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  1. Saudi Oil Sector Feeling The Strain Of Opec Cuts

    ...fined products have averaged just 290,000 b/d this year, against 913,000 b/d for 2018 as a whole. If this persists over the course of the year, it would be the smallest rate of imports since 2011. Despite this and the recent decline in refining run rates, exports of refined products remain co...

    Volume: 62
    Issue: 29
    Published at Fri, 19 Jul 2019

  2. Sisi Approves Cyprus Pipeline

    ...lek (30%) agreed last month with Nicosia to revise the terms of a production sharing contract signed for the field (MEES, 7 June). This was seen as a major breakthrough to finally develop the 2011 discovery, although first gas is still not slated until 2025, following the completion of further ap...

    Volume: 62
    Issue: 28
    Published at Fri, 12 Jul 2019

  3. Libya’s NOC Hopes For The Best, Plans For The Worst

    ...nching well below its  weight. In the five years leading up to the 2011 ‘revolution’ the country’s output averaged 1.65mn b/d (see chart). Mr Sanalla, the National Oil Corporation (NOC) chairman, in a wide-ranging exclusive MEES interview in Vienna on 30 June (see transcript, p9) said “we have more th...

    Volume: 62
    Issue: 27
    Published at Fri, 05 Jul 2019

  4. ‘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: 62
    Issue: 27
    Published at Fri, 05 Jul 2019