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Turkey’s ITP Exit Sets Stage For Intensive Talks With Iraq
...ghdad largely emerged as the winner in an arbitration case against Ankara for facilitating independent Kurdish oil exports between 2014 and 2018 (MEES, 31 March 2023). Before the shutdown, the ITP carried up to 400,000 b/d of Kurdish crude and around 70,000 b/d of Federal Kirkuk production to Ceyhan. Th...
Volume: 68Issue: 30Published at Fri, 25 Jul 2025 -
Drone Attacks Force Shutdown Of Key Kurdistan Oil Fields
...ersee security since ISIS was ousted in 2017. The field fell under ISIS control in 2014, and the security situation in the area remains precarious. SANCTIONS RETALIATION? Iraq’s deal with HKN comes as Baghdad has been trying to convince US companies to invest in the country’s energy se...
Volume: 68Issue: 29Published at Fri, 18 Jul 2025 -
HKN Signs Preliminary Deal For Development Of Federal Field
...supply nearby power plants. That said, oil ministry data seen by MEES put output below 10,000 b/d in early-2024 and an informed source says operations have been undermined by the security situation in the area. The field suffered severe damage after the ISIS takeover in 2014 and Iraqi security fo...
Volume: 68Issue: 29Published at Fri, 18 Jul 2025 -
Egypt’s New Petroleum & Electricity Ministers Face Mounting In-Tray Challenges
...thority and the Shipbuilding Company in Ismailia and Port Said. He has also served in several leadership roles, including as Chairman of the Cairo Airport Company (2013-2014), the Holding Company for Airports and Air Navigation (2014-2016), and the Cairo Glass Manufacturing Company (since 2016). EC...
Volume: 67Issue: 27Published at Fri, 05 Jul 2024 -
Japan’s PM Eyes Oil, Gas Cooperation From Middle East Tour
...G. The end-2021 expiry of Jera’s contract to purchase 5mn t/y of LNG from Qatar resulted in volumes plummeting. Having tussled with Australia and Malaysia to be Japan’s largest LNG supplier a decade ago, Qatari supplies have slumped from 16.14mn tons in 2014 to just 2.88mn tons for 2022 (see ch...
Volume: 66Issue: 29Published at Fri, 21 Jul 2023 -
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 -
Kuwait’s Emir Appoints Eldest Son As PM
...nistry of Interior. Prior to his March ministerial appointment, he had served as the Governor of Hawalli province from 2014. He had risen within the Ministry of Interior to become Deputy Interior Minister for Education and Training while holding a Lieutenant General rank. The PM-designate had pursued hi...
Volume: 65Issue: 30Published at Fri, 29 Jul 2022 -
Libya’s Oil Sector In Turmoil After NOC Head Ousted
...pacity since May 2014, has refused to acknowledge the order which was made public on 13 July. He says he is still the official head of the firm and that all NOC subsidiaries still answer to him. The episode is just the latest in an increasingly complex and fluid power struggle be...
Volume: 65Issue: 28Published at Fri, 15 Jul 2022 -
Yemen Upstream Hit By OMV Exit
...e post-2011 security situation forced delays, production hit a record 14,500 b/d in 2014 (6,400 b/d net to OMV). With Yemen’s conflict continuing to deter foreign firms, few emulated OMV and returned to the country. Indonesia’s Medco Energi returned to its Block 9 in the less-volatile Ma...
Volume: 65Issue: 26Published at Fri, 01 Jul 2022 -
Morocco’s Disputes With Algeria & Spain Heat Up As Pipeline Deadline Looms
...me again in line with average 2014-18 Algeria-Spain volumes of 18bcm/y without recourse to GME. Algeria’s liquefaction facilities typically operate at below 50% of their combined 25.5mn t/y capacity, with the latter equating to around 30bcm/y of gas (MEES, 25 June: Algeria’s smaller Skikda plant re...
Volume: 64Issue: 29Published at Fri, 23 Jul 2021 -
Kuwait’s Ailing Emir
...bah. But both have been tarnished by their rivalry and appear out of the running (MEES, 4 July 2014). More recently, Sheikh Jaber al-Mubarak’s resignation as Prime Minister last year ended any faint prospect of his potential elevation – he is from a more minor branch of the family. The new PM Sh...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
The Terror Risk To Tunisia’s Tourism Industry
...llion in 2014 to 5.4 million in 2015, and foreign currency earnings tumbling by 43% to $1.2bn (see chart). And while arrivals began to recover again after 2015, major European tour operators only just started to return last year after foreign government travel warnings were eased. Improved se...
Volume: 62Issue: 28Published at Fri, 12 Jul 2019 -
‘Working 25/7’: Libya’s Oil Chief Sanalla Sits Down With MEES
...ofessed neutrality. A: The position of NOC is very clear. Since the division of the country in 2014 our focus has been solely on sustaining production. This is our vision, our strategy. We are not assigning any blame to any party in this conflict. The NOC is neutral and non-partisan. Our goal and mi...
Volume: 62Issue: 27Published at Fri, 05 Jul 2019 -
Iraq Water Crisis Highlights Baghdad’s Impotence
...outing to keep the dam from sinking and disintegrating—an event that could trigger a tidal wave affecting millions downstream. Iraqi officials consistently downplay the threat, but the dam’s structural integrity was further undermined when IS forces briefly took the dam in 2014. Ross Filkins of the Ne...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Libya Election Timetable To Slip Further Amid Factional Divisions
...rliamentary polls in June 2014 led to the de facto division of Libya between two rival administrations. It is “increasingly doubtful” that elections will be held by end-2018, says Tarek Megerisi, Libya specialist at the European Council on Foreign Relations, after meeting senior officials from several co...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Iraqi Authorities Feel The Heat As Protests Boil Over
...wer sector. IRAQ: EXPORT REVENUES ON PACE OF 2014 LEVELS IN 1H 2018 *FORECAST BASED ON CURRENT CRUDE FUTURES PRICES. SOURCE: IRAQ OIL MINISTRY, MEES CALCULATIONS. EXPLOSIVE PROTESTS Some of the most high-profile protests have been those held outside some of Ir...
Volume: 61Issue: 29Published at Fri, 20 Jul 2018 -
Syria: Key Crossing Open
...uckers would embark on the five-hour Beirut-Amman trek despite the ongoing civil war, but when the crossing closed, it stymied exports. Customs data show that export volumes at the Masnaa crossing on the Beirut-Damascus highway fell from $495mn in 2014 to $103mn in 2016—a key reason why total Lebanese ex...
Volume: 61Issue: 28Published at Fri, 13 Jul 2018 -
Lebanon’s Recurring Power Nightmare
...cording to the United Nations Development Program (UNDP). The country continued its push for an LNG import tender (MEES, 4 April 2014), but the political crisis beset on the nation from 2014-16 scuttled the effort. Immediate relief from the overpriced Turkish powerships looked the only feasible op...
Volume: 61Issue: 27Published at Fri, 06 Jul 2018 -
Libya Looks To Corral IOCs Into Activity Boost
...en shut in for more than two years due to a combination of security concerns, infrastructure damage and a lack of a route to market. The 250,000 b/d Ras Lanuf export terminal on the Sirte basin coast re-opened in September 2016 having stopped exporting in December 2014. The nearby Es Sider terminal, wi...
Volume: 60Issue: 30Published at Fri, 28 Jul 2017 -
Saudi Crude Exports Lowest Since 2014 As Oil Burning Ramps Up
...Saudi crude oil exports averaged 6.924mn b/d in May, their lowest level since October 2014 and down 82,000 b/d from April. This comes as crude burning rose by 180,000 b/d to 604,000 b/d in line with seasonal trends (see below for full data). With burning set to have risen further in June an...
Volume: 60Issue: 29Published at Fri, 21 Jul 2017