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Tunisia Bags $2.9bn Loan
...sinesses. . As the first country to usher in the Arab Spring in 2011, Tunisia is struggling to cope with the political and economic transition, as the tourism industry collapsed with terrorist attacks and the inflow of refugees from neighboring Libya. Since 2011 Tunisia has been an abundant source of supply of...
Volume: 59Issue: 21Published at Fri, 27 May 2016 -
Egypt’s $25bn Russian Nuclear Loan Raises Questions Of Economics And Transparency
...shehr-1 1 1 3.5 Start-up 2011, operation intermittent until 2013 Bushehr-2,3 2 2 11 Rosatom to build for start-up 2023, 2025 UAE Barakah 5.6 4 20 Under construction by Kepco. All du...
Volume: 59Issue: 21Published at Fri, 27 May 2016 -
Siemens Rolls Out First ‘Made In Ksa’ Gas Turbine
...Jazan on the Red Sea coast in the kingdom’s remote southwestern region. The turbine was built at the Siemens Dammam Energy Hub, which is the kingdom’s first gas turbine manufacturing plant and “the largest in the Middle East.” The plant was built under a 2011 agreement with Aramco and el...
Volume: 59Issue: 21Published at Fri, 27 May 2016 -
Abu Dhabi Shakes Up Adnoc Management
...per Zakum field between 2007 and 2011, and graduated with a Masters in Petroleum Engineering from Imperial College London in 1995. He replaces ‘Ali Rashid al-Jarwan, who had held the post since 2006. The Adma concession expires in 2018 and the current partners are BP (14.67%), Total (13.33%), In...
Volume: 59Issue: 20Published at Fri, 20 May 2016 -
Saudi Products Records Tumble With Europe The Target Market
...st year hitting a record 1.09mn b/d in Q1, the third straight quarterly record (see chart). Diesel now accounts for 40% of Saudi refinery output, up from an average of 33% for 2011-13. Q1 2016 also saw record output of jet-kerosene (259,000 b/d, with a monthly record of 277,000 b/d in March), wh...
Volume: 59Issue: 20Published at Fri, 20 May 2016 -
Suez Canal Oil Data (‘000 B/D)
...NORTHERN OIL SHIPMEMTS HAVE DOUBLED SINCE 2011 TO AVERAGE 2MN B/D SINCE 2Q 2014... ...WITH SEASONAL RECORDS SET FOR EACH OF THE LAST THREE QUARTERS (MN B/D) NORTHBOUND PRODUCTS SHIPMENTS, DIESEL IN PARTICULAR, HAVE LED THE WAY. 1.2MN B/D OF SAUDI AND UAE RE...
Volume: 59Issue: 20Published at Fri, 20 May 2016 -
New Saudi Minister Faces Task Of Turning Vision Into Reality
...o was reportedly talked out of retiring as far back as 2011. The parallels between the two are evident according to Ms Nakhle: “they are both technocrats, they don’t come from the royal family, they both come from Aramco. They have experience in the industry, so it was an obvious choice.” Mr Fa...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Iran Output Rebound Sets Stage For Saudi Stand-Off In Vienna
....81mn b/d output. The greatest increase came from Iran, which added a massive 280,000 b/d as it continues to close in on its pre-sanctions output: its April production of 3.38mn b/d is only 200,000 b/d below 2011’s 3.58mn b/d output. Iranian gains were closely followed by the UAE, which had ex...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Yemen Conflict Sees Gulf States Test Their Military Prowess
...March 2011, 1,000 Saudi troops and 500 from the UAE intervened to crush a popular uprising in Bahrain. But this is the first time that GCC nations have carried out a concerted air and ground campaign beyond their borders. “Supplying combat units on the ground and sustaining them is much more in...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Mideast Military Spending By The Numbers
...ader with over 16%; Saudi Arabia spends 14% and Iraq 9%. The share of GDP spent on the military by the Middle East as a whole has increased in each of the past five years, to 5.8% in 2015 from around 4% in 2011, although this is below 1995’s record 6.4%, according to SIPRI. Aside from the severe se...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Global Military Spending Up In 2015, Saudi Arabia In Third Position
...litary operations have until recently not been a major focus for armed military forces in the Middle East region,” says James Hackett, senior fellow for defense and military analysis at the International Institute for Strategic Studies in London. “But since 2011, there has been a tendency for some re...
Volume: 59Issue: 18Published at Fri, 06 May 2016 -
Japan Takes In More Opec Crude And Condensate As Imports Rise In 1Q16 ('000 B/D)
...*ALL USA SINCE 2014. 2011 VOLUMES INCLUDE CANADA....
Volume: 59Issue: 18Published at Fri, 06 May 2016