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  1. Israel-Jordan Spat Threatens Already Precarious Cooperation

    ...ivately-owned Arab Potash plant at the southern end of the Dead Sea has been taking gas from Israel’s Tamar field (also operated by Noble) since Q1 2017 under a 1.9bcm, 15-year deal inked in 2014. On an economic level the Leviathan deal looks to be a boon for Israel and Jordan alike. Israel has st...

    Volume: 61
    Issue: 03
    Published at Fri, 19 Jan 2018

  2. Jordan Keeps Up Renewables Momentum With Solar Award & New Tender

    ...eld, but these were dashed when UK major BP withdrew from the project after spending $240mn on exploration. BP said further development of Risha was unfeasible due to “very poor reservoir quality” (MEES, 24 January 2014). PROJECT FINANCE Acwa will finance, build, own and operate the Risha PV pl...

    Volume: 60
    Issue: 03
    Published at Fri, 20 Jan 2017

  3. Saudi Generator Secures $2bn Credit As Part Of Broader Saudi Funding Drive

    ...generation Regulatory Authority (ECRA) says that SEC collected an average SR0.138/kWh ($0.04/kWh) from consumers in 2014, more than 10% below the average generating cost of SR0.154kWh. ECRA says SEC’s finances are boosted by “soft loans” from government. In 2015 SEC secured $3bn from Korea’s Kexim to help fu...

    Volume: 59
    Issue: 03
    Published at Fri, 22 Jan 2016

  4. Morocco In 350MW Solar Awards As Part Of Diversity Plan

    ...rder with Algeria. The award of Noor 2 and Noor 3 follow the conclusion of financing agreements with international lenders in December. The World Bank is providing $519mn (MEES, 3 October 2014) and the African Development Bank a further €176mn (MEES, 19 December 2014). Morocco is pushing solar an...

    Volume: 58
    Issue: 03
    Published at Fri, 16 Jan 2015

  5. Jordan Pushes Shale And Wind In Quest For Diversity

    ...ES, 18 October 2013); a 146mw gas-fired plant at Zarqa for start-up soon and a 143MW expansion of Samra III gas-fired plant for 2015 (MEES, 9 November 2012); and a 573MW tri-fuel plant at al-Manakher for early 2014 (MEES, 19 October 2012). ...

    Volume: 57
    Issue: 03
    Published at Fri, 17 Jan 2014

  6. SEC Lines Up ACWA-Led Consortium For Rabigh-2 IPP

    ...P 4,000 Eastern Province Under construction 2014 Rabigh IPP2 1,700 140km north of Jiddah Planning stage 20...

    Volume: 56
    Issue: 03
    Published at Fri, 18 Jan 2013