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Oman's LNG exports will increase as oil plateaus

Location:

OMAN

Previously, in January, the energy ministry announced it was offering three new oil and gas concessions. Muscat wants to engage private companies in efforts to unearth fresh…

Somalia and Turkey may struggle to realise oil deal

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SOMALIA/TURKEY

The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…

Doha will hedge against LNG dependence

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QATAR

Earlier in January, it awarded contracts to increase and sustain output at its main oilfield. Doha wants to dilute its overdependence on a single commodity and to extract value…

Iraq's oil output will grow despite challenges

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IRAQ

The government sought to capitalise on political stability and high oil prices to attract international oil companies (OICs) to invest in new prospects on improved terms…

Libyan energy ambitions will likely fall short

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LIBYA

Earlier, on January 7, NOC was forced to declare force majeure at Sharara oil field, the country’s largest, after protests shut it down. Oil and gas usually account for more than…

Vietnam will rethink its relations with Russia

Location:

VIETNAM

Vietnam is Russia’s closest partner in South-east Asia and has refused to criticise Moscow over the Ukraine war. Between 2000 and 2022, Russia accounted for more than 80% of…