Turkey’s Fidan heads to Libya as US-backed unification push gathers pace The Turkish foreign minister will hold talks in both Tripoli and Benghazi as Ankara seeks to preserve its military, maritime, energy and commercial interests while Washington pushes Libya’s rival camps toward a power-sharing arrangement. Turkey
Kuwait's LNG imports climb to highest level since start of Iran war The country's domestic gas production has fallen drastically since the beginning of the US-Israel-Iran war in February. Kuwait
Explainer UAE-Egypt ties keep growing as Cairo navigates shifting Gulf landscape An Emirati investor could soon strike a $2.7 billion deal to develop another tourism project on Egypt's North Coast, the latest in a string of UAE-linked pacts that have continued advancing despite turmoil from the US-Iran war. Egypt
Explainer Egypt, Libya begin studying $1B oil pipeline: What to know The two countries are nearing the launch of a joint project to build a pipeline linking the Egyptian city of Alexandria with the Libyan city of Tobruk, Asharq Bloomberg reported. Egypt
Turkey's energy deal in Libya fans regional rivalries Turkey is likely to face stronger headwinds in the eastern Mediterranean after signing a controversial energy exploration deal with Libya’s interim government. Turkey
Iraq's commitment to OPEC oil reduction won't affect exports Iraq's oil reduction per the recent OPEC+ agreement will not affect the country's revenues, according to Iraq's oil minister. Iraq
Egypt persuades Israel to extract Gaza’s natural gas Al-Monitor obtained information from Palestinian and Egyptian officials about the success of Egyptian mediation in pushing Israel to allow the start of extracting natural gas off the coast of the Gaza Strip. Egypt
Iraq, Jordan launch electrical grid connection project Iraq and Jordan launched a project for an electrical grid connection between the two countries in order to improve Iraq's electricity situation and boost economic ties between the two countries. Iraq
Israeli defense minister fosters security ties in Azerbaijan Israeli Defense Minister Benny Gantz traveled this week to Azerbaijan on the backdrop of growing tensions with Iran and Jerusalem’s desire to deepen strategic, security and economic ties with Baku. Israel
Turkey-Libya energy deal clouds waters in East Mediterranean An energy deal signed between Turkey and the Libyan administration of Abdul Hamid Dbeibah on Monday has brought a reaction from Greece, EU and Libya’s eastern-based parliament. Turkey
Israel, Cyprus to resolve disagreement over maritime gas field Most of the disagreement points between Israel and Cyprus over the joint Aphrodite-Yishai natural gas reservoir have been resolved, and an agreement is apparently imminent. Israel
Abu Dhabi port operator signs oil transport deal with Iraqi firm AD Ports Group is seeking to expand its international business, recently making agreements in Egypt and Uzbekistan to this end. Iraq
US unveils new sanctions targeting Iran’s oil sales The Biden administration on Thursday blacklisted entities in China, Hong Kong, Iran, India and the United Arab Emirates over their alleged involvement in Iran’s petrochemical trade. Iran
UAE to help Germany reduce dependence on Russian gas Qatar is also reportedly close to supplying the European country with natural gas amid the Ukraine war. United Arab Emirates
Iraqi prime minister emphasizes Iraq's role in regional stability at UN The Iraqi prime minister highlighted Iraq's main issues and the country's regional and international significance at the UN General Assembly. Iraq
Natural gas profits finally put Israel's wealth fund into business After four disappointing years, Israel’s wealth fund, based on tax revenues from natural gas companies, has enough money to begin making investments. Israel
