’t see any problems. Also our polyethylene plant was offline for a long time. This will stimulate the local economy and will make the harbor operational again. Q: Can you co...
Volume: 62Issue: 27Published at Fri, 05 Jul 2019 -
Lebanon’s Recurring Power Nightmare
...re actually from Egypt via the Arab Gas Pipeline (AGP) project (MEES, 26 October 2009). Per the deal’s terms, government officials estimated that if all three units at Deir Ammar were converted to run on gas it would save around $240mn a year with Brent at $75/B. Egyptian gas imports ceased in 2011...
Volume: 61Issue: 27Published at Fri, 06 Jul 2018 -
Libya Looks To Corral IOCs Into Activity Boost
...couraging the return to Libya of firms that prior to the 2011 Revolution were active in upstream exploration and development. Exploration successes from the four international licensing rounds held since the 2004 introduction of the EPSA-IV model have been largely disappointing. The first round yielded by...
Volume: 60Issue: 30Published at Fri, 28 Jul 2017 -
International Donors Provide Fresh Funds For Countries Hosting Syrian Refugees
...nflict in 2011. Existing infrastructure and utilities in these host countries are incapable of coping with the influx of millions of Syrian refugees and new resources are urgently needed to put in place the basic minimum facilities. While aid has already been pledged by the international community to...
Volume: 59Issue: 30Published at Fri, 29 Jul 2016 -
Dubai In Unwelcome Headwinds
...ported this week that property prices in Dubai have fallen by around 25% since their most recent peak in 2014, but remain above their 2011 trough. However, the IMF reports that the quality of the real estate loan portfolio is significantly better than prior to the 2009 crash. Overall, Dubai, in...
Volume: 59Issue: 30Published at Fri, 29 Jul 2016 -
Syria: Trauma To Last For Years Even If A ‘Deal’ Is Struck
...sewhere, the Kurds hold about 5% of the territory in the north while the government retains possession of most of the west and some parts of the south, where large parts are also held by anti-regime forces. 4.7MN REFUGEES, 7.6MN MORE DISPLACED Since March 2011, the population of Syria, estimated at 22...
Volume: 59Issue: 28Published at Fri, 15 Jul 2016 -
Egypt Finally Pays Off $7bn Debt To Qatar, Backer Of Previous Islamist Government
...ections that followed the February 2011 ‘revolution’ that overthrew longtime dictator Husni Mubarak. Almost from the start – through a combination of economic incompetence and a lack of support from the financial establishment – Mr Mursi’s government presided over an economy on life support. The country on...
Volume: 59Issue: 27Published at Fri, 08 Jul 2016 -
Syria: Territorial Disintegration Looms As Conflict Enters New Stage
...r deserters and draft dodgers, apparently to boost numbers in his conscription army. According to the anti-regime British-based Syrian Observatory for Human Rights, there are some 70,000 draft dodgers in government controlled areas alone. Since the beginning of the civil war in March 2011, the Sy...
Volume: 58Issue: 31Published at Fri, 31 Jul 2015 -
Libya: Oil Boost Hopes Fizzle Out Amid Hollow ‘Peace Deal’
...cretary-general’s special representative for Libya, Bernardino Leon, celebrated the deal but recognized its limitations. “This act signaled the adoption of a framework for further talks. It has brought the country one step closer to ending the conflict and fulfilling the goals of the 2011 revolution,” he to...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
A New Deal For South Sudan
...SOUTH SUDAN A New Deal For South Sudan As South Sudan marks the fourth anniversary since the declaration of independence on 9 July 2011, the country remains locked in a civil war that is estimated to have claimed more than 20,000 lives. Oil earnings have collapsed, and a succession of ag...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Black Friday Attacks Highlight Extremist Threat
...lf Arab states of Kuwait, Saudi Arabia, the UAE and Qatar have been largely spared the upheavals wrought by the 2011 Arab revolutions that toppled their allies and enemies alike and drew them deeper into crises that they could no longer ignore. Yemen, where Saudi Arabia and its Arab allies are en...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Libyan Operators Wait For Output Surge
...ened up the pipeline to the Mellitah terminal; Sharara production is exported from nearby Zawiya. Before the revolution that toppled veteran despot Mu’ammar al-Qadhafi in 2011, Libya was producing 1.6mn b/d. The hasty shut down of fields and pipelines during the fighting led to fears that it would ta...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014