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Libya Output Down, Risk Of Further Collapse
...rminal. The largest oil export outlets remain shut – 450,000-b/d Es Sider and 250,000 b/d Ras Lanuf, both on Libya’s central Gulf of Sirte since December 2014, and 250,000 b/d Zueitina to the east for most of the past two years (MEES, 6 November 2015). There were a few moments in 2015 when Tripoli’s NO...
Volume: 59Issue: 20Published at Fri, 20 May 2016 -
Yemen Conflict Sees Gulf States Test Their Military Prowess
...a lightning 2014 advance) have been pushed out of Marib to the western edge of the city, and there has been a negotiated truce with anti-government fighters in Al-Jawf and other provinces. But there is a complete stalemate in Taiz in the south. A coalition grouping the Houthis with militias loyal to fo...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Global Conflict Fatalities, 2015
...BY REGION: MENA ACCOUNTS FOR 50% OF TOTAL 2015 FATALITIES… ...THOUGH THIS IS DOWN FROM 2014 2/3 OF 2015 MENA DEATHS (AND 1/3 OF THE GLOBAL TOTAL) WERE IN SYRIA SOURCE: IISS ARMED CONFLICT SURVEY, 20...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Mideast Military Spending By The Numbers
...rong growth in spending in both countries far surpassed global growth in military expenditure, which in 2014 dollar terms (ie adjusted for inflation) grew by just 1% to $1.7trn in 2015. On this basis Mideast spending grew by 4.1% last year. Saudi Arabia was by far and away the region’s largest sp...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Global Military Spending Up In 2015, Saudi Arabia In Third Position
...untry in the Middle East and North Africa region, according to a recent report by the Stockholm International Peace Research Institute, published in April. The kingdom’s $87.19bn expenditure in 2015 was almost four times that of the UAE, which ranked second in the region (based on 2014 figures), and mo...
Volume: 59Issue: 18Published at Fri, 06 May 2016 -
Prince Muhammad’s Vision 2030: Far Sighted Or Over-Ambitious?
...ars designed to end the kingdom’s “addiction to oil.” With a large dose of optimism the prince envisages that the kingdom will be able to survive without oil by 2020. Given that oil represented 87% of the kingdom’s export revenue in 2014, and even after oil prices collapsed, was still 73% last ye...
Volume: 59Issue: 17Published at Fri, 29 Apr 2016 -
Libya Unity Government Faces Huge Challenges
...tions. Senior diplomats from first Italy (who sent foreign minister Paolo Gentiloni) and then the UK, France and Spain held face to face talks with the council in their first visits to Libya since EU embassies were closed for security reasons in 2014. There are some signs of political support for the co...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
Iraqi Parliament Crisis Deepens Policy Paralysis
...ecting Mr ‘Abadi in 2014, and has generally stood by him in his fights with other Shia leaders. But, once it became clear he intended to remove all political figures from the cabinet, it turned sharply against him. The 2014 agreement had given ISCI three ministries, most notably oil, and they would not gi...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
Abadi Surprises By Choice Of Left-Field Kurd As Oil Minister
...onomy and is producing more than 4mn b/d. Low oil prices mean it is strapped for cash and asking international oil companies (IOCs) to cut spending, yet still looks to boost production by 2mn b/d by 2020. Oil revenues slumped from $84.1bn in 2014 to just $49bn last year. Despite record exports, mo...
Volume: 59Issue: 13Published at Fri, 01 Apr 2016 -
MEES Special Report: Jihadist Instability In North Africa And Beyond
...the city is imminent. That same day, IS also engaged in small arms fire against Firebase Bell, a US artillery outpost in northern Iraq. US forces returned to Iraq in 2014, but Firebase Bell is the first independent US base of its kind, having only been staffed two weeks earlier, and came under fi...
Volume: 59Issue: 12Published at Fri, 25 Mar 2016 -
Algeria’s In Salah Gas Plant Hit By Rocket Attack
...turned to a normal staffing rotation at In Amenas in September 2014 after specialists had visited the site in June to verify the implementation of the “last security measures” and prepare for a resumption of “ordinary operations,” said the company in a statement in September 2014. According to the st...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
BP: Mideast Moves To Center Stage In Cash-Constrained Times
...is strategy. For 2015, BP’s biggest production gain was in Iraq where its share of output more than doubled to 123,000 b/d from 55,000 b/d in 2014. Gross production was up only slightly to 1.3mn b/d at BP’s flagship Rumaila field; the key boost to BP came from the fact that it receives a set fee pa...
Volume: 59Issue: 10Published at Fri, 11 Mar 2016 -
Iraq: Abadi’s ‘Technocrat’ Reshuffle Plan Slim On Detail
...eceding government had distributed state-controlled properties to officials to buy support. As for the technocrat government, Mr Abadi did not give details, but sufficed with explaining his rationale. He argued that given that the key challenge when he was elected in September 2014 was the collapse in se...
Volume: 59Issue: 08Published at Fri, 26 Feb 2016 -
KRG Looks To Call Abadi’s Bluff On Salary Gambit
...fectively, this would mean a return to the defunct December 2014 revenue sharing agreement. In accepting Mr ‘Abadi’s offer, the KRG said “each month it needs ID980bn [$820mn], ID336bn [$281mn] of which is paid to Peshmerga forces”. Figures released by the KRG Ministry of Natural Resources (MNR) on 16...
Volume: 59Issue: 07Published at Fri, 19 Feb 2016 -
Tunisia Bags EU, IMF Cash But Oil & Gas Output At Record Lows
...ring the democratic transition process. The latest cash will come in three instalments and could start later this year. The EU’s previous €300mn package for Tunisia was approved in May 2014, with two tranches of €100mn disbursed so far this year and the final tranche slated for 2Q 2016. Tunisia has al...
Volume: 59Issue: 07Published at Fri, 19 Feb 2016 -
Algeria Reaches Critical Crossroads
...meframe remains vague, perhaps reflecting the government’s cautiousness. Protests for social issues have taken place in past years – although localized and relatively small in size – and the effect of last year’s anti-shale protests that started in December 2014 were largely unexpected. These events re...
Volume: 59Issue: 06Published at Fri, 12 Feb 2016 -
Iraq: Baghdad, Erbil, Struggle To Correct Economic Course
...pointed him as acting CBI governor just before leaving office in September 2014. Since then, he has worked closely with Mr Abadi, who has appointed several of his relatives to key positions. His brother, Mahdi al-Allaq, plays a vital role in executive administration, currently heading both Mr Abadi’s own of...
Volume: 59Issue: 06Published at Fri, 12 Feb 2016 -
More Trouble For Algeria As Hess Walks Away
...2000 to 50,000 b/d in 2005 with completion of Phase 1 water injection, but plans to raise this further with miscible gas flooding were never finalized. Output subsequently tanked, bottoming out at just over 10,000 b/d (5,000 b/d net to Hess) in 2013. Hess’ net figure rose to 7,000 b/d for 2014 (9,...
Volume: 59Issue: 05Published at Fri, 05 Feb 2016 -
Libya: IS Attacks Continue, As Does Uncertainty Over Unity Government
...nflicts, a peace deal has been signed between Jebel Nafusa and Zintan in the west of Libya after 15 months of fighting. Zintani forces, affiliated to the official government in Baida (which in turn is affiliated with the HOR in nearby Tobruk), seized the town in October 2014, causing more than 4,000 people to...
Volume: 59Issue: 03Published at Fri, 22 Jan 2016 -
IS Attacks Again As Baida-Aligned Guards Block Tripoli Crude Shipment
...mpeting authorities. Tripoli-based state oil company National Oil Corporation (NOC) has attempted to ship its first cargo from the Ras Lanuf export terminal since force majeure was declared at the facility in December 2014. Following attacks against the Ras Lanuf and Es Sider terminals by Is...
Volume: 59Issue: 02Published at Fri, 15 Jan 2016