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Iraq Turns To Turkey To Ease Electricity Shortages
...stem operator TEİAŞ continues to list allocated capacity at up to 300MW out to December 2025. There is also a second line linking Turkey’s Silopi to Kurdistan’s Zakho, but this has not been used since 2011, and attempts to restart the line in 2021 fell apart due to disagreements with Turkish energy tr...
Volume: 68Issue: 24Published at Fri, 13 Jun 2025 -
Kuwait: Former PM Appointed New Crown Prince
...reign minister (2011-2019). He is the first crown prince to have been appointed after previously serving as prime minister, with the two positions having been joined until 2003. The separation of the posts of prime minister and crown prince has often been blamed for encouraging opposition MPs to ch...
Volume: 67Issue: 23Published at Fri, 07 Jun 2024 -
Cyprus & Israel Close In On Deals To Kickstart Aphrodite Development
...ergy way back in 2011, with Chevron taking over as operator with its $5bn purchase of Noble in 2020 (MEES, 9 October 2020). The initial A1 discovery well was drilled just 3km from the maritime border with Israel, leading to speculation that the reservoir extended into Israeli waters. Subsequent pr...
Volume: 66Issue: 26Published at Fri, 30 Jun 2023 -
Eni, Cyprus Talk Recent Gas Finds, EastMed Pipeline
...y case these comments will have alerted US major Chevron which is finally progressing development of Cyprus’ first gas discovery, 2011’s 4.5tcf Aphrodite, where FID is potentially planned for 2025 (see p5). GROWING FOOTPRINT In addition to its dominant position offshore Egypt, Eni in to...
Volume: 66Issue: 26Published at Fri, 30 Jun 2023 -
Iraq: Another New Gas-Focused Bid Round – Can It Attract Major Interest?
...cluding in Saudi Arabia). The structure includes two LR6 blocks on offer: North and South Rutbah. Elsewhere in Anbar, the Akashat block lies on the Syrian border. A 2011 map from Cambridge Carbonates shows indications of previous drilling activity near the block which is believed to have eight leads th...
Volume: 66Issue: 25Published at Fri, 23 Jun 2023 -
Kuwait: Another Cabinet, Another New Oil Minister
...med had been a political outcast since 2011 when he was forced to resign under the threat of parliamentary questioning over allegations of corruption in contracts worth $900mn. This, amongst other factors, led to the whole cabinet resigning (MEES, 5 December 2011). Sheikh Ahmed had been involved in...
Volume: 66Issue: 25Published at Fri, 23 Jun 2023 -
BP & Adnoc’s Landmark NewMed Deal: Testing the Water or Troubled Waters?
...e operated by US major Chevron. While Leviathan goes from strength to strength with plans to expand capacity from 1.2bn cfd to 2.1bn cfd set to be finalized by end-2023 and FLNG a leading option, Aphrodite has remained undeveloped since its 2011 discovery. That could change with Chevron (35%op), Sh...
Volume: 66Issue: 23Published at Fri, 09 Jun 2023 -
Chevron Submits Aphrodite Plan As Nicosia Attempts Strategy Shift
...e field, following its 2011 discovery, potentially more important will be a gas sales agreement with Egypt. While the Aphrodite partners will have one eye on exporting some volumes as LNG – the WDDM facilities land at Idku, at infrastructure adjacent to the 7.2mn t/y ELNG export terminal (also op...
Volume: 66Issue: 22Published at Fri, 02 Jun 2023 -
Chevron Closing In On East Med Expansion Decisions
...velopment plan can be formulated that will see the country belatedly become a gas producer well over a decade after Aphrodite’s 2011 discovery. Nicosia will be encouraged by NewMed presentation material which indicates that the most likely scenario for Aphrodite development is tie-in to a Leviathan to Id...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
Egypt Fuel Oil Burn At 4-Year High As Cairo Prioritizes LNG Exports
...y managed to maintain LNG exports at near-record levels. Egyptian LNG exports of 3.31mn tons for the first five months of 2022 – with an average of 1.12bn cfd of gas delivered to the country’s two LNG plants – are up 10% year-on-year and put 2022 on track for the highest LNG exports since 2011 ac...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
Zohr Production Cap Pushes Egypt Output Lower
...rminals in years to come (see p12). Egyptian LNG exports of 3.31mn tons for the first five months of 2022 were up 10% on the year-ago figure of 3.02mn tons to put 2022 on track for the highest LNG exports since 2011 according to figures from data intelligence firm Kpler. A key change from recent years is...
Volume: 65Issue: 24Published at Fri, 17 Jun 2022 -
TotalEnergies First Again With Qatar LNG Expansion Deal
...untry’s civil war, and there has been no production in Syria since December 2011 because of the conflict there. A recent truce in Yemen has at least raised hopes of a potential restart there (MEES, 6 May), but Syria offers less optimism (see p12). As a result, TotalEnergies’ net Mena gas output has dr...
Volume: 65Issue: 24Published at Fri, 17 Jun 2022 -
East Med Power Politics As US & EU Officials Fly In
...ttle on its previous claim submitted to the UN in 2011, although this would still require Israel to cede 860km² of disputed waters. It is unlikely that Israel will accept Beirut’s new proposal but rising tensions and the lack of an agreement on where the maritime border between the two countries li...
Volume: 65Issue: 24Published at Fri, 17 Jun 2022 -
Libya’s NOC & Repsol Eye Q3 Drilling
...vels are unclear. Repsol CEO Josu Jon Imaz last put flows at 70,000 b/d in late April (MEES, 29 April). Exploration drilling has been few and far between in Libya since the 2011 overthrow of Gaddafi and the ensuing chaos. As such any return to drilling would be a huge win for Libya’s plans to mo...
Volume: 65Issue: 22Published at Fri, 03 Jun 2022 -
Egypt: Condensate Output Record As Gas Slumps
...erall output here, and that of key producer Apache in particular, has been on the slide. 2020 output was the lowest since 2011 with production falling further to an 11-year low of just 282,000 b/d for February. However production has risen in each of the past two months – it was 290,000 b/d for April – wh...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Libya’s NOC Plans Massive Upstream Opening
...drocarbons. With the dust barely settled from Libya’s third civil war since 2011 and last year’s devastating oil blockades (MEES, 25 September 2020), NOC is looking to kickstart a fresh wave of foreign investment to reach its ambitious goal of boosting output to 2.1mn b/d by 2025. There is room for op...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Opec Production Rises To 12-Month High As Tapering Begins
...anted an exemption as it seeks to reverse the damage inflicted in the persistent conflicts since the ousting of Muammar Gaddafi in 2011. Libya plans to boost production further this year (see p4), but recent history has shown that major production outages are an ever-present risk. Meanwhile all eyes ar...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Gulfsands Bullish On Syria Return As Key Russian Investor Consolidates Position
...0 B/D) *2020 TOTAL INCLUDES 1,100 BOE/D (6.6MN CFD) OF GAS. SOURCE: GULFSANDS, SYRIA REPORT, MEES. GULFSANDS BLOCK 26 IN SYRIA MODEST OUTLAY, MASSIVE UPSIDE With no ongoing income since declaring force majeure on its Syria assets in late 2011, Gulfsands is entirely re...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Libya’s Oil Revenues Surge
...byan oil exports have similarly stayed at above 1mn b/d since November 2020, according to data intelligence firm Kpler. If such levels are sustained until the end of the 2021, Opec member Libya could be looking at its best performance since the collapse of the Gaddafi regime in 2011. While pr...
Volume: 64Issue: 22Published at Fri, 04 Jun 2021 -
Iraq Targets 22GW Peak Supply This Summer
...ant in north-east Baghdad awarded to the French company in 2011. ...
Volume: 64Issue: 22Published at Fri, 04 Jun 2021