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Egyptians Wary Rushed Elections Spell Tougher Times Ahead
...e National Elections Authority (NEA) is set to announce the results of the first – and likely only – round on 18 December, but Sisi is already widely expected to win, with virtually no real competition (MEES, 19 April 2019). The 68-year-old former general won both the 2014 and 2018 elections wi...
Volume: 66Issue: 43Published at Fri, 27 Oct 2023 -
Korea Crude Imports: Saudi Dominant With Mideast Share At 5-Year High
...pplier spot behind the USA (down 1% at 336,000 b/d). This puts the UAE on track for the highest annual figure since 2014’s 299,000 b/d. *Number five Iraq was up fractionally at 251,000 b/d for 9M 2023. The other big gainer was Qatar, up 56% at 215,000 b/d, albeit versus 2022’s 20-year lo...
Volume: 66Issue: 42Published at Fri, 20 Oct 2023 -
Libya: Equinor Offshore Mou
...0,000 b/d capacity, with Equinor netting a princely 6,600 b/d. Mabruk has a nominal 30,000 b/d capacity but has been shut in since IS-affiliated militants overran the facilities in 2014 though Total says it is hopeful of a restart before the end of 2023 (MEES, 31 March). LIBYA: OFFSHORE OIL & GAS ASSETS...
Volume: 66Issue: 42Published at Fri, 20 Oct 2023 -
Kuwait & Saudi Target Dorra Gas Start-Up By 2029
...ich all volumes would be piped onshore for processing is in line with the plan previously-favored by Saudi Arabia. Under these plans all gas was to be piped onshore to Ras al-Khafji, with Kuwait’s share then piped up the coast to its facilities (MEES, 4 July 2014). Failure to agree on a development pl...
Volume: 66Issue: 41Published at Fri, 13 Oct 2023 -
Shell Discovery Offers Hope As Egypt Gas Output Slide Continues
...August) has yet to result in a substantial output hike. The region’s output was flat month on month at 285,000 b/d for August despite rig count figures showing that drilling in the Western Desert is at the highest level since December 2014 (see chart 2). In addition to Apache, which says its ou...
Volume: 66Issue: 41Published at Fri, 13 Oct 2023 -
Israel Halts Tamar & EMG Flows As Fight With Hamas Continues
...wer in 2014, the pipeline has remained intact. REVERBERATING RAMIFICATIONS The ongoing war is also likely to impact future energy-related decisions, not only related to Israel but also Lebanon, as well Gaza itself: development of its 1tcf Gaza Marine field is sure to be kicked into the long gr...
Volume: 66Issue: 41Published at Fri, 13 Oct 2023 -
Hopes For Libyan Unity Fade In Wake Of Flooding Disaster
...untry’s east since 2014 (MEES, 22 May 2020), the flooding disaster has offered an opportunity to leverage the new state of emergency to empower his sons and support their political ambitions, further strengthening the Haftar family’s grip on eastern Libya. The ailing 79-year-old patriarch, who an...
Volume: 66Issue: 41Published at Fri, 13 Oct 2023 -
BP/Adnoc Deal For Israel’s NewMed Under Threat
...inked in 2014 between Woodside and NewMed (Delek Drilling at the time) for a 25% of Leviathan fell apart just hours before it was due to be inked due to reported clashes between the Australian firm’s hierarchy and Mr Tshuva (MEES, 23 May 2014). BP and Adnoc will not be expecting to take full co...
Volume: 66Issue: 40Published at Fri, 06 Oct 2023