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Turkey’s ITP Exit Sets Stage For Intensive Talks With Iraq
...aqi Kurdistan, where around 300mn cfd in capacity gains are expected by end-2026 from the Khor Mor and Chemchemal gas fields (see p2). The KRG signed a Gas Sales Agreement with Turkey in 2013 to export an initial 4bcm/year from 2017, rising to 10bcm/y by 2020. Turkey’s proposals could rekindle the KR...
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
...rces did not retake the field until 2017. Mr Abdulghani says that output is currently piped for processing at the neighboring Ajil field, operated by Kurdish conglomerate Kar. It is currently producing around 10,000 b/d. Output from Ajil and other small NOC fields is typically refined in federal re...
Volume: 68Issue: 29Published at Fri, 18 Jul 2025 -
Israel Strikes Cripple Yemen’s Fragmented Power System
...d refined products to the refinery’s storage tanks to supply the domestic market. SOLAR: A RAY OF HOPE Having suffered through a decade of civil war, many Yemenis have turned to solar PV power for a more stable supply of electricity. Back in 2017 the World Bank estimated around 50-75% of ho...
Volume: 68Issue: 28Published at Fri, 11 Jul 2025 -
KRG Begins Baghdad Mandated Crude Supplies
...mplex in Erbil. The 60,000 b/d ‘Nineveh refinery’ portion of the refining complex is typically contracted by the ministry of oil to refine Kirkuk crude produced by North Oil Company (NOC), as part of an arrangement first agreed in 2017 (MEES, 24 February 2017). The remaining 90,000-100,000 b/d ‘KAR-1’ an...
Volume: 66Issue: 30Published at Fri, 28 Jul 2023 -
Kuwait’s Emir Appoints Eldest Son As PM
...bt law’s validity ended in October 2017,” Kuwait withdrew “about KD19.8bn” ($65bn) from its General Reserve Fund (GRF). The fund is now almost exhausted (MEES, 28 January). ...
Volume: 65Issue: 30Published at Fri, 29 Jul 2022 -
Syria Oil-For-Aid Initiative: Can It Gain Traction?
...the Block 26 assets, Gulfsands says it receives regular updates from GPC personnel who retain access to the fields. Based on these updates, production has actually been remarkably steady at around 20,000 boe/d (mostly crude) since the restart of regular production in 2017 (see chart). Fo...
Volume: 65Issue: 26Published at Fri, 01 Jul 2022 -
Iraqi Parliament Seeks To Block NOC Appointments
...iticized the 2017 creation of Dhi Qar Oil Company (DQOC) . CAN INOC DELIVER? With Exxon heading to the exit, Baghdad may sooner or later have to step in and operate the 470,000 b/d WQ-1 field. But whether it has the capacity to manage this on top of the other fields, such as 250,000 b/d Majnoon, is an...
Volume: 64Issue: 28Published at Fri, 16 Jul 2021 -
Sparks Fly As Saudi-Emirati Economic Competition Intensifies
...aditionally held a clear dominance. In the UAE, Abu Dhabi’s Adnoc is planning to invest $122bn over 2021-2025, much of which is dedicated to expanding its crude oil production capacity from around 4mn b/d to 5mn b/d by 2030. Just five years ago, before the first Opec+ cuts came into force in 2017, the UAE wa...
Volume: 64Issue: 27Published at Fri, 09 Jul 2021 -
Iraqi PM Courts Iran & Saudi Arabia
...udi Arabia’s influential Crown Prince Mohammad bin Salman has adopted a more nuanced approach to Iraq however, and has extended an olive branch to Baghdad in a bid to counter Iran’s influence (MEES, 1 September 2017). With Saudi Arabia far better placed than Iran to finance large-scale projects, th...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
Kuwait’s Ailing Emir
...gional level, Emir Sabah’s rule has been characterized by his active role as a mediator in local disputes. Perhaps the most pertinent recent example is his – so far unsuccessful – efforts to broker an agreement between Qatar and Saudi Arabia, UAE and Bahrain since the start of the June 2017 embargo (ME...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
Qatar Investments Win Trump Approval
...Qatari Emir Tamim Al Thani can be pleased with the results of this week’s trip to the US, where he received glowing praise from President Donald Trump. The emirate has been assiduously courting support from potential allies since its neighbors imposed an embargo in June 2017 and appears to ha...
Volume: 62Issue: 28Published at Fri, 12 Jul 2019 -
Iraq Water Crisis Highlights Baghdad’s Impotence
...facing desertification in varying degrees.” That neighboring Turkey—the source of both the Tigris and Euphrates rivers—experienced its driest year in four decades in 2017, has merely exacerbated the already dire situation. POLITICAL CRISIS Baghdad is well aware of the investment ne...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Libya Election Timetable To Slip Further Amid Factional Divisions
...ppen by December,” says a former ambassador to Tripoli, “but they are the least bad option as long as they are properly prepared. The challenge is for them to be genuine without being divisive.” The aim for elections to be held this year was first set at a Paris meeting on 25 July 2017 hosted by Fr...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Gulf Choke Points Brought Into Focus As Iran, US & Saudi Ramp Up The Rhetoric
...se for Abu Dhabi’s 6mn t/y of LNG exports, as well as modest but growing LNG imports by Kuwait and Dubai. In total 81mn tons of Gulf LNG exports passed through the channel in 2017. From the perspective of importers, China the global number one oil importer, took 35% of its 2017 crude and co...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Suez Canal Revenues, Crude Trade At Record Highs: Calm Before The Storm?
...lied on the canal for 12% of its 2017-18 revenue) is the threat to traffic via the Bab al-Mandab straights at the southern end of the Red Sea. Almost all Suez Canal traffic must also pass the Bab al-Mandab. A Saudi Aramco decision on 25 July to halt its shipments via the strait after two tankers we...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Syria: Key Crossing Open
...rkey have decreased 25% since the closure, with even greater losses from Syria and Lebanon. Kickstarting trade will also prove pivotal to Mr Assad’s immense challenge of rebuilding Syria (MEES, 29 September 2017). The president recently estimated reconstruction costs at $400bn. The seven-year Sy...
Volume: 61Issue: 28Published at Fri, 13 Jul 2018 -
Lebanon’s Recurring Power Nightmare
...stalled Available Fuel Zouk-1 ST (x4) 1984-87 607 365 HFO Zouk extension GT* 2017 194 194 HFO (gas) Jieh-1 ST (x5) 19...
Volume: 61Issue: 27Published at Fri, 06 Jul 2018 -
Karadeniz Eyes 8.3gw Fleet
...wn regional allegations of neocolonialist ambition – began supplying power in Ghana in October 2017. The company also operates in Zambia and Indonesia. Dealing with cash-strapped nations is not always easy. Karadeniz began supplying Basra with 410MW in 2010, but operations came to a halt in 2016 wh...
Volume: 61Issue: 27Published at Fri, 06 Jul 2018 -
Libya Looks To Corral IOCs Into Activity Boost
...ntinues to aim for more ambitious targets set out early in the year, and in particular to ramp up output to 1.25mn b/d by the end of 2017 (MEES, 10 February). With this in mind, NOC chief Mustafa Sanalla is doing what he can to encourage companies already operating in Libya to continue to boost pr...
Volume: 60Issue: 30Published at Fri, 28 Jul 2017