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Iraqi Oil Sector Faces Years Of Instability
...ghdad Tension Remains But northern Iraq is likely to remain divided for some time. The current cooperation between Erbil and Baghdad is likely to revert to the status quo ante, with flashpoints along the so-called “Trigger Line”, without (as has been the case since late 2011) the calming influence of...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
GCC Saga Continues
...fering citizenship – and its perks – to Sunni Bahrainis, a highly sensitive demographic issue for Manama, which has faced several rounds of Shia-led protests since 2011. However, it remains unclear if Doha is prepared to agree to accept a scaled-back role in regional affairs. Libya Attacks Sa...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
IDB Loans Egypt $425mn
...ruggling to revive its sagging economy, following the decline in growth since the overthrow of former president Husni Mubarak in early 2011. Egypt is seen by Gulf countries as key to stability throughout the Arab and Muslim world; stability which needs to be reinforced at a time of major political up...
Volume: 57Issue: 35Published at Fri, 29 Aug 2014 -
Algeria: Terrorist Threat Low, But IOCs Keep An Eye On Security
...ys Riccardo Fabiani, an analyst at the Eurasia Group. And while the Algerian military were not deemed to be up to the task in 2011, some oil executives are now confident that the security forces have responded well to the shock of In Amenas. “We are conscious of what happened last year, co...
Volume: 57Issue: 34Published at Fri, 22 Aug 2014 -
Pressure Eases As Yemen Secures Long-Awaited Loan
...y oil and gas infrastructure has been regularly targeted by Islamic militants and tribesmen alike, since the start of anti-government protests in 2011. The protests, and the eventual ouster of President Salih the following year, left a power vacuum in the state that militants have since been looking to...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Confusion Reigns As Iran Denies Russia Oil Deal Reports
...anian oil exports are down by more than 1mn b/d on average over the past 12 to 16 months, relative to 2011 levels, on the back of international sanctions placed on it on account of its nuclear program (MEES, 1 August). Given Russia’s place among the P5+1 group of world powers currently in ne...
Volume: 56Issue: 32Published at Fri, 08 Aug 2014 -
Libya: Anarchy Entrenched As Fighting Continues
...uld be a first step towards strengthening central government in the aftermath of the 2011 revolution that toppled Mu’ammar al-Qadhafi. The despot left behind few state institutions that could be used as the basis for a functioning government; instead power quickly fell to the disparate militia groups th...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
Libyan Operators Wait For Output Surge
...ened up the pipeline to the Mellitah terminal; Sharara production is exported from nearby Zawiya. Before the revolution that toppled veteran despot Mu’ammar al-Qadhafi in 2011, Libya was producing 1.6mn b/d. The hasty shut down of fields and pipelines during the fighting led to fears that it would ta...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Saudi Arabia Denies Funding Isis
...ceived new support from Iran in the form of elite al-Quds brigade forces helping to fight the Sunni insurgency. Prince Muqrin bin ‘Abd al-‘Aziz, the former Saudi intelligence chief named recently as the future King of Saudi Arabia to succeed Crown Prince Salman, back in 2011 warned Washington at a me...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Turnout At Libyan Elections Disappoints
...5mn Libyans were registered to vote, less than the 2.8mn eligible in 2012. Killings Continue The same day, Salwa Bugaighis, a well-known human rights activist who had played a big role in the peaceful protests that preceded the armed struggle against Gaddafi in 2011, was killed in her house in Be...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
Yemen Oil Minister Replaced As Fuel Crisis Deepens
...e midst of a days-long blackout that followed, locals set tires and cars alight across the city, in what was in effect, a replay of the 2011 demonstrations that accompanied the Arab Spring. Roadblocks were also set up on a number of the city’s main roads, bringing economic activity to a virtual st...
Volume: 57Issue: 25Published at Fri, 20 Jun 2014 -
Iraq Fractures As North Falls To ISIS And Kurds Extend Their Reach
...dress Sunni demands and frustrations and his crackdown on protests that have been ongoing since the departure of US troops in 2011 made Iraq’s Sunni heartland fertile ground for the ISIS advance. Sunni tribes in the western province of al-Anbar have been protesting peacefully since early 2013. They de...
Volume: 57Issue: 25Published at Fri, 20 Jun 2014 -
Libya: Optimism Tempered By Fighting And Production Woes
...gn Mr Maiteeq went quietly, accepting the verdict the same day, a relief for Libyans. Mr Thinni only re-assumes the post temporarily; elections are due late this month. But for the first time since the fall of former leader Mu’ammar al-Qadhafi in 2011, the country is immersed in a drawn out bl...
Volume: 57Issue: 24Published at Fri, 13 Jun 2014 -
Cost Of Conflict Rises To $144bn
...SYRIA A report released last week, prepared by the Syrian Center for Policy Research (SCPR) and commissioned by UNRWA and UNDP, indicates that the Syrian economy has sustained losses of $143.8bn between the start of that country’s civil war in 2011 and the end of 2013. These losses ar...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014 -
Lebanon’s First Bid Round Likely Pushed Back To 2015
...vestors alike. Gulf citizens were a major boon to Lebanon’s economy, making annual pilgrimages to enjoy Beirut’s comparatively tolerable summers. This dynamic ended abruptly with the spread of violence in Syria in 2011, the influx of more than a million refugees into Lebanon, as well as the violence an...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014 -
Egypt: Poor Turnout Takes Shine Off Sisi Election Victory
...cular activists that had taken part in the 2011 Arab Spring revolution, arresting journalists that did not toe the government line. The media has long whipped up nationalist fervor in support of Mr Sisi, and a well-funded campaign has fostered a personality cult around the army strongman. The Muslim Br...
Volume: 57Issue: 22Published at Fri, 30 May 2014 -
Natural Gas Find To Propel Cyprus Towards Reunification?
...tural gas deposits in 2011 has given both Turkish Cypriots in the north and Greek Cypriots in the government controlled area in the south extra impetus to solve the division of the island. The consensus among experts is that the discovery of the 5 tcf Aphrodite field in Block 12 of Cyprus’ Exclusive Ec...
Volume: 57Issue: 22Published at Fri, 30 May 2014 -
Libya: Battlelines Drawn As Clashes Force Groups To Choose Sides
...andoff raises both the spectre of civil war, and an end of the political stalemate that has stalled progress since the overthrow of deposed leader Mu’ammar al-Qadhafi in 2011. On 16 May, the “Libyan National Army” commanded by former general Khalifa Haftar attacked the bases of Islamist militia in Be...
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
Yemen Mired In Fuel Subsidy Dilemma
...fficult to eliminate, as their main beneficiaries in society push – or in some cases even riot – to hold on to their subsidy-related ‘benefits.’ What was already a politically thorny issue however has taken on another dimension, in the aftermath of the 2011-12 wave of revolutions that swept across the Mi...
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
Can Saudi Arabia and Iran Put Regional Rivalry To Rest?
...esident Obama’s visit to Riyadh convinced Saudi rulers that compromises were necessary with Iran at this time. It may be that Riyadh is signalling a readiness to put an end to the simmering Shi’a-Sunni conflict that has reared its head since 2011 and is threatening the cohesion of countries like Iraq. An...
Volume: 57Issue: 21Published at Fri, 23 May 2014