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IEA Trims Oil Demand Growth Forecast Following Large US Data Revisions
...portantly, however, Angola’s production prior to OPEC membership was due to rise to 2.25mn b/d in 2009 and 2.40mn b/d in 2011 based on planned developments, net of field decline. The cartel has thus gathered into the fold one of the six main sources of likely non-OPEC growth over the coming five years. Th...
Volume: 50Issue: 04Published at Mon, 22 Jan 2007 -
Kuwait On Track To Start Northern Gas Development By End-Year
...scovery at the Umm Niga and Sabriya fields in the north of the country has been confirmed to contain 35 tcf of gas in place. As such, the phased development plan envisages initial production of 175mn cfd, rising to 600mn cfd by the end of 2011 and 1bn cfd by 2015. KOC is expected to carry out the de...
Volume: 50Issue: 04Published at Mon, 22 Jan 2007