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Accelerating MENA’s gas transformation
Gas has become a pillar of MENA economies and a catalyst for development strategies, fostering cooperation and creating new paths for economic diversification. Continued progress will require substantial investment and adapted regulations
MENA states sharpen their gas focus
The GCC countries and other states in the region are looking to make greater domestic use of gas, both that produced at home and imported volumes
Fear and loathing in US LNG buildout
Overall gas optimism is blighted by concerns over lingering regulatory and infrastructure hurdles that could hamper expansion of US LNG exports, weaken security and stifle AI ambitions
Middle East doubling down on oil strength
Saudi Arabia, the UAE, Iraq and Kuwait aim to turn geological advantage into sustained geopolitical power via greater spare capacity
Deepwater’s race against time
E&Ps are on the lookout for the next big deepwater discovery amid questions over the Guyana and Santos basins, but technological advancements provide optimism
US sees energy dominance as strategic necessity
The Trump administration is using energy exports to strengthen political and economic ties with allies and weaken adversaries, while simultaneously exploiting those ties to open up further markets for US energy
Letter from the US: Washington’s threat to oil exporters
With Trump poised to secure a majority on the Federal Reserve Board, slashed interest rates will weaken the dollar and cause economic pain for producers
Appalachian gas returns to steady growth
New pipeline projects will boost egress from the region as the gas market expands amid datacentre demand and higher LNG exports
GECF pours cold water on US-EU energy trade deal
The framework deal is more about symbolic transatlantic solidarity more than increasing actual trade volumes, according to the GECF
EIA again cuts US gas price forecasts, but market still to tighten
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year
Iraq Iran US Chevron
Clare Dunkley
1 September 2020
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Kadhimi woos Washington

The new Iraqi premier is leveraging the US administration’s loathing for Iran to secure energy investments

Iraqi prime minister Mustafa Kadhimi's first official trip to the US in late August, just months into the job, was followed by the announcement of a slew of gas and power-focussed deals with American energy companies. The White House described them as being designed to enable "rapid progress towards energy independence from Iran". Yet the details of the deals—or lack thereof—suggest Iran has little immediate cause to fear losing either the cash or political influence it gains from its arrangement. The five US agreements’ stated value of “up to $8bn” covers a broad range—and only one had a specific value attached. The key accord, in terms of the core US aim of increasing Iraqi gas production,

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