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Shahristani Pledges ‘Acceptable’ Expansion After Fawqa Well Standoff
...en 2011 is going to increase sufficiently to disrupt the balance in the supply and demand in the world market,” Dr Shahristani said. “As for the impact on OPEC, of course we have to discuss this important issue once there is the capacity in Iraq in the coming few years and agree on criteria that are ac...
Volume: 53Issue: 01Published at Mon, 04 Jan 2010 -
Khursaniyah Hitch Highlights Global Project Crunch
...oject under a traditional timetable would not have come on-stream until May 2009. But it is clear that Saudi Aramco is starting to feel the strain as it sets about implementing the largest expansion in its history. The firm plans to add almost 3mn b/d of gross crude production capacity by 2011. Ac...
Volume: 51Issue: 01Published at Mon, 07 Jan 2008