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Libya’s Gas Export Dreams Face Hard Reality
...art 1). The figure is dangerously close to 2011’s all-time low of 215mn cfd when production and exports were shut in for long periods during that year’s revolutionary turmoil. Libya’s sales gas output rose marginally last year to 1.2mn cfd, but this is still more than 20% below 2010’s record of 1.55mn cf...
Volume: 65Issue: 48Published at Fri, 02 Dec 2022 -
Turkey-Syria LPG Shipments & The Lebanon Link
...oking, space and water heating as well as in the industrial sector. Western sanctions on Damascus, as well as the civil war which has gripped the country since 2011, have strangled Syria’s oil and gas industry with the government claiming losses in excess of $100bn (MEES, 11 February). Despite sanctions, cr...
Volume: 65Issue: 47Published at Fri, 25 Nov 2022 -
Saudi Arabia Wary of Iraq’s New Iran-Backed Leader
...nure of Mr Maliki were fraught as the longest serving post-2003 PM got closer to Tehran after the US forces withdrew from Iraq in 2011. Only his ousting in the aftermath of the 2014 fall of Mosul to ISIS paved the way for active diplomacy between Baghdad and Riyadh. Mr Sudani has praised the ki...
Volume: 65Issue: 46Published at Fri, 18 Nov 2022 -
Kuwait’s Emir Appoints Eldest Son As PM
...nister portfolio. In 2011, when a regular MP, al-Ghanim organized the grilling of Sheikh Ahmed Al Fahad over allegations of corruption in contracts worth $900mn. This, amongst other factors, led to the cabinet resigning. The allegations extended to court cases in the United Kingdom and Switzerland an...
Volume: 65Issue: 30Published at Fri, 29 Jul 2022 -
Syria Oil-For-Aid Initiative: Can It Gain Traction?
...London-based independent Gulfsands has had zero production since 2011. With the firm’s sole assets frozen in Syria, it is trying to drum up interest in an oil-for-aid program that would see itself and other foreign producers return to their fields. The Syrian state’s share of proceeds from th...
Volume: 65Issue: 26Published at Fri, 01 Jul 2022 -
East Med Power Politics As US & EU Officials Fly In
...ttle on its previous claim submitted to the UN in 2011, although this would still require Israel to cede 860km² of disputed waters. It is unlikely that Israel will accept Beirut’s new proposal but rising tensions and the lack of an agreement on where the maritime border between the two countries li...
Volume: 65Issue: 24Published at Fri, 17 Jun 2022 -
Libya Slides Into Deeper Disarray
...bya want free and fair elections. But they want it on their own terms. The problem is that if there’s winners then there must be losers. The biggest losers are Libyans themselves who have undergone three civil wars since 2011. While politicians and military figures squabble over power, public se...
Volume: 65Issue: 20Published at Fri, 20 May 2022 -
Libya Sees Smuggling Surge As Oil Prices Rise
...e illicit trade of products like gasoline and diesel. As international oil prices shoot through the roof, so have reports of attempted fuel smuggling. Some may get caught, but many groups remain seemingly untouchable. Libya’s fragmentation following the fall of Gaddafi in 2011 has led to a state do...
Volume: 65Issue: 20Published at Fri, 20 May 2022 -
‘The Opportunities Are Massive’: The Risks & Rewards Of Operating In Libya
...mbined production capacity of about 250,000 b/d (see map). A decade of near-continuous instability following the ouster of Gaddafi in 2011 has not done the country’s all-important oil sector any favors. The resulting fighting, mismanagement and forced shutdowns have left infrastructure in ta...
Volume: 65Issue: 02Published at Fri, 14 Jan 2022