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Iraq’s Northern Oil Infrastructure Under Attack From Islamic State
...vember Kasak 10 Restarted in 2017 following IS damage Qayara 14 Restarted in 2017 following IS da...
Volume: 63Issue: 51Published at Fri, 18 Dec 2020 -
Russia Overtakes KRG As Israel’s Top Crude Supplier For 2020
...plying a record stockbuild given lackluster demand (MEES, 4 September) – imports fell back to 208,000 b/d last quarter according to data intelligence firm Kpler. That marked the lowest quarterly figure since Q4 2017’s 197,500 b/d. Israel has had considerable success in diversifying its import slate si...
Volume: 63Issue: 43Published at Fri, 23 Oct 2020 -
Turkey’s East Med Drilling Campaign: Politics By Other Means
...le in the wider region. The 2017 collapse of internationally-mediated talks in the Swiss resort of Crans Montana to unite ethnically divided Cyprus also provided a fig leaf for stepping up activity in Cyprus’ waters. LITTLE OFFSHORE EXPERIENCE Until its recent acquisitions of dr...
Volume: 63Issue: 41Published at Fri, 09 Oct 2020 -
Lebanon-Israel Talks
...d Russia’s Novatek still bid (and were awarded) Lebanon’s Block 9 in 2017 – though the French giant explicitly noted it wouldn’t drill within disputed waters (MEES, 16 February 2018). The first well is expected early next year following the consortium’s flop in Block 4 earlier this year (MEES, 1 Ma...
Volume: 63Issue: 40Published at Fri, 02 Oct 2020 -
Qatar Trade Patterns Three Years Into The Embargo
...plomatic relations with Qatar on 5 June 2017 and imposed an economic embargo that remains in place to this day. Qatar was forced to reshape its trade links in order to withstand the embargo (MEES, 9 June 2017) and three years later trade patterns have changed considerably. The situation has normalized to...
Volume: 63Issue: 37Published at Fri, 11 Sep 2020 -
Iraqi PM Courts Iran & Saudi Arabia
...udi Arabia’s influential Crown Prince Mohammad bin Salman has adopted a more nuanced approach to Iraq however, and has extended an olive branch to Baghdad in a bid to counter Iran’s influence (MEES, 1 September 2017). With Saudi Arabia far better placed than Iran to finance large-scale projects, th...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
Kuwait’s Ailing Emir
...gional level, Emir Sabah’s rule has been characterized by his active role as a mediator in local disputes. Perhaps the most pertinent recent example is his – so far unsuccessful – efforts to broker an agreement between Qatar and Saudi Arabia, UAE and Bahrain since the start of the June 2017 embargo (ME...
Volume: 63Issue: 30Published at Fri, 24 Jul 2020 -
Lebanon-IMF Talks Stall As Economy Deteriorates
...vernment. Saudi Crown Prince Muhmmad bin Salman has largely steered clear of Lebanon following the alleged kidnapping of former PM Saad al-Hariri in 2017 (MEES, 24 November 2017). Just this week, Emirati minister of state for foreign affairs Anwar Gargash told CNBC that “If we see some of our friends, ma...
Volume: 63Issue: 26Published at Fri, 26 Jun 2020 -
Yemen: Political Standoff, Oil Sector Stability
...men’s current output. Volumes are piped to a 3.5mn barrel storage terminal at Ash Shihr, with export sales via tender. Trading giant Glencore emerged as an early buyer (MEES, 15 September 2017), but various other entities have emerged as takers since, with 2mn barrel cargoes lifted every 50 days or so...
Volume: 63Issue: 25Published at Fri, 19 Jun 2020 -
Saudi Arabia Looks To Expand Iraq Footprint
...aken Iran’s dominance in Baghdad (MEES, 1 September 2017). As Bruce Riedel, a former CIA analyst and Middle East expert on the US National Security Council told MEES in 2018, Saudi Arabia’s evolving relationship with Iraq is “perhaps the most enlightened part of current Saudi foreign policy” (ME...
Volume: 63Issue: 22Published at Fri, 29 May 2020 -
Saudi Renewables: Seconds Out For Round Three As Heavyweights Enter The Ring
...ase two and 800MW phase three, were awarded to Acwa and TSK and to Masdar and EDF, respectively. Phase two started up in 2017 while two phases with 500MW combined have been started up at phase three and the third is due online in April (MEES, 11 October 2019). The three Saudi firms in the key bi...
Volume: 63Issue: 13Published at Fri, 27 Mar 2020 -
Iran Boosts Uranium Upgrading As Domestic Problems Mount
...er 20mn t/y exported. This has likely fallen sharply since the US targeted major producer and exporter PGPIC (MEES, 14 June 2019). Crude and condensate exports averaged a record 2.66mn b/d in 2017 and hit 2.8mn b/d as recently as mid-2018 before collapsing later in the year with the imposition of US sa...
Volume: 63Issue: 11Published at Fri, 13 Mar 2020 -
Iraq Crude Exports: Slow January Highlights Systemic Vulnerabilities
...ptember 2017. Exports from the semi-autonomous Kurdistan Region also fell – to just 350,000 b/d according to data intelligence firm Kpler – pointing to total Iraqi exports of just 3.66mn b/d. Federal exports can often be volatile in the winter months when bad weather can impede loadings from Basra, an...
Volume: 63Issue: 06Published at Fri, 07 Feb 2020 -
Algeria & Morocco: Uneasy Neighbors
...fore GME crosses into Morocco) to the Medgaz jump-off point at Beni Saf (MEES, 22 November 2019). Morocco and Algeria also exchange electricity through three interconnection points. In 2018, Morocco exported 3.9GWh to its neighbor after importing 149.1GWh in 2017. But these numbers pale in co...
Volume: 63Issue: 05Published at Fri, 31 Jan 2020 -
Turkey Planning More Drilling Off Southern Cyprus
...ports, and the government spokesman, implied that Ankara had used nefarious tactics to obtain the data, going as far as also claiming that Eni had colluded with Turkey. Ultimately, the data had been published in 2017 on a government website, then subsequently removed. ...
Volume: 63Issue: 04Published at Fri, 24 Jan 2020 -
Israel Scores Gas Diplomacy Breakthrough As Leviathan-Egypt Flows Begin
...is marked the start of Israel-Jordan gas deliveries indicate just how successful Jordan has been at avoiding publicity for the modest imports that began back in 2017. Those initial volumes were of gas from the Tamar field to Jordan’s Arab Potash plant on the Dead Sea. GEOPOLITICAL WIN-WI...
Volume: 63Issue: 03Published at Fri, 17 Jan 2020 -
Leviathan Reserves Get ‘Contingent’ Boost
...reserves is the same as for 2P. But the difference is the lack of an approved economic development plan for the “contingent” volumes. Leviathan development only moved forward in early 2017 on the basis of a scaled-back version of what had been dubbed ‘Phase 1’ development: with just four pr...
Volume: 63Issue: 03Published at Fri, 17 Jan 2020 -
Gulf States Call For De-Escalation Of Regional Tensions
...ES, 8 December 2017). Saudi Arabia’s deputy minister of defence Khalid bin Salman – brother of de facto leader Muhammad bin Salman – wrote on Twitter on 8 January that “the Kingdom and its leadership always stand with brotherly Iraq and its dear people,” adding that Saudi Arabia “will do everything in...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Israel’s Leviathan: Deliveries Start, Controversy Remains
...viathan in 2010 but struggled for years to get the sales deals in place to support even Phase-1 development under which output is slated to hit 1.2bn cfd later this year. It finally took FID in 2017. Noble has 39.67%, partnered by Israeli firms Delek (45.33%) and Ratio Oil (15%)....
Volume: 63Issue: 01Published at Fri, 03 Jan 2020