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Lebanon Power Overhaul Gathers Pace
...e table 1) are crucial to boosting growth from the average 1.6% annual GDP growth since 2011. With the world’s third-highest debt-to-GDP ratio (150%), the government is otherwise broke and unable to break the low-investment low-growth cycle that has long plagued it, especially since the 2011 ou...
Volume: 62Issue: 11Published at Fri, 15 Mar 2019 -
Algeria’s Regime Under Threat
...volvement in day-to-day government is negligible. Protests against the regime are nothing new. Algerian citizens took to the streets in early 2011 against a backdrop of regime change in neighboring states. They did so again ahead of presidential elections in April 2014, when protestors chanted ‘Ba...
Volume: 62Issue: 10Published at Fri, 08 Mar 2019 -
Iran Looks To Europe As Trump Fears Threaten Embattled Economy
...nctions from 2011 onwards had proven effective was that the Obama administration was able to secure the buy-in of the EU and Iran’s key customers in Asia. China, Japan, India and South Korea imported a combined 1.4mn b/d from Iran in 2011, equivalent to around 55% of total Iranian export volumes. This fe...
Volume: 61Issue: 13Published at Fri, 30 Mar 2018 -
Qatar & Sudan Deepen Ties
...lationship following Qatar’s mediation role in the Darfur conflict, which resulted in the 2011 Doha Document for Peace in Darfur. And Qatar is in need of friends having faced a regional embargo since June 2017. The main players in the Qatar dispute are Saudi Arabia, the UAE, Bahrain and Egypt. Khartoum ha...
Volume: 61Issue: 13Published at Fri, 30 Mar 2018 -
Sudan’s Upstream Oil & Energy Sector: Investors Sought But IOCs Remain Cautious
...ABILIZED AFTER SOUTH SUDAN’S 2011 SECESSION BUT HAS DWINDLED SINCE 2015 ('000 B/D) *TO MID-MARCH. SOURCE: IEA, BP, MEES. Last year saw the easing of wide-ranging western sanctions after 20 years. Their key legacy is that the country’s upstream (and that of South Sudan) is dominated by st...
Volume: 61Issue: 11Published at Fri, 16 Mar 2018 -
Syria’s Eastern Oil Fields: The Post-War End-Game
...nce 1996 when it neared 600,000 b/d, but natural gas output was on the rise until the war retarded its development. Key gas fields are near Palmyra in the center of the country. Output increased from 870mn cfd in 2010 to 1.05bn cfd in 1Q 2011 with the ramp up of the Hayan gas project (MEES, 14 Se...
Volume: 61Issue: 10Published at Fri, 09 Mar 2018 -
MEES Special Report: Jihadist Instability In North Africa And Beyond
...se of IS in Libya, which since the fall of Mu’ammar al-Qadhafi in 2011 has been characterized by lawlessness and division. “Further instability in Libya and the ongoing absence of a unity government or unified security could plunge the country into a further crisis which would impact Europe in se...
Volume: 59Issue: 12Published at Fri, 25 Mar 2016 -
Libya Oil Production Falls Further
...tput. Power shortages since the 2011 revolution have presented a recurrent impediment to output (MEES, 17 May 2013)....
Volume: 59Issue: 12Published at Fri, 25 Mar 2016 -
Iranian Election Prompts Optimism On Investment
...esident Ali Akbar Hashemi Rafsanjani secured the most votes overall, while Mr Rohani was also voted in; both were already members of the assembly and Mr Rafsanjani had previously served as its chairman from 2007 to 2011. Elections for the assembly are held every eight years and the body is co...
Volume: 59Issue: 09Published at Fri, 04 Mar 2016 -
Risk Premium Returns As Saudi Strikes Yemen Rebels, Iran Confrontation Widens
...uthis to withdraw from San’a and allow the legitimate government to return was rejected. The crisis in Yemen, one of the world’s poorest countries, began in 2011 when peaceful anti-government protests led to the ouster of ‘Ali ‘Abd Allah Salih, the long-time Yemeni leader who stepped down but re...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Algeria, Poland To Share Shale Tips As Protests Continue
...ssian gas. However, the country failed to live up to its promise so far – Poland’s shale gas resources were estimated by the US Energy Information Administration (EIA) at 190 tcf in 2011 - with foreign companies exiting Poland in the past three years mainly due to poor exploration results and re...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Tunisia Attack
...counts for 7% of the country’s GDP, a share that was much higher before the 2011 revolution that overthrew former dictator Ben Ali. Tunisia had hoped that 2015 would be the year that tourists returned to the country. Such hopes now look forlorn. As a group claiming IS affiliation warned of further at...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Libya: Talks Postponed As Jihadists Step Up Oil Field Attacks
...rst, in February 2011, just before the country fell into civil war, was a success. Three more wells were drilled in 2013 with one success. The October 2013 well on Block NC-115 which tested the Waha prospect encountered “very promising flow rates” of 39°API crude. Of the three 2014 wells, OMV an...
Volume: 58Issue: 11Published at Fri, 13 Mar 2015 -
Algeria Confronts Libya Spillover Threat
...li, in 2013. For him, Algiers’ analysis of the situation in Libya has been proved right: back in 2011 it had warned leading members of the NATO-led coalition of the dire consequences of the manner in which they were intervening in Libya. Relations with Tunisia which is equally exposed to the de...
Volume: 58Issue: 11Published at Fri, 13 Mar 2015 -
Libya Taps ‘Emergency’ Power Units
...stalled and commissioned, six weeks after sites were confirmed in December. Two further units are expected to be operational by the end of March. All are dual fuel turbines, able to run on natural gas or diesel. Before Libya’s 2011 overthrow of former dictator Mu’ammar al-Qadhafi, the country had in...
Volume: 57Issue: 13Published at Fri, 28 Mar 2014 -
Iran Nuclear Talks Resume In Shadow Of Rising Crude Exports
...d condensate have been on a downward trajectory since early 2012. US sanctions targeting third-party imports of Iranian crude came into effect in late 2011 and EU sanctions from July 2012. For 2013, sales of Iranian crude oil and condensate averaged 1.12mn b/d, down 30% from 1.59mn b/d in 2012; and 56...
Volume: 57Issue: 12Published at Fri, 21 Mar 2014 -
Israel Attacks Gaza
...ccession as unrest spreads across the region in 2011. Parliament says that it will not hold the vote if the government expels Israel’s ambassador. ...
Volume: 57Issue: 11Published at Fri, 14 Mar 2014 -
Domestic Upheavals Challenge Oil Industry In Iraq, Libya
...IRAQ/LIBYA Domestic Upheavals Challenge Oil Industry In Iraq, Libya Moves to less centralized structures, both planned and unplanned, in Iraq since the 2003 invasion and in Libya since Qadhafi’s 2011 ouster have left the oil industry in both countries in uncharted te...
Volume: 57Issue: 11Published at Fri, 14 Mar 2014 -
Saudi Arabia, UAE and Bahrain Pull Doha Ambassadors
...ani, who took over from his father last year and is still trying to find his feet on shaky Arab ground, still unsettled since the start of the wave of revolutions that swept across North Africa in 2011. Doha’s growing support for the Muslim Brotherhood since he took over as head of the leading gas pr...
Volume: 57Issue: 10Published at Fri, 07 Mar 2014 -
Egypt’s Wheels Of Change Keep Spinning
...EGYPT Egypt’s Wheels Of Change Keep Spinning Three years after the Arab Spring, Egyptian politics remain in a state of flux. The 2011 Arab Spring introduced a new road map for Arab revolutions, as millions took to the streets calling for the overthrow of Pr...
Volume: 57Issue: 10Published at Fri, 07 Mar 2014