1. AES/Mitsui Start Up 240MW Jordan Tri-Fuel Plant

    ...s a key factor in selecting technology for the second project. Before the Mubarak regime collapsed in 2011, Jordan relied on Egyptian gas for around 70-80% of its power generation fuel. But gas supply then became increasingly unreliable, comprising less than 20% of fuel burned in 2012, according to Ne...

    Volume: 57
    Issue: 31
    Published at Fri, 01 Aug 2014
  2. End Of OPEC’s Revenue Golden Age?

    ...)*               2013 vs 12   2013 vs 08   2013 vs 03     2008 2009 2010 2011...

    Volume: 57
    Issue: 31
    Published at Fri, 01 Aug 2014
  3. 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: 57
    Issue: 31
    Published at Fri, 01 Aug 2014
  4. Morocco Bags IMF, EU, Qatari Cash

    ...s   *INDIRECTLY, THROUGH PUBLIC TRANSPORTATION. **REDUCED IN THE CASE OF DIESEL. SOURCE: IMF. €890MN EU Grant The EU will grant Morocco €890mn over 2014-17 “to advance growth in the Moroccan economy” as part of its European Neighborhood and Partnership Instrument. For the previous period of 2011...

    Volume: 57
    Issue: 31
    Published at Fri, 01 Aug 2014
  5. Egypt To Extend Gas Grid With World Bank Help

    ...in 2011, Tunisia appears to be moving towards more liberal forms of governance and more citizen participation. “Tunisia has embarked on the historic task of reorganizing the way decision making in response to citizen needs and priorities is distributed, putting decentralization at the heart of its ne...

    Volume: 57
    Issue: 31
    Published at Fri, 01 Aug 2014
  6. Iran Official Crude & Products Output, Consumption And Trade Figures To April 2014 (‘000 B/D)

    ...IRAN   Apr-14 Mar-14 Jan-Apr ‘14 vs Jan-Apr ‘13 vs Jan-Apr ‘12 2013 2012 2011 20...

    Volume: 57
    Issue: 31
    Published at Fri, 01 Aug 2014
  7. Japanese Crude Oil & Condensate Imports, Q2 2014 (‘000 B/D)

    ...12 2011 Middle East 2468.8 2711.2 2821.9 2667.3 81.6 -649.4 -19.6 -198.0 -6....

    Volume: 57
    Issue: 31
    Published at Fri, 01 Aug 2014
  8. Benchmark Crude Prices ($/B)

    ...12 2011 WTI 98.17 102.85 101.68 102.36 105.13 103.00 98.56 98.03 94...

    Volume: 57
    Issue: 31
    Published at Fri, 01 Aug 2014
  9. Libyan Oil Output Edges Up As Fighting Threatens Recovery

    ...rsa el-Hariga, according to traders. Political Compromise Possible? If the ports remain open, the exports routes can accommodate a revival of oil output. Libya produced 1.6mn b/d prior to the 2011 revolution, and only just fell short of these volumes in 2013 before strikes and blockades in...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  10. Syria: Output At 17KB/D

    ...atistics, is down 11,000 b/d on output in the corresponding period last year. Syrian gas production has also shrunk by half to 16.36mn cmd (578mn cfd) in 1H14 from about 30mn cmd (1,059mn cfd) in March 2011, when the upheaval started. Mr ‘Abbas explained that the Syrian authorities had lost to the Ji...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  11. Falling Oil & Gas Exports Hit Algeria’s Trade Surplus

    ...s regularly voiced its concern about the rise in imports and the fall in hydrocarbons exports. This has been the trend since 2011, when the trade surplus fell from $26.24bn to $21.49bn in 2012 (down 18.1%) and to $11.07bn in 2013 (down 48.5% from 2012). Algeria’s Trade Statistics ($Bn...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  12. MENA Leads OPEC Refining Hike As First Mega-Refinery Comes Onstream

    ...0 B/D)               13 vs 12   13 vs 09       2009 2010 2011 2012 2013 ‘00...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  13. Iranian Oil Export Revenues Slump 39% In 2013

    ...IRAN The value of Iran’s petroleum exports fell to $61.9bn in 2013, down a whopping 39% on $101.5bn for 2012. This was already well down on $114.8bn for 2011. Latest data released by OPEC shows, as export volumes slumped in the fact of tightening Western sanctions. Iranian crude oil ex...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  14. Sudan Economy Continues To Reel From Southern Amputation

    ...layed by around 16 months, resulting in a further hit to the Sudanese economy. “What we saw was a significant increase in the budget deficit [in this period],” Mr Erasmus says. “The budget balance deteriorated from a surplus of around 0.2% in 2011, to a deficit of 4.5% in 2012. This was financed al...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  15. IMF Lauds Saudi Economic Performance, But Warns Spending Is Too High

    ...cade, the government has finally decided to press ahead with the measure as part of a series of gradual liberal reforms.”  Saudi Arabia: The IMF’s Latest Economic Numbers (2010–14)   2010 2011 2012 20...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  16. Saudi Arabia Official Crude & Products Output, Consumption And Trade Figures (‘000 B/D)

    ...J-M12 2013 2012 2011 2010 2009 Crude Production (Official) 9,705 +45 +48 9660 95...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  17. Benchmark Crude Prices ($/B)

    ...12 2011 WTI 102.07 101.68 102.60 105.13 101.90 103.00 98.56 98.03 94...

    Volume: 57
    Issue: 30
    Published at Fri, 25 Jul 2014
  18. Libya: Stability Under Threat As Oil Output Recovers

    ...low a return to full capacity. Prior to the civil war that dislodged Mu’ammar Qadhafi in 2011, Libya was producing 1.6mn b/d. After the fighting, during which operations ceased, output rebounded beyond initial expectations, and was back at around 1.5mn b/d when the PBC and western protestors again fo...

    Volume: 57
    Issue: 29
    Published at Fri, 18 Jul 2014
  19. Jordan Approves Shale-Fired Power, Mining Project

    ...pplies became intermittent after the collapse of the Mubarak regime in 2011. This forced an even greater reliance on imported oil for power generation – nearly 90% in 2012 compared with less than 60% in 2009 – and sped up the ministry’s pursuit of fuel diversity.   Ambitious Plans Jordan cu...

    Volume: 57
    Issue: 29
    Published at Fri, 18 Jul 2014
  20. MENA Energy Subsidies: Some Progress But Much More To Do-IMF

    ...port, ‘Subsidy Reform in the Middle East and North Africa: Recent Progress and Challenges Ahead,’ questions whether Egypt has properly laid the ground for such reform. MENA: 48% Of Global Total MENA countries spend much more on subsidies than other regions: for 2011 the cost was $237bn, 48% of th...

    Volume: 57
    Issue: 29
    Published at Fri, 18 Jul 2014