Latest Intelligence on Midstream Energy in Middle East and Africa

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Type Product title / description Pub Price
CommentWire
CommentWire

Turkmenistan: emerging as a strong gas partner for the EU

In an attempt to establish itself as an exporter to the EU, Turkmenistan has announced plans to provide some of its 40bcm annual surplus of natural gas to the Nabucco pipeline project. Although this will allow the country to diversify its export markets, it will face numerous challenges to selling its gas to the EU, as it will have to bypass the two major players in the region, Iran and Russia.

Published By Datamonitor
10 Dec 2010
CommentWire
CommentWire

Turkish gas: Iranian deal driven by pragmatism

In a bid to bolster its goal of becoming a major European gas hub, Turkey has entered into a deal worth around GBP1.75 billion with Iran, through which it will help to develop the region's massive South Pars gas field. Despite opposition to the deal on political grounds, the agreement will help to secure European energy supplies as alliances with Russia become increasingly risky.

Published By Datamonitor
24 Jul 2007
Expert View
Expert View

Trouble in North Africa threatens Europe's fuel supplies

As revolution sweeps through the Middle East and North Africa, the region's economic stability is increasingly at risk. It took only two days for Libya to descend into full-scale civil war, and Algeria remains on high alert. While the political mayhem is a threat to Europe's post-colonial legacy, Libya and Algeria stand out from the rest due to Europe's dependence on their oil and gas resources.

Published By Datamonitor
23 Feb 2011
CommentWire
CommentWire

Tamoil: selling the family silver

Following confirmation by the Libyan government that 60% of state owned Tamoil is up for sale, the bidding process for the stake has begun in earnest. With refining capacity and significant distribution networks in the Italian and Swiss markets up for grabs, the offer will be attractive to buyers hoping to benefit from the favorable market conditions in the oil sector.

Published By Datamonitor
01 Nov 2005
CommentWire
CommentWire

Shell: increased preparations ahead of 2009 hurricane season

After destructive hurricanes in the Gulf of Mexico in recent years, and with insurance both less available and more expensive, Shell Oil has taken a proactive approach to storm preparation for the 2009 Atlantic hurricane season. However, while a hurricane would severely impact US gasoline and natural gas prices, it would have a surprisingly minor effect on the wider oil economy.

Published By Datamonitor
08 Jun 2009
Expert View
Expert View

Second-tier oil and gas companies seek strategic repositioning

Facing stiff competition in areas such as the Gulf of Mexico and North Sea, where top-tier companies (in terms of market capitalization and total annual oil production) have the scale to both tender and take on the biggest projects, second-tier oil and gas companies such as Anadarko, Murphy Oil and Devon Energy are thinking outside the box and strategically repositioning themselves.

Published By Datamonitor
17 Sep 2010
CommentWire
CommentWire

Repsol: looking to capitalize on African reserves

Africa has abundant reserves of oil and gas, yet until recently few companies have dared to explore the continent's resources. Unstable politics, high operational costs and challenging corporate governance issues have discouraged most, although a few private companies have managed to overcome these obstacles. Repsol however is one of the first majors to expand its license portfolio to West Africa.

Published By Datamonitor
04 Oct 2010
Expert View
Expert View

Renewed fears of gas cartelization remain unfounded

The recent meeting of the Gas Exporting Countries Forum has again reignited fears that the organization will emerge as a gas OPEC. These fears have been further fuelled by plans to set up a price formula working group. However, the ability of the GECF to emerge as a gas OPEC, at least in the short to medium term, remains limited.

Published By Datamonitor
13 Apr 2007
Expert View
Expert View

Political fragmentation and dealings with Iran may affect the development of Iraq's energy industry

Each day, thousands of barrels of crude oil and refined products cross the border into Iran from Iraq, primarily from the semi-autonomous region of Kurdistan. The proceeds from this trade are vital to the post-Saddam reconstruction of Kurdistan, and are equally as important for Iran, where the refining industry is struggling to produce enough fuel to meet the country's rapidly growing demand.

Published By Datamonitor
29 Oct 2010
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Expert View

Oil giants post impressive but unsustainable Q3 successes

The majority of the world's biggest oil companies have posted impressive Q3 profits off the back of recovering oil and gas prices, increased production and, in some cases, improved refining margins and shrewd restructuring. However, refining is still a big challenge for many in the industry, and it remains to be seen whether profits so heavily dependent on fickle market prices can be sustained.

Published By Datamonitor
02 Nov 2010

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