Oil & Gas
Key MENA countries rely on oil & gas for well over 50% of their revenue. For Iraq and Algeria, hydrocarbons provide over 90% of their export earnings. Whilst Saudi Arabia has a (so far largely rhetorical) National Transformation Plan, other countries have barely begun to consider how to adapt to the looming 'energy transition'.
3 Dec, 2021
Featured
Egypt LNG Exports Slide
Egypt’s LNG exports have slid from October’s 12-year high on outages at BP’s Raven field. Despite stable recent output at Eni’s Zohr, loadings remain depressed.
Egypt LNG Exports (mn tons)
3 Dec, 2021
Top Story
Aramco’s Jafurah To Power Major Gas Drive
Aramco is putting a decade’s worth of studies to the test as it kicks off development of the $100bn+ Jafurah unconventional gas project. Major expansion to the kingdom’s gas pipeline network is also planned to deliver the resources far and wide.
Saudi Arabia Plans Major Gas Pipeline Expansion
NEWS IN BRIEF
Kuwait’s Al Zour Refinery: $1.65bn Damages Claim
3 Dec, 2021
Hashem Steps Down As KPC CEO
3 Dec, 2021
Iraq: Zubair Drilling Contract
3 Dec, 2021
Egypt’s West Bakr Wind Start Up
3 Dec, 2021
Apache Hails New Egypt Deal
3 Dec, 2021
Iraq: $7.6bn November Oil Revenue
3 Dec, 2021
Lebanon Extends Bidding, Again
3 Dec, 2021
Korea’s S-Oil Eyes Saudi Hydrogen
3 Dec, 2021
SELECTED DATA
Gas Output At Egypt's WDDM Is Down 80% Over The Last Decade (mn cfd)
Gas Output From Eni’s Egypt Mediterranean* Concessions Fell 16% For 2020 (bn cfd)
Egypt Gas Output Up 12% QOQ To Record 6.96bn cfd For Q1 As Zohr Ramp-Up Continues (bn cfd)
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