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Dana Gas Signs Up To Syrian Gas Development Plan
...e fields that make up the South Middle Area Gas Project. There are a number of other nearby gas fields that could also be included in the agreement, with Syria having announced the discovery of the 47bn m³ (1.66tcf) Qara field in 2011 shortly after it started producing 0.6mn m³ (21mn cfd ) from the Sa...
Volume: 68Issue: 46Published at Fri, 14 Nov 2025 -
Will Iraq Be Caught In The Crossfire Of Trump’s Iran Policy?
...litary withdrawal in 2011. The already precarious balancing act facing the Iraqi government has become yet more difficult over the last year due to the involvement of Iraqi Shia militias in Iran’s coordinated ‘axis of resistance’ attacks on Israel. The US has also grown wary of Iran’s interlocking ec...
Volume: 67Issue: 47Published at Fri, 22 Nov 2024 -
Ethiopia-Egypt Dam Agreement Remains Elusive Despite Renewed Talks
...th water conflicts, urging the three parties to “negotiate in good faith towards a mutually beneficial agreement.” The three parties have been embroiled in the dispute since Ethiopia broke ground on the $5bn project in 2011, with several mediation attempts by the US, World Bank, and the African Un...
Volume: 66Issue: 47Published at Fri, 24 Nov 2023 -
No End In Sight For Sudan’s Devastating Conflict
...utes and vast mineral resources that finance the RSF’s commercial enterprise, and thus, guarantee its survival. OIL EXPORT UNCERTAINTY When South Sudan voted for secession in 2011, Sudan lost nearly 75% of its oil output to its southern neighbor (MEES, 16 March 2018). Today, oil ex...
Volume: 66Issue: 44Published at Fri, 03 Nov 2023 -
Turkey-Syria LPG Shipments & The Lebanon Link
...oking, space and water heating as well as in the industrial sector. Western sanctions on Damascus, as well as the civil war which has gripped the country since 2011, have strangled Syria’s oil and gas industry with the government claiming losses in excess of $100bn (MEES, 11 February). Despite sanctions, cr...
Volume: 65Issue: 47Published at Fri, 25 Nov 2022 -
Saudi Arabia Wary of Iraq’s New Iran-Backed Leader
...nure of Mr Maliki were fraught as the longest serving post-2003 PM got closer to Tehran after the US forces withdrew from Iraq in 2011. Only his ousting in the aftermath of the 2014 fall of Mosul to ISIS paved the way for active diplomacy between Baghdad and Riyadh. Mr Sudani has praised the ki...
Volume: 65Issue: 46Published at Fri, 18 Nov 2022 -
Heightened Political Tensions Threaten Libya’s Oil Ambitions
...gures. At stake is the stability of a country which has been enveloped in almost constant chaos since the 2011 revolution. For the oil sector, a return to political division, or even war, would crush hopes of boosting oil production. GADDAFI’S RETURN Saif al-Islam Gaddafi, the son of former ru...
Volume: 64Issue: 46Published at Fri, 19 Nov 2021 -
Algeria-Morocco-Spain: Key Gas Pipeline Stops Flowing
...LIVERED 85BCM OF GAS TO SPAIN SINCE 2010, AROUND HALF OF ALL ALGERIA-SPAIN GAS SHIPMENTS OVER THIS PERIOD (BCM) MEDGAZ STARTS UP IN 2011. SOURCE: ENAGAS, CORES, KPLER, MEES. THE GME PIPELINE: A SEVERED LINK BETWEEN ALGERIA, MOROCCO AND SPAIN 2: ALGERIA-TO-SPAIN PIPED GA...
Volume: 64Issue: 44Published at Fri, 05 Nov 2021 -
Kuwait Emir’s Son Unleashes Political Upheaval
...gin the process of appointing a new government. Political upheaval is par for the course in Kuwait, but recent weeks have seen some of the most dramatic scenes since protestors stormed the National Assembly in November 2011. That event proved the undoing of Sheikh Jaber Mubarak’s predecessor, Sh...
Volume: 62Issue: 47Published at Fri, 22 Nov 2019 -
Iran Ups Geopolitical Stakes With Nuclear Advances
...at is expected to take six years. The Bushehr-2 plant will be built by Russia’s Rosatom, under a 2014 agreement between Moscow and Iran for the construction of four new 1GW plants at Bushehr. Rosatom completed the Bushehr-1 reactor in 2011, generating electricity from fuel rods supplied by Ru...
Volume: 62Issue: 46Published at Fri, 15 Nov 2019 -
Syria’s Oil Reserves: Trump’s Half-Baked ‘Plan’
...l.” “I still can’t believe we left Iraq without the oil,” he tweeted in 2013, adding “to the victor belongs the spoils. There was no victor, but I always said ‘take the oil.’” Syria’s relatively modest oil industry was already on the slide when war broke out in 2011, averaging 386,000 b/d in 2010 – do...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Iran’s Oil Export Prognosis: Is The Market Too Blasé?
...5,000 b/d volumes were at their highest level since 2011 putting Spain second only to Italy among European buyers. But volumes had already fallen to 100,900 b/d for September as sanctions loomed. But, unlike number one EU buyer Italy or number four Greece, Spain neither applied for nor was granted a ‘wa...
Volume: 61Issue: 46Published at Fri, 16 Nov 2018 -
Qatar Petroleum Chief Consolidates Energy Sector Grip With Cabinet Seat
...nounced a cabinet reshuffle on 4 November in which QP CEO Saad Sherida al-Kaabi was appointed Minister of State for Energy Affairs. Mr Kaabi has replaced Minister of Energy and Industry Muhammad al-Sada who had held the post since January 2011 (MEES, 24 January 2011). As minister, he will have “overall re...
Volume: 61Issue: 45Published at Fri, 09 Nov 2018 -
Ubari Power Plant Faces Delays After Abductions
...ditional power as it suffers both scheduled and unscheduled blackouts (MEES, 22 September). The Ubari project was abandoned in 2011 after the ouster of former dictator Mu’ammar al-Qadhafi. The abduction will likely have a knock-on impact on other foreign companies mulling a return to Libya. This could fu...
Volume: 60Issue: 47Published at Fri, 24 Nov 2017 -
Kuwaiti Government Resigns As Political Dysfunction Grows
...aikh Sabah al-Ahmad Al Sabah reappointed Jabir Al Sabah as prime minister on 1 November and charged him with appointing the new cabinet. He has held the post since December 2011, and this will be the seventh cabinet he has headed in just six years. NEW OIL MINISTER COMING? Parliament on...
Volume: 60Issue: 44Published at Fri, 03 Nov 2017 -
Lebanon: Can New President Get The Country Moving?
...abs to Lebanon, with detrimental effects on growth. Latest IMF statistics show that Lebanon’s real GDP growth in 2011-12 averaged 4.6%, but has slumped to 1% in 2015 and 2016, and is projected to rise to 2% in 2017. This low projection for 2017 could be slightly higher if indeed the election of a pr...
Volume: 59Issue: 45Published at Fri, 11 Nov 2016 -
Egypt Devalues Currency In Bid To Calm Forex Market
...rners of foreign exchange for Egypt, have gradually fallen since the 2011 revolution with the deteriorating security situation. Recently bilateral aid from the GCC has relatively dried up with the collapse in oil prices in the past two years. NOVEMBER 2016 PRICE HIKE FOR GAS & OIL PRODUCTS (E£/li...
Volume: 59Issue: 44Published at Fri, 04 Nov 2016 -
Militia Shuts Key Libyan Terminal, Deepening Rift Between Rival Regimes
...om the Bahr Essalam and Wafa fields and, when operational, oil from the Elephant field. Gas exports via the Green Stream pipeline from Mellitah to Italy have been consistently between 600-800mn cfd in 2015. This compares to a high of 909mn cfd in 2008 and a low of 215mn cfd in 2011. ...
Volume: 58Issue: 45Published at Fri, 06 Nov 2015 -
Iran Oil Exports To Rise In 2015 Despite Nuclear ‘No-Deal’
...wn, averaging less than 1.3mn b/d for the first ten months of 2014 (including condensate), versus 2.53mn b/d in 2011 (see graphs). Condensate Boost Speaking in Vienna this week, Iran’s Oil Minister Bijan Zanganeh said that despite the sanctions, Iran is still targeting an increase in exports ov...
Volume: 57Issue: 48Published at Fri, 28 Nov 2014 -
GCC Mends Fences
...st several months, Saudi Arabia finally returned its ambassador to Doha this week. The UAE and Bahrain will likely follow suit, though it is unclear if the dispute has reached a final resolution. Since the 2011 ouster of Egypt’s Husni Mubarak, the GCC has been roiled by an internal dispute that pi...
Volume: 57Issue: 47Published at Fri, 21 Nov 2014