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Egypt-Israel In EMG Arbitration Settlement
...12. Already volumes had dwindled in 2010 and 2011 amid domestic gas shortages and numerous attacks on the pipeline which traverses the unstable Sinai Peninsula. In a cautionary tale for those inking current deals with Israel, the EMG deal became politically poisonous in the wake of Egypt’s February 2011...
Volume: 61Issue: 47Published at Fri, 23 Nov 2018 -
Total Reaps Mena Rewards Despite Iran Setback
...estion is whether Total would consider taking another gamble on Iran should the politics change in the medium-term. Iran is just the latest Middle East gas setback that Total has suffered in recent years. Having recorded net 218mn cfd from Syria in 2011 through its 50% stake in the Deir Az Zour Pe...
Volume: 61Issue: 47Published at Fri, 23 Nov 2018 -
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 -
Tunisia Struggles To Cash In On Democracy
...uted as the Arab Spring’s only success story, Tunisia has navigated a difficult path toward democracy since the overthrow of dictator Zine al-Abidine Ben Ali on 14 January 2011. But nine governments later, the country’s economic prospects look bleaker than before the Jasmine Revolution. One of the ma...
Volume: 61Issue: 46Published at Fri, 16 Nov 2018 -
Israel: Pipeline Bottleneck Blunder Adds to Exports Headache
...19,” with “technical evaluation” and “flow reversal planning” ongoing – the route was previously used to ship Egyptian gas to Israel. But volumes halted in 2011 amid pipeline bombings, political disputes and an underlying shortage of Egyptian gas to export (MEES, 1 August 2011). Noble’s timeline lo...
Volume: 61Issue: 45Published at Fri, 09 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 -
Egypt Confident It ‘Has The Keys To The Future’ Of East Med Gas
...orage depots, and terminals as well as pipelines,” Mr Molla says. Of course, this has also been true in the intervening years since Israel discovered the 22tcf Leviathan field in 2010 and Cyprus the 4.2tcf Aphrodite in 2011. So what’s changed? For one thing, the discovery of the 21.5tcf Zohr field of...
Volume: 61Issue: 44Published at Fri, 02 Nov 2018 -
MEES Interview With Egypt’s Minister of Petroleum
...dependence earlier this year. What have been the driving forces? A: The petroleum sector faced several challenges in recent years stemming from the political and economic situation in Egypt between the two revolutions of January 2011 and June 2013. Investments in the petroleum industry fell, there was di...
Volume: 61Issue: 44Published at Fri, 02 Nov 2018 -
Eni Grows North African Presence
...d of this year and “restart exploration activities” next year (MEES, 12 October). Eni is Libya’s top producer, with net 1.62bn cfd of gas and 87,000 b/d of oil output in 2017. It managed to continue production in Libya throughout the 2011 revolution, albeit offshore....
Volume: 61Issue: 44Published at Fri, 02 Nov 2018