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'.

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Libya Crude Output (‘000 B/D): December’s 1.35mn b/d Was The Highest Monthly Figure Since Early 2013

Kuwait Heavy Crude Oil Production Has Posted Steady Gains (‘000 b/d)

Algeria’s Gas Exports Fell By 6.6% To 48.7bcm For 2024 With Both LNG And Key Pipeline Customer Italy Well Down (bcm)

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