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Algeria-Turkey LNG Deal
...-year extension inked in 2014. With output from the country’s own Sarkaya field in the Black Sea ramping up and Russia offering Ankara cut-price supplies for want of alternate markets, Turkey is evidently reluctant to commit to a longer-term contract for potentially more expensive oil-price-linked Al...
Volume: 66Issue: 48Published at Fri, 01 Dec 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 -
Egypt Presidential Elections
...untry’s current financial turmoil that has seen it turn to the IMF, World Bank and its Gulf allies for financial assistance (MEES, 24 March). President Sisi was first elected in 2014 following the ouster of Muslim Brotherhood-backed President Mohammed Morsi, and was re-elected with 97% of the vote in 20...
Volume: 66Issue: 39Published at Fri, 29 Sep 2023 -
Kuwait Refinery Restart
...anim al-Otaibi reporting the same day that the refineries were back at full capacity. Power outages at the plants are not new (MEES, 31 January 2014), and high temperatures in Kuwait have seen electricity demand hit new records with the strain seeing several substations shut down in recent weeks (see p1...
Volume: 66Issue: 38Published at Fri, 22 Sep 2023 -
Iraq: Sinopec Back At Mansuriya?
...e southern gas grid. The pipeline is slated for completion this year. PEG has won multiple projects in Dhi Qar and has a strong working relationship with SCOP that dates to at least 2014. ...
Volume: 66Issue: 17Published at Fri, 28 Apr 2023 -
Iraq’s Gharaf: Gas Award
...e southern gas grid. The pipeline is slated for completion this year. PEG has won multiple projects in Dhi Qar and has a strong working relationship with SCOP that dates to at least 2014. ...
Volume: 66Issue: 17Published at Fri, 28 Apr 2023 -
Libya’s Waha: Hess Confirms Total, Conoco Each Paid $75mn For Stakes...
...d restored three wells to production that had been offline since 2014, adding a total of 2,500 b/d to production....
Volume: 66Issue: 04Published at Fri, 27 Jan 2023 -
South Korea: Record LNG Import Bill As Australia Overtakes Qatar
...$21.48/mn BTU for its 2022 LNG imports, including a monthly record $29.19/mn BTU in September, it should come as no surprise that the country’s overall import bill smashed previous highs: at a cool $50bn it was twice the 2021 figure and almost $19bn above the previous record of $31.4bn set in 2014...
Volume: 66Issue: 03Published at Fri, 20 Jan 2023