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  • OIL - ENERGY MARKETS

OIL - ENERGY MARKETS

EGYPT NOW REGIONAL ENERGY HUB FOR AFRICA & GERMAN-RUSSIAN GAS/OIL HOOK UP

12/27/2019

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Egypt moves into position as regional energy hub
 President Abdel Fattah al-Sisi has announced Egypt is ready to export electricity to Africa at low prices.
Germany Puts Its Head in Russia's Energy Pipeline Noose by Soeren Kern  •
​New oil, gas field in Egypt promises more discoveries
Egypt’s successive governments have largely ignored drilling of oil and gas in the Western Desert given the high cost of such an operation, although the area is rich.
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TURKEY'S EMERGING ENERGY CRISIS & CONSEQUENT BALANCE OF PAYMENTS

12/21/2019

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Turkey’s energy miscalculations have hefty cost
 More than a third of Turkey’s installed power capacity remains idle after an ill-calculated rush for energy that has had a hefty financial and environmental cost.
Issues 2020: A Fracking Ban Would Trigger Global Recession
Mark Mills, Manhattan Institute

The extraction of oil and gas through the techniques of horizontal drilling and hydraulic fracturing (colloquially, “fracking”) has catapulted the United States into leadership of the world’s energy markets. Since 2007, fracking has doubled U.S. oil production and increased gas production by 60%. Instead of a major importer, America is rapidly becoming the largest exporter of oil and is expected to supply the majority of net new energy traded on global markets over the next two decades. Read more here.... (Photo: sasacvetkovic33/iStock)
Oil trail reveals Turkey funding Syrian Kurdish rivals
 Through oil, Turkey is helping to indirectly subsidize the very same Syrian Kurdish administration that it's seeking to crush.
 Rival government rallies support against Libya's maritime border deal with Turkey 
The chairman of Libya's eastern-based parliament, Aguila Saleh, is on a regional tour to rally support against an agreement on maritime boundaries between the rival UN-backed government in Tripoli and Turkey. Saleh met with Arab Parliament President Mishaal bin Fahm al-Salami in Cairo to press his case, Arab media reported today. “The signing of this agreement without ratification by the Libyan House of Representatives aims to cede the sovereignty of the Libyan State and its legitimate rights to the Republic of Turkey to enable it to invest in this area, which is null and void by all standards,” Saleh said.
Turkish President Recep Tayyip Erdogan said on Monday that Turkey and Libya can now carry out joint exploration operations in the eastern Mediterranean. Ankara supports the Tripoli-based Government of National Accord, which has been assault by the House of Representatives-aligned Libyan National Army led by Khalifa Hifter since April. 
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ISRAEL EXPORTS NATURAL GAS TO EGYPT

12/14/2019

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Israel to begin exporting gas to Egypt next month
 In just a few weeks, Egypt should be receiving natural
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BEIJING & RIYADH GROW CLOSER WITH ARAMCO:  OIL; AND RUSSIA'S SIBERIAN OIL BEGINS

12/8/2019

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THE SAUDI ARAMCO BIG PICTURE
ASIA TIMES
SIBERIAN OIL
SAUDI'S OVERPRICED IPO ARAMCO
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PUTIN VISITS TURKEY OVER NATURAL GAS CORRIDOR WHILE US PETROL-STATE ARRIVES

12/3/2019

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Turkey's Open Secret: Fake Secularism by Burak Bekdil  •
Putin to visit Turkey for natural gas pipeline launch 
Russian President Vladimir Putin will visit Turkey on Jan. 8 to participate in the launch of a natural gas pipeline from Russia, the Kremlin announced Monday. TurkStream's first line will supply gas to the Turkish market, while a second line will pass through the country to Bulgaria, Serbia, Hungary and Slovakia to supply gas to some 15 million homes in southern and southeastern Europe.
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dailysabah.com
ASIA TIMES:  TURKISH OIL RELATIONS WITH LIBYA
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