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Iran: The Subsidies Dilemma
...fore. Pressured by various forces, the Rohani team finally came up with a new plan. The subsidies “second phase” promised to start from the third month of Iran’s New Year (May 2014). Monthly cash payments were now to be given to the head of each family after (1) he or she answered a questionnaire re...
Volume: 58Issue: 41Published at Fri, 09 Oct 2015 -
OPEC In The Future: Will It Continue To Play A Pivotal Role?
...nning out of steam. The US Energy Information Administration (EIA) for instance anticipates in its new International Energy Outlook (IEO, September 2014) that, in a Reference case where oil prices rise moderately, OPEC’s market share would increase from a low of 39% in 2020 to a little more than 42% in 20...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Iraqi Deputy Prime Minister Warns On KRG Exports
...rket for our additional crude production…. (SOMO Director Falah al-‘Amri said Indian requirements for 2014 are likely to be more than the current 400,000 b/d, because some companies have requested more, but the exact volume is not known.) Q: What about long-term deals? A: Iraq normally ma...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013 -
The US Shale Revolution, Part 3: Overcoming The Obstacles
...oice for power generation, the EIA projects in its May 2013 Short-Term Energy Outlook that “year-over-year increases in natural gas prices [will] contribute to declines in natural gas used for electric power generation from 25bn cfd in 2012 to 22.8bn cfd in 2013 and 22.2bn cfd in 2014.” Low we...
Volume: 56Issue: 40Published at Fri, 04 Oct 2013