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Tunisia: President’s Power Grab Shakes Democracy To The Core
...elfth since Tunisia’s January 2011 revolution – after the ouster of predecessor Elyes Fakhfakh (MEES, 24 July 2020) Mr Saied, who has a legal background but previously worked as a TV commentator and as such is an outsider to Tunisia’s fractious party politics, was elected president in October 2019. He...
Volume: 64Issue: 30Published at Fri, 30 Jul 2021 -
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 -
Israeli Utility IEC Bags Price Cut For Tamar Gas
...ke or pay volume of 3bcm/y under a 15-year deal signed back in 2012, although this was due to carry forward volumes. This contract set a fixed base price of $5.042/mn BTU as of 2011 with subsequent annual adjustment according to US inflation (CPI) plus 1%, switching to minus 1% from 2020. By 2020 th...
Volume: 64Issue: 29Published at Fri, 23 Jul 2021 -
Qatar Looks To Bolster Share Of Taiwan LNG Market
...Australia edged out longtime number one Qatar as top LNG supplier to global number five importer Taiwan for the first half of 2021. Qatar has been top in Taiwan for every year since 2011. But its lead over Australia narrowed from 2.3mn tons for 2018 to just 0.4mn tons for 2020. For 1H 20...
Volume: 64Issue: 27Published at Fri, 09 Jul 2021 -
Egypt Raises Power Prices, Waiting on Fuel Prices
...vels (see chart 1). For March, household electricity use was 4.62TWh, the lowest March use since 2013 while the previous month’s 4.33TWh was the lowest February figure since 2011. Egypt power demand typically peaks in the sweltering summer months. 1: EGYPT HOUSEHOLD POWER USE FELL TO A MULTI-YEAR LO...
Volume: 64Issue: 27Published at Fri, 09 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 -
GCC Rig Count Stuck At 10-Year Low Levels For 1H 2021
...e higher than the 9-year quarterly low seen in Q4 last year (see chart 1 and MEES, 18 December 2020). As such the average figure of 184 for 1H 2021 was the lowest half-year figure since 1H 2011. 1: THE GCC RIG COUNT AVERAGED JUST 184 FOR 1H 2021, THE LOWEST HALF-YEAR FIGURE IN 10 YEARS AND LI...
Volume: 64Issue: 27Published at Fri, 09 Jul 2021 -
Libya’s Gas Exports To Italy Collapse To Zero On Plant Outage
...en their output curtailed. *The outages, coupled with already lower supplies so far this year, mean Libya’s first half 321mn cfd exports to Italy were lowest since the 2011 revolution (see chart 2). Natural decline at Wafa and Bahr Essalam, as well as soaring domestic consumption continue to we...
Volume: 64Issue: 26Published at Fri, 02 Jul 2021 -
BP Drilling Offshore Egypt
...REAGE Output at BP and Eni’s offshore Nile Delta fields peaked in 2011 and continues to slump: Ras El Bar output fell 20% to 107mn cfd for 2020 whilst El Temsah was down 23% at 136mn cfd (see chart and MEES, May 21). GAS OUTPUT FROM ENI & BP’s OFFSHORE NILE DELTA CONCESSIONS PEAKED IN 2011 AND FELL 29...
Volume: 64Issue: 26Published at Fri, 02 Jul 2021