Insight
MENA upstream month in brief: 1 October 2015
Report summary
The Kurdistan Regional Government authorised the first of its planned regular payments for oil exports to IOCs. Iran is planning to announce new fiscal terms to replace the old buy-back contracts. Libya works on a peace agreement, while Israel struggles to overcome gas regulatory issues. While Iraq plans to reduce investment in 2016, the KRG has announced plans to build three refineries. Developments in the Gulf move ahead, with ONGC submitting a plan for Farzad B in Iran, and Qatar tendering for offshore platforms at Bul Hanine. We also look ahead to the impact of Eni’s Zohr discovery in Egypt.
Table of contents
- Lead stories
- Other stories from around the region
- Events to watch
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