Currently, less than half of the EU’s gas demand is met by domestic production. The rest is imported, mainly from Norway (36%), Russia (41%) and Algeria (10%). In recent years, LNG, or liquefied natural gas, has accounted for around 10% of the imports, with most of them coming from Qatar, Algeria, and Nigeria.
Europe is planning on recolonizing Libya, and so it will send in armed forces in the coming months to restore order and stem the flow of migrants coming from Africa. If this expedition army succeeds in securing parts of the country and restoring law and order, Italian and German engineers from ENI and Wintershall will follow suit to help resume the country’s oil production, which will add 1.3 million barrels per day (Libya produced 1.7 million barrels per day before Muammar Gaddafi was toppled in 2011) to the world oil glut 1)Crude oil production in Libya Source EIA.
References [ + ]
|1.||↑||Crude oil production in Libya Source EIA|
Analysts and journalists have spent lots of time and have gone to great lengths to raise the awareness of the public of the might of this royal enterprise, which is so large that its value cannot be estimated. So the mechanism has been triggered, Prince Mohammad bin Salman touted the Saudis as reformist and progressive only to later deny the news for all practical purposes. Now it is alleged that the said IPO concerns merely the oil refining part of the business, not the oil drilling, and it was the latter that fuelled the journalists’ figments of imagination.
Saudi Arabia has effectively muffled the question of it respecting the human rights within its borders, feeding the world mass media with the news of the Saudi government considering the sale of the shares in Aramco (IPO), its pearl in the crown, the petroleum giant, which is regarded as ‘probably the world’s most valuable company’. Analysts and journalists have spent lots of time and have gone to great lengths to raise the awareness of the public of the might of this royal enterprise, which is so large that its value cannot be estimated. So the mechanism has been triggered, Prince Mohammad bin Salman touted the Saudis as reformist and progressive only to later deny the news for all practical purposes. Now it is alleged that the said IPO concerns merely the oil refining part of the business, not the oil drilling, and it was the latter that fuelled the journalists’ figments of imagination.
The medial blurb on Armaco going public only served the purpose of reminding the world public opinion of the might of Saudi Arabia, whose authorities do not wish to be associated with beheading, Wahhabism, aerial bombings of Yemen or tacit support for ISIS. The ‘White ISIS’, as the Saudis are commonly referred to by Iranians, is in trouble, and it is not only its image that is tarnished; it is also a financial trouble. And the trouble is real.
National security agencies are failing to protect their airline carriers. Travel agency and airline carriers can not rely on traditional security information and security agencies. As states disintegrates, traditional governmental organization do not provide safeguards for reliable operations anymore.
We mentioned back in July that there is a full blown war in the Sinai. The Egyptian authorities do everything in their power to downplay the facts in order to hold the image of them being in full control. To protect their economical interest they do not share information about the situation. Hundreds of people have been killed in the Sinai last year alone. In September 12 Mexican tourists were accidentally shot by the Egyptian army and in august of this year a passenger airliner was targeted by a missile. The British plane was landing at Sharm el Sheikh airport when a rocket was launched in their direction the pilot barely managed to dodge it. This serious event did not result in appropriate actions by the UK’s or Egyptian security authorities.
Egypt, being in a very difficult geopolitical position, may be the next victim of the Syrian war. The Egyptian army has beens truggling with Islamic terrorists on the Sinai Peninsula for a long time, with he Libyan branch of Islamic State causing problems in the western part of the country. Unfortunately for President Abd al-Fattah as-Sisi, with Russian raids in Syria, Islamic militants are now moving to Libya through Sinai.
Egypt did not want to get involved in the war in Syria or in Iraq, directly or indirectly, trying not to spoil the relations with Saudi Arabia. Egypt shared with Bashar al-Assad the common aim, which is to fight the Islamic insurgency. In fact, the nation is waging a war in the north of Sinai against militant groups loyal to the Islamic State. The worst is yet to come, though.
Since the US coerces Turkey to participate in the Syrian war in July, the Syrian-Iraqi war has spilled across the boarder into Turkey. Our team tracks daily acts of war in Turkey. According to our first estimate, around one thousand people perished last month in eastern Turkey and Northern Iraq, as a consequence of the armed conflict between the Turkish army and Kurdish insurgents. Given the number of incidents, the daily attacks by Kurdish fighters in Turkey and the arming of Kurdish fighters in Iraq by the US, Germany and other Western countries, we expect the situation to deteriorate even further. We will come with more exact numbers in the coming weeks. It is no coincidence that the refugee crisis moved into Europe at the same time that Turkey became the next victim of a mix of reckless US-Europe foreign policies, ethnic conflicts, religious fanatics and scruples political ambitions.