Iraq pumps at full tilt, but qualms over contract terms linger on

There is much in early 2018 for the veteran oil minister Jabbar Al-Luaibi to feel positive about, wih exports from the southern Basra terminals breaking historical records. In December 2017, Iraq averaged 3.535m b/d of exports, the fourth successive month of higher loadings, according to Ministry of Oil (MOO) data. Overall production averaged 4.41m b/d, according to S&P Global Platts – slightly higher than the country’s 4.34m b/d Organisation of Petroleum Exporting Countries (Opec) quota. 11/01/2017 Issue 1,051 Read More

Bahrain's Economic Performance

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Gulf boundaries and hydrocarbons infrastructure

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The Gulf region: economy and society

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Iraqi Kurdistan hydrocarbons infrastructure map

Revised in January 2015, this map provides a detailed overview of hydrocarbons infrastructure in the Kurdistan area of Iraq.

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Shale oil find a boon for Bahrain, if it doesn’t torpedo reforms

The discovery of a reserve of more than 80bn barrels of shale oil in shallow waters off the west coast of Bahrain, first...

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Saudi Arabia: Autocratic tendencies define disrupter-in-chief MBS’s agenda

  Issue 1,056 - 22 March 2018 Despite all his efforts to project a more modern, tolerant and less corrupt image of...

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Defences waver of currency pegs that served GCC states well

Currency pegs to the US dollar have been a central element of the Gulf Co-operation Council (GCC) states’ economic...

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