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Russia’s Gazprom Seeks North Africa Expansion
...e years running up to the 2011 revolution. But production has been badly hit by years of instability (see chart). Last year, SOO output was entirely shut-in for eight months during a forced nationwide oil blockade led by an eastern-based warlord (MEES, 25 September 2020). Tumanov says that SOO pl...
Volume: 64Issue: 21Published at Fri, 28 May 2021 -
Homs Refinery Fire Sheds Light On Syria’s Murky Fuel Markets
...om government-controlled territories at 20,000 b/d, whilst plans to boost production to 100,000 b/d at fields Damascus has re-captured have gone nowhere (MEES, 17 January 2020). Prior to the outbreak of civil war in 2011, national oil output, all government controlled, was 390,000 b/d (MEES, 22 Ja...
Volume: 64Issue: 19Published at Fri, 14 May 2021 -
Yemen Takes Delivery Of Saudi Products Shipments
...started in 2019 and is currently running at around 10,000 b/d (MEES, 15 January). A planned second phase 400MW expansion was awarded to India’s BHL for $436mn in 2011 with work beginning in 2014 (MEES, 9 August 2013). The project was financed by the Arab Fund for Economic and Social Development, the Sa...
Volume: 64Issue: 19Published at Fri, 14 May 2021 -
Oman’s OQ Raises $750mn Bond As It Looks To Bring Delayed Downstream Projects Online
...nterpiece of a new industrial city – the Special Economic Zone (SEZAD) of Duqm, which was established in 2011 to “diversify the national economy.” To provide power and water to SEZAD, Oman is building a 326MW combined cycle power plant integrated with a 36,000m³/day reverse osmosis desalination plant close to...
Volume: 64Issue: 18Published at Fri, 07 May 2021 -
Delek Readies New East Med Spin-Off
...8% of Tamar (see charts and MEES, 4 December 2020). The 22.7tcf Leviathan field produced 1.04bn cfd for Q1, whilst operator Chevron (36.66%) has advanced expansion plans since taking over Noble Energy late last year (MEES, 23 April). Cyprus’ 4.1tcf 2011 Aphrodite discovery, also now operated by Ch...
Volume: 64Issue: 18Published at Fri, 07 May 2021